Chinese data centre firm GDS aims to raise over US$1 billion for international unit DayOne: sources
GDS is aiming to build up DayOne into an independently run and separately listed unit in the mid to long ...
Tag: Sources
China’s state banks ramp up US dollar buying to stabilise renminbi: sources
The combined actions of the lenders mark a reversal from last year’s efforts to defend the weakening renminbi China’s major ...
Chinese 450 billion yuan optics firm Innolight weighs Hong Kong listing: sources
Zhongji Innolight, a Chinese maker of optical communication modules and devices, is considering a listing in Hong Kong, according to ...
NYSE parent nears deal for US$2 billion stake in crypto-based betting startup Polymarket: sources
INTERCONTINENTAL Exchange, the parent of New York Stock Exchange, is in talks to invest US$2 billion in Polymarket, The Wall ...
Carlyle, EQT, HongShan among final bidders for Starbucks China: sources
Global investment firms Carlyle Group and EQT, alongside regional players HongShan Capital Group and Boyu Capital, are preparing final offers ...
Opec+ set to raise oil output further from October: sources
Opec+ is set to agree to further raise oil output on Sunday (Sep 7) while probably slowing the pace of ...
ByteDance chip design staff suddenly find out they report to Singapore unit: sources
Chip design workers at Chinese tech giant ByteDance, many based in Beijing or Shanghai, unexpectedly found out last week that ...
US prepares to allow limited oil operations in Venezuela, starting with Chevron, sources say
The United States is preparing to grant new authorisations to key partners of Venezuela’s state-run PDVSA, starting with Chevron, to allow ...
Indonesia plans US$8 billion refineries contract with US firm amid tariffs deal: sources
Indonesian sovereign wealth fund Danantara plans to sign a US$8 billion engineering, procurement and construction contract with US engineering firm ...
Julius Baer seeks to cut bonuses of bankers with risky books: sources
The move comes as the Swiss lender’s top management seek to reset and put the bank on a path for ...
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