Raises
Grab returns to profit in Q3, raises 2024 revenue forecast
Grab on Tuesday (Nov 12) reported third-quarter earnings that showed it turned back to being profitable, and raised its forecast for its full-year 2024 revenue on expectations of strong...
Expedia raises full-year guidance, beats on gross bookings
EXPEDIA Group posted better-than-expected grossing bookings in the third quarter and said it was raising its full-year guidance, suggesting that demand has proven stronger than the company had previously...
CapitaLand Investment raises S$261 million for South-east Asia, India private funds
CAPITALAND Investment (CLI) has secured a S$261 million capital commitment from Mitsui OSK Lines for its South-east Asia and India private funds. Mitsui OSK Lines, a shipping major in...
Palantir raises 2024 revenue forecast again on robust AI adoption; shares surge
PALANTIR Technologies on Monday (Nov 4) raised its annual revenue forecast for the third time, betting on strong spending from governments and rising demand for its software services from...
Brokers’ take: RHB raises price target for Sheng Siong on positive outlook
RHB on Wednesday (Oct 30) raised its price target for Sheng Siong to S$2 from S$1.88 and kept its “buy” call on the counter. The new price target represents a...
Brokers’ take: RHB raises Sheng Siong price target to S$2 on earnings growth momentum
RHB on Wednesday (Oct 30) raised its price target for Sheng Siong to S$2 from S$1.88 and kept its “buy” call on the counter. The new price target represents a...
Keppel’s private-credit fund raises US$300 million in first close
KEPPEL’S third private-credit fund raised around US$300 million of committed capital in its first close, the global asset manager and operator announced on Wednesday (Oct 30). The fund, known as...
Circle raises fees despite rising stablecoin market competition
FOR the second time in less than a year, Circle Internet Financial has increased the fees it charges to cash out holdings of its USDC stablecoin.Redemption of USDC via...
