Raises
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JD.com raises US$1.75 billion in convertible bonds
JD.COM sold US$1.75 billion of bonds due in five years that can be converted into the Chinese e-commerce retailer’s equity. Source link
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Lionsgate Studio raises PIPE amount to US$225 million ahead of closing SPAC deal
LIONSGATE Studio raised its private investment in public equity (PIPE) amount to US$225 million ahead of its merger with Screaming Eagle Acquisition, the special purpose-acquisition company (SPAC) firm disclosed in…
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KKR raises US$2 billion for US institutional evergreen fund
KKR & Co so far has raised more than US$2 billion from institutional investors in its biggest US direct lending evergreen fund, according to a person with knowledge of the…
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Levi Strauss raises profit forecast on cost saving initiatives, fewer discounts
LEVI Strauss raised its annual profit forecast on Wednesday (Apr 3), citing the apparel maker’s recent cost savings from job cuts and less aggressive discounts on its jeans and denim…
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Chipmaker Hailo raises US$120 million riding on AI boom
ISRAEL-BASED chipmaker Hailo has raised US$120 million in a new funding round, valuing it at US$1.2 billion, and released a high-performance generative artificial intelligence (AI) chip, the company said on…
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Trump’s media company raises going-concern doubts; shares tumble
SHARES of Trump Media & Technology Group fell nearly 18 per cent on Monday (Apr 1) as the parent of Truth Social platform raised going-concern doubts due to struggles to…
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CSE Global raises S$24 million from share placement
CSE Global has raised gross proceeds of S$24 million from a share placement to fund strategic acquisitions and investments in its core markets. The group said on Monday (Mar 25)…
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Goldman Sachs raises US$700 million to co-invest with hedge funds
THE asset management arm of Goldman Sachs Group has raised about US$700 million for a new fund that invests side by side with hedge funds and private credit firms. Union…
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Taiwan central bank raises benchmark rate in surprise move
TAIWAN’S central bank surprised markets by raising its policy rate on Thursday (Mar 21), and also lifted its inflation forecast for the year as inflationary pressures persist. The central bank…
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Wary of inflation, Taiwan central bank raises key rate in surprise move
TAIWAN’S central bank surprised markets by raising its policy rate on Thursday (Mar 21), wary of continued inflationary pressures and ahead of an expected rise in electricity prices next month,…
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Alibaba raises US$317 million from sale of stake in EV maker XPeng
ALIBABA Group Holding raised US$317 million from the sale of about 33 million of US-traded shares of XPeng, a source familiar with the matter said. Taobao China Holding, an Alibaba…
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Broker’s take: RHB raises SGX target price but says valuation, dividends ‘still unexciting’
RHB Research raised its target price on Singapore Exchange (SGX) to S$10 from S$9.60. The higher target price is based on a 21 times price-to-earnings ratio, in line with SGX’s…
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UN Security Council Meeting Raises Alarm On ‘Critical’ Haiti Situation
The UN Security Council expressed its concern over the deteriorating situation in violence-gripped Haiti on Wednesday, as Washington ramped up pressure on absent Prime Minister Ariel Henry to secure a…
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IM Motors raises US$1.1 billion in one of China EV brands’ biggest recent deals
IM MOTORS, a premium electric vehicle brand of state-owned Chinese automaker SAIC, said on Friday (Mar 1) it has raised more than US$1.1 billion to work on new smart car…
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Philippines raises record 585 billion pesos from retail treasury bonds
THE Philippines raised a record 585 billion pesos (S$14 billion) from the sale of small-denominated treasury bonds, which will help fund government projects and plug a gaping budget shortfall. Of…
