Seeks

China auto body seeks subsidy extension as EV exports take hit
China auto body seeks subsidy extension as EV exports take hit
December 11, 2024
CHINA’S biggest industry group for automobile makers urged the government to extend concessions for trading in older vehicles, as part of measures to spur domestic car sales amid a...
Reliance Industries seeks up to US billion loan for refinancing
Reliance Industries seeks up to US$3 billion loan for refinancing
December 10, 2024
BILLIONAIRE Mukesh Ambani-owned Reliance Industries is in talks with banks for a loan of as much as US$3 billion to refinance debt due next year, according to sources familiar...
ECB seeks to speed up approvals for significant risk transfers
ECB seeks to speed up approvals for significant risk transfers
December 5, 2024
THE European Central Bank (ECB) is seeking to accelerate its approval process for significant risk transfers (SRTs), according to sources familiar with the matter, helping lenders to take advantage...
NTT Data seeks to buy land in Johor Bahru to build data centre
NTT Data seeks to buy land in Johor Bahru to build data centre
December 5, 2024
Malaysia is in the midst of a boom to build data centres as global tech players rush to meet the demand for infrastructure and computing power NTT Data announced...
Meta seeks nuclear power developers for reactors to start in early 2030s
Meta seeks nuclear power developers for reactors to start in early 2030s
December 3, 2024
META said on Tuesday (Dec 3) it is seeking proposals from nuclear power developers to help meet its artificial intelligence and environment goals, becoming the latest big tech company...
Dasin Retail Trust seeks court order to restrain proceedings against it for 6 months
Dasin Retail Trust seeks court order to restrain proceedings against it for 6 months
December 2, 2024
This will prevent any resolution for the winding-up of the company to pass, along with the commencement or continuation of any proceedings against the trustTHE trustee-manager of Dasin Retail...
Macquarie seeks Japan, India fund bets as China appetite cools
Macquarie seeks Japan, India fund bets as China appetite cools
November 29, 2024
MACQUARIE Group, one of the world’s biggest infrastructure investors, is looking to deploy more of its growing Asia cash pile in markets such as Japan and India as its appetite...
Bain-backed Chindata seeks a US.8 billion loan for refinancing and expansion in Malaysia
Bain-backed Chindata seeks a US$2.8 billion loan for refinancing and expansion in Malaysia
November 28, 2024
Chindata’s planned loan highlights data centres’ financing needs for AI service demand in the regionBain Capital-owned data centre operator Chindata Group Holdings is in discussions with lenders for a...
Citigroup slashes promotions as it seeks to overhaul bank, FT reports
Citigroup slashes promotions as it seeks to overhaul bank, FT reports
November 26, 2024
CITIGROUP is cutting the number of year-end promotions it awards as it seeks to hold costs down amid a long-term restructuring to shrink headcount, the Financial Times reported on...
Addvalue seeks at least US.1 million from Chinese software company
Addvalue seeks at least US$2.1 million from Chinese software company
November 26, 2024
It does not expect the commencement of arbitration proceedings to have a material impact on the company’s financial positionADDVALUE Technologies has commenced arbitration proceedings in Hong Kong against Xepic...