Raises
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Uniqlo owner Fast Retailing reports jump in quarterly profit, raises annual forecast
It benefits from strong sales at home, and expansions in Europe and North America [TOKYO] The Japanese operator of the Uniqlo clothing brand, Fast Retailing, on Thursday (Jan 8) said…
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Berkshire Hathaway raises new CEO Abel’s salary to US$25 million
[NEW YORK] Berkshire Hathaway said on Tuesday (Jan 6) it raised the salary of new chief executive Greg Abel to US$25 million, far exceeding the US$100,000 annual salary that his…
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DayOne Data Centers raises over US$2 billion to fund Europe, Asia expansion
DAYONE-FUNDRAISING/ (URGENT):DayOne Data Centers raises over $2 billion to fund Europe, Asia expansion [SINGAPORE] DayOne Data Centers has entered into definitive agreements for over US$2.0 billion in its series C…
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UBS raises US$3 billion from sale of Additional Tier 1 bonds
[LONDON] UBS Group sold US$3 billion of Additional Tier 1 (AT1) bonds on Monday (Jan 5) as major banks face modest refinancing needs that are expected to limit supply. The…
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Trump Allies’ Grip on Data and US Media Raises Alarm Among Critics
A constellation of wealthy business figures aligned with President Trump’s political network now exert substantial influence over both the technologies that collect personal data and the media platforms that shape…
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FEO unit raises Banyan Tree stake; Acma announces placement
For 2025, the total buyback for consideration for more than 80 primary-listed companies totalled S$2.2 billion [SINGAPORE] For the abbreviated trading sessions between Dec 26 and Dec 31, institutions were…
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Netanyahu’s Trump Meeting Raises Stakes for Gaza Deal and 2026 Survival
Israeli Prime Minister Benjamin Netanyahu’s visit to Mar-a-Lago this week is shaping up to be far more than a diplomatic courtesy call. His meeting with US President Donald Trump is…
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3I/ATLAS Baffles Experts: Harvard Scientist Raises Alarming Claim About Cyanide Clouds in Space
Something did fly past Earth last week, and it left a trail of uneasy questions behind it: could interstellar comet 3I/ATLAS have shed toxic material that made it all the…
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Bank of Japan raises interest rates to 30-year high, signals more hikes
[TOKYO] The Bank of Japan (BOJ) raised interest rates on Friday (Dec 19) to levels unseen in three decades and signalled its readiness for further hikes, taking another landmark step…
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BOJ raises interest rates to 30-year high, signals more hikes
It offers a slightly more upbeat view on the economy than at its previous meeting in October [TOKYO] The Bank of Japan (BOJ) raised interest rates on Friday (Dec 19)…
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FedEx posts higher quarterly results, raises low end of full-year profit forecast
It lifted its 2026 revenue outlook, calling for 5 to 6 per cent year-over-year growth FEDEX posted higher second-quarter profit and revenue on Thursday and lifted the low end of…
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Carlos Alcaraz and Juan Carlos Ferrero Split Suddenly, Timing Raises Questions
Carlos Alcaraz’s decision to part ways with long-time coach Juan Carlos Ferrero has stunned the tennis world, largely due to the timing and the success they shared together. With six…
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OUE raises stake in OUE Healthcare to 89.7% with S$20.7 million share purchase
OUE says the transaction is in line with its commitment to the longer-term prospects of OUE Healthcare’s core business [SINGAPORE] OUE has agreed to acquire a 19.3 per cent stake…
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LeBron James Gambling Scandal Explained as NBA Probe Raises Integrity Fears
LeBron James has built one of the most carefully protected reputations in modern sport. However, a widening NBA betting investigation has pulled his name into the headlines, even as league…
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Temasek-owned SeaTown raises about US$900 million as of second close of third private credit fund
This comes four months after its first close of over US$612 million back in August [SINGAPORE] SeaTown, owned by Temasek’s asset management group Seviora, has raised about US$900 million as…