Raises
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Vietnam raises 4.1 trillion dong in bond auction; coupons hit year’s high
Vietnam’s State Treasury raised 4.1 trillion dong (S$218 million) in an auction where it had offered 8.5 trillion dong of government bonds at the Hanoi Stock Exchange on Wednesday (Jun…
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KKR raises A$500 million private credit loan for Perpetual buy
KKR & Co agreed to a private credit loan of about A$500 million (S$447 million) from Blackstone and Goldman Sachs Asset Management to help finance its acquisition of Australian fund…
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GameStop raises US$2.14 billion on back of Roaring Kitty-led rally
GAMESTOP raised roughly US$2.14 billion from a share sale programme as it capitalised on a stock rally after Keith Gill talked up the shares following his return to YouTube. The…
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Candi solar raises $38 mn to boost clean energy expansion
Clean energy company candi solar on Monday announced that it raised $38 million in a Series C funding round led by Norfund, Kyuden International, and STOA. According to the company,…
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China’s Space Pioneer raises 1.5 billion yuan to fund development of reusable rockets
BEIJING-BASED rocket developer Space Pioneer said on Thursday (Jun 6) that it had completed more than 1.5 billion yuan (S$280 million) round of fundraising that will go towards financing the…
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Nium raises US$50 million in Series E round
GIC and Temasek-backed payments startup Nium has raised US$50 million in a Series E funding round, which values the company at US$1.4 billion post-money. The funding round was led by…
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Maersk raises 2024 guidance on strong demand, Red Sea disruptions
DANISH shipping group AP Moeller-Maersk on Monday (Jun 3) raised its full-year profit guidance for the second time in a month on the back of strong container market demand and…
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Google’s latest data centre raises its investment in Singapore to S$6.7 billion
GOOGLE has increased its investment in infrastructure in Singapore to S$6.7 billion with the completion of its fourth data centre here. This is up from US$850 million in 2022 when…
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Google’s latest data centre raises its investment in Singapore to S$6.7 billion
GOOGLE has increased its investment in infrastructure in Singapore to S$6.7 billion with the completion of its fourth data centre here. This is up from US$850 million in 2022 when…
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Spotify raises US prices of its premium plans in margin push
SPOTIFY raised prices for its premium plans in the US on Monday (Jun 3), the latest step by the Swedish music-streaming service in its push to increase margins. On a…
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Abercrombie raises outlook, extending ‘90s fashion comeback
Abercrombie & Fitch raised its full-year outlook after it blew past first-quarter sales estimates and extended its bounce back from the teen fashion graveyard. The retailer now expects net growth…
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Musk’s xAI raises US$6 billion in bid to challenge OpenAI
Elon Musk’s artificial intelligence startup xAI has raised US$6 billion to accelerate its challenge to his former allies at OpenAI. The Series B round, announced in a blog post on…
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UN Raises Papua New Guinea Landslide Death Toll Estimate To 670
More than 670 people are believed to have died after a massive landslide in Papua New Guinea, a UN official told AFP on Sunday as aid workers and villagers braved…
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Best World raises exit offer price to S$2.56 per share in final offer
BEST World International : CGN 0% said on Friday (May 24) that it will raise its exit offer price to S$2.56 per share in cash, up from S$2.50 previously, and…
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South Korea extends rate pause, raises growth outlook
SOUTH Korea’s central bank kept its benchmark policy rate steady for an 11th straight meeting on Thursday as the economy showed no signs of slowing while inflation has begun abating…
