Raises
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Maersk raises profit outlook on strong market
Danish shipping group AP Moller-Maersk said on Monday (Oct 21) it had raised its full-year forecasts on the back of strong third quarter results, robust demand and the continuing disruption…
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Brokers’ take: DBS downgrades Yanlord Land, but raises price target to S$0.70
DBS Group Research downgraded Yanlord Land to “hold” from “buy” following the stock’s share price rally, as the research house believes positive investor sentiment is now priced in. It nonetheless…
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KK Miner raises $10 billion to provide investors with an easier path to mining cryptocurrency
With the rapid development of the global cryptocurrency market, the mining industry has reached a new milestone. Recently, KK Miner, a leading cryptocurrency cloud mining platform, announced that it has…
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Brokers’ take: Maybank raises Sea’s target price to US$110 on higher earnings estimate
MAYBANK Securities has raised its target price for the Internet company Sea by 15 per cent to US$110, from US$96 previously, while reiterating its “buy” call on the counter. The…
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Britain’s Tesco raises annual profit outlook after strong first-half
TESCO raised its annual profit forecast on Thursday (Oct 3) as Britain’s biggest supermarket group won market share in its first half, giving it momentum ahead of the key festive…
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Pfizer raises US$3.2 billion by selling part of Haleon stake
Pfizer increased the number of shares to 640 million from 540 million after the sale began Pfizer has raised about US$3.2 billion from the sale of Haleon shares, as it…
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Nancy Pelosi’s Husband Raises Eyebrows With Massive Well-Timed Sale Of Visa Shares
Paul and Nancy Pelosi at the 66th pre-Grammy Awards gala in February 2024. Latin Times Nancy Pelosi’s husband’s latest stock market move is raising eyebrows. California Democratic Rep. Nancy Pelosi’s…
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Saudi Aramco raises US$3 billion from second debt sale since July
State oil giant Saudi Aramco has raised US$3 billion from two-part Islamic bonds, or sukuk, tapping the debt markets for the second time this year as it expects to pay…
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Tesla’s potential ‘best quarter’ in China raises expectations
WITH Tesla possibly looking at its “best quarter ever” in China, Wall Street pros are rushing to increase their outlooks for the electric vehicle (EV) maker’s quarterly sales. At least…
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First Sponsor raises S$244 million from oversubscribed rights issue
It intends to use net proceeds to fund expansion plans, strengthen financial position and capital base MAINBOARD-LISTED property developer First Sponsor Group on Wednesday (Sep 25) said it raised gross…
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Meituan raises US$2.5 billion in dollar bonds in China’s first tech debt deal of 2024
MEITUAN, China’s biggest delivery platform, has raised US$2.5 billion in a two-tranche US dollar bond deal, according to its regulatory filings on Wednesday (Sep 25), in the country’s first offshore…
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Toyota raises buyback to 1.2 trillion yen, citing share levels
TOYOTA Motor bumped up the size of its share buyback to 1.2 trillion yen (S$11 billion) as the world’s largest carmaker enjoys strong demand in Japan and Europe. The Japanese…
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Brookfield fund raises US$2.4 billion for clean energy investment
BROOKFIELD Asset Management (Brookfield) announced an initial closing of US$2.4 billion for its Catalytic Transition Fund (CTF) to drive clean energy and transition asset investments in emerging markets across the…
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Kamala Harris’s Campaign Raises Over Four Times More Than Trump’s: Reports
Kamala Harris’s campaign raised over four times more than Donald Trump’s in August, taking advantage of the heightened Democratic enthusiasm during the first full month of her presidential run. Harris’s…
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Hemi Labs raises $15M to launch blockchain that unifies ‘king and queen of crypto’
KEY POINTS The latest funding round was led by Binance Labs, Breyer Capital, and Big Brain Holdings The Hemi Network merges the best capabilities of both Bitcoin and Ethereum Hemi…
