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Morgan Stanley’s ETFs break US$1 billion with fund conversions
MORGAN Stanley’s exchange-traded lineup now holds more than US$1 billion thanks to the firm’s first-ever mutual-fund conversions. The issuer is flipping two fixed-income mutual funds – one that follows...
Luxury EV maker Lucid to raise US$1 billion from Saudi’s PIF affiliate
LUCID is raising US$1 billion in capital from an affiliate of Saudi Arabia’s Public Investment Fund (PIF), it said on Monday (Mar 25), sending the shares of the luxury...
Luxury EV maker Lucid to raise US$1 billion from Saudi’s PIF affiliate
LUCID is raising US$1 billion in capital from an affiliate of Saudi Arabia’s Public Investment Fund (PIF), it said on Monday, sending the shares of the luxury electric carmaker...
Coinbase Global plans to offer US$1 billion in convertible notes
COINBASE Global, the largest US cryptocurrency exchange, said it plans to offer US$1 billion in convertible senior notes to repay existing debt and for general corporate purposes. The notes...
Goldman Sachs expects US buybacks to top US$1 trillion in 2025
GOLDMAN Sachs expects US share buybacks to exceed US$1 trillion for the first time in 2025, driven by strong earnings growth from technology companies and looser financial conditions as...
SK Hynix investing US$1 billion to widen lead in AI memory chips
SK HYNIX is ramping up its spending on advanced chip packaging, in hopes of capturing more of the burgeoning demand for a crucial component in artificial intelligence (AI) development:...
Oil gains over US$1 on possible shipping disruptions
OILÂ prices gained on Monday as European diesel demand, constrained by Russian sanctions and shipping disruptions, pulled prices higher in a market jittery with US refinery output limited by planned...
‘Built to last’ Berkshire nears US$1 trillion valuation after record profit
WARREN Buffett-led Berkshire Hathaway inched closer to US$1 trillion market value on Monday (Fen 26), as the Class B shares of the investment conglomerate gained 5 per cent after...
