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MicroStrategy’s US$2 billion Bitcoin buy is largest since 2020
MICROSTRATEGY bought about 27,200 Bitcoin for around US$2.03 billion, the largest purchase by the crypto hedge-fund proxy since just after it began acquiring the digital asset more than four years…
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‘London’s Best-kept Secret’: UK’s Largest Wholesale Market Turns 50
By the time most Londoners had rolled out of bed on Monday morning, Gary Marshall was already winding down for the day at New Covent Garden Market. Located on the…
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Nvidia rides AI wave to pass Apple as world’s largest company
NVIDIA became the largest company in the world on Tuesday (Nov 5), surpassing Apple and underscoring just how dominant artificial intelligence (AI) has become on Wall Street. Shares rose 2.9…
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Japan’s largest pension fund GPIF has worst loss since 2020
JAPAN’S government Pension Investment Fund (GPIF) posted its biggest quarterly loss since 2020 as a rebound in the yen erased gains on overseas securities and domestic stocks declined. GPIF, one…
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Gaza Health Ministry Reports Dozens of Health Care Professionals Detained after Israel Evacuated Largest Remaining Hospital: ‘The Smell of Death Has Spread’
Israeli forces reportedly shelled one of the last remaining hospitals in northern Gaza after a dayslong raid, destroying the pharmaceutical warehouse, intensive care unit, and tents used for temporary housing.…
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UOB issues largest 3-year panda bond among foreign issuers at 5 billion yuan
UOB has successfully priced a three-year, five billion yuan (S$923 million) bond at 2.3 per cent, marking its first “panda” bond, or yuan note from offshore issuers, in China’s domestic…
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Horizon Robotics seeks US$696 million in Hong Kong IPO, would be city’s largest in 2024
CHINESE autonomous driving firm Horizon Robotics is aiming to raise up to US$696 million in a Hong Kong initial public offering, as the city’s listings market shows signs of renewed…
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Horizon Robotics seeks US$696 million in Hong Kong IPO, in what would be city’s largest in 2024
CHINESE autonomous driving firm Horizon Robotics is aiming to raise up to US$696 million in a Hong Kong initial public offering (IPO), as the city’s listings market shows signs of…
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Tokyo Metro looks to raise up to US$2.4 billion in largest Japan IPO since 2018
TOKYO Metro has set a price range at 1,100 to 1,200 yen per share, against an initial estimate of 1,100 yen, a regulatory filing showed on Monday (Oct 7). At…
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Malaysia’s Sarawak state secures largest stake in Affin Bank
MALAYSIA’S Sarawak state has emerged as the largest shareholder in Affin Bank after finalising a long-delayed deal to acquire additional shares in the lender. State-owned SG Assetfin Holdings signed a…
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S’pore consumers, ports could benefit from reshuffling of alliances among world’s largest shipping lines
Local ports could benefit as the world’s largest shipping lines restructure alliances in the light of major trade routes being redrawn around the Horn of Africa to avoid violence in…
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HSBC’s new CEO is looking to shake up Europe’s largest lender
WITH just two weeks under his belt as the new chief executive officer of HSBC Holdings, Georges Elhedery has made it clear he’s looking to make his mark on the…
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World’s Largest Indoor Ski Resort Opens In Shanghai As China Logs Hottest Month
Shanghai opened the world’s largest indoor ski resort on Friday, welcoming snowsuit-clad visitors to its faux pistes as China reported its hottest August in 60 years. This year’s northern summer…
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SP Group makes its largest solar investment in China with 240-MWp project
To date, the company has secured 1.45 gigawatt of solar projects across 18 provinces and municipalities in the country SINGAPORE’S SP Group has deployed a 240 megawatt-peak agrivoltaic project in…