Raises
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CapitaLand Investment raises 1 billion yuan from 2.8% sustainability-linked bonds in China
CAPITALAND Investment (CLI) has raised one billion yuan (S$186 million) from the second and final tranche of its sustainability-linked bonds in China, after amassing the same amount from an earlier…
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Temasek-backed fintech Partior raises more than US$60 million in Series B funding
The latest round of investment will help build new capabilities including intraday foreign exchange swaps, cross-currency repurchase agreements, a programmable enterprise liquidity manager and multi-bank payments FINTECH company Partior raised…
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US: Nasdaq, S&P 500 hit record highs as payrolls data raises rate cut hopes
WALL Street stock indexes closed firmer on Friday (Jul 5), with the tech-heavy Nasdaq and benchmark S&P 500 hitting record highs, as new data showing US labour market weakness boosted…
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Philips’ second-biggest investor raises stake after apnoea deal
This comes after Exor, its largest shareholder, increased shareholding in the company to 17.5% from 16.1% A SECOND major Philips investor raised its holding in the medical technology giant, two…
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Brokers’ take: Maybank raises Singtel target on higher valuation in associate
MAYBANK Securities has lifted its target price on Singtel by 5 per cent to S$3.40 from S$3.24, after its associate, Bharti Airtel, said last week that it would raise mobile…
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CapitaLand tops buyback table; Heliconia raises stake in CSE Global
REAL estate group CapitaLand Investment (CLI) was an active buyer of its stock in the past week. From Jun 21 to 28, the company bought back 2.5 million shares over…
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Delhi airport disaster raises concern over Modi’s building spree
THE deadly roof collapse at India’s busiest airport is the latest in a string of recent infrastructure disasters in the country, raising safety questions as Prime Minister Narendra Modi spends…
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Wilmar raises its stake in Pakistan edible oils maker to 42.17%
The group’s subsidiary and a related company buy around US$15.4 million worth of shares in Unity Foods WILMAR International has upped its effective stake in Unity Foods, a Pakistan-listed edible…
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SoftBank raises US$1.86 billion overseas as it boosts AI bets
SOFTBANK Group raised about US$1.86 billion via US dollar and euro bond sales in its first foreign currency debt deal since 2021, as the Japanese tech firm moves to jump-start…
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Taiwan Raises China Travel Alert Over Death Penalty Threat
If Taiwanese people must go to China, the island’s government advised them to avoid discussing sensitive issues AFP Taiwan’s government on Thursday urged the public to avoid “unnecessary travel” to…
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Australia’s faster inflation raises risk of RBA rate hike
AUSTRALIA’S inflation accelerated faster than expected in May, sending the currency higher as traders boosted bets the Reserve Bank of Australia (RBA) will resume raising interest rates at its next…
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Cash-strapped Stability AI raises US$80 million with new CEO and board
STABILITY AI said on Tuesday (Jun 25) it has raised funds and appointed industry veteran Prem Akkaraju as its top boss, months after the exit of founder and CEO Emad…
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Biden’s Campaign Raises Over $85M In May, Yet Trails Trump Again
President Joe Biden and the Democratic Party have raised more than $85 million in May, according to his campaign on Thursday. However, Biden’s campaign still falls behind former President Donald…
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Australia regulator raises concerns over Olam’s A$145 million bid for Namoi Cotton
AUSTRALIA’S competition regulator said on Thursday (Jun 20) the proposed acquisition of Namoi Cotton by Singapore’s Olam Agri for A$145 million (S$131 million) raised competition concerns in the supply of…
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Goldman Sachs raises S&P 500 year-end target to 5,600
GOLDMAN Sachs has raised its 2024 year-end target for the S&P 500 Index to 5,600 from 5,200 earlier, citing strong earnings growth by five mega-cap US tech stocks and a…
