Raises
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Sea raises seller fees to above TikTok, Temu to lift margins
SEA’S Shopee has raised the commissions it charges merchants in many core markets by about a third since the start of the year, underscoring the South-east Asia e-commerce leader’s renewed…
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Kamala Harris Returns To San Francisco, Raises Over $12M At Star-Studded Event
Vice President Kamala Harris made a much-anticipated return to San Francisco on Sunday, marking her first visit since clinching the Democratic nomination. The event, held at the historic Fairmont Hotel,…
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Singapore medtech startup raises US$7 million to expand accessible respiratory care globally
SINGAPORE-BASED digital health company Aevice Health has secured US$7 million in a seed plus round to expand its operations in the US, Japan and Singapore. The company develops wearables that…
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Harris Blitzes Battlegrounds As Trump Schedule Raises Eyebrows
Donald Trump was to campaign Friday in a safe Republican state as Kamala Harris barnstorms the battlegrounds likely to decide November’s election, carried by surge in momentum that has left…
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JPMorgan Raises Recession Probability Amid Weakening Labor Market
JPMorgan Chase & Co. has raised its estimate of the likelihood of a U.S. recession by the end of 2024 to 35%, up from 25% at the beginning of July.…
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Siemens Energy raises cash flow outlook as turnaround gains momentum
SIEMENS Energy on Wednesday (Aug 7) raised its free cash flow outlook for the second time in three months, citing stronger demand for its power grid equipment and gas turbines…
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Sony raises outlook after music, software help earnings beat
SONY Group raised its forecast for revenue and profit in the fiscal year to March after a successful quarter for its music and gaming software divisions. The Japanese entertainment giant…
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Disney raises streaming prices up to 25%, adds new channels
WALT Disney is raising the prices of its streaming services, with the lowest-cost offering, Disney+ with advertising, climbing 25 per cent to US$9.99 a month. Disney+ without ads will increase…
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Kirin raises Fancl tender offer price seeking to secure deal
KIRIN Holdings raised its tender offer price for Fancl by 4.1 per cent and extended its deadline for the bid to Aug 28, a potential concession to some investors who…
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Xpeng Aeroht raises US$150 million for production of flying cars
XPENG Aeroht, a unit of Chinese electric carmaker Xpeng, raised US$150 million to fund the development and production of a proposed flying car in Guangzhou. On Monday (Aug 5), the…
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GSK raises annual profit and sales forecast after second quarter beat
BRITISH drugmaker GSK raised its annual earnings and sales forecasts on Wednesday (Jul 31) and posted second-quarter results that beat market expectations, boosted by its cancer and HIV portfolio. CEO…
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Singapore startup Beep raises US$3.3 million in pre-series A investment round
BEEP, a Singapore-based Internet of Things startup, on Wednesday (Jul 31) announced the close of its US$3.3 million pre-series A investment round. The fundraising was led by existing investors which…
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Bank Of Japan Raises Key Interest Rate For Second Time In 17 Years
The Bank of Japan lifted its main interest rate Wednesday for just the second time in 17 years in another step away from its long-standing ultra-loose monetary policies. The central…
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Heineken raises guidance despite first-half miss and impairment
Dutch brewer Heineken raised its full-year profit guidance on Monday (Jul 29) despite missing half-year estimates and taking a US$949 million impairment. The maker of Europe’s top-selling lager reported a…
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Kamala Harris Campaign Raises $200m In Week Following Joe Biden’s Withdrawal
In less than a week, Kamala Harris has raised $200 million for her presidential campaign, according to a statement from her team on Sunday. The vice president is hoping that…
