Raises
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Granite Asia raises US$350 million for fund backed by Temasek, Khazanah, INA
[SINGAPORE] Granite Asia, a Singapore-based investment firm, said on Tuesday (Dec 9) that it had raised more than US$350 million in the first close of its Pan-Asia private credit fund,…
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SingPost raises standard domestic mail rates by S$0.10
The new prices are S$0.62 for standard regular mail and S$0.90 for standard large mail [SINGAPORE] On Tuesday (Dec 9), Singapore Post (SingPost) announced a S$0.10 increase to its standard…
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Latest 3I/ATLAS Update Raises Questions as to Whether Interstellar Comet is Harmless
Harvard scientist Avi Loeb has offered a provocative analysis of the interstellar comet 3I/ATLAS, suggesting its chemical composition raises questions about whether such objects could seed life on planets or…
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Philippines’ slow growth raises chance of December rate cut, says central bank chief
Data last month showed annual growth slowed to a four-year low of 4.0% in the third quarter [MANILA] A slower growth outlook for the Philippines raises the chances of another…
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Sanli Environmental raises about S$10 million in placement amid record order book
[SINGAPORE] Catalist-listed Sanli Environmental raised gross proceeds of some S$10 million in its placement of nearly 38.5 million fully paid-up ordinary shares at an issue price of S$0.26 apiece. In…
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Standard Chartered raises China 2026 GDP growth forecast to 4.6%
[BEIJING] Standard Chartered revised its forecast for China’s 2026 gross domestic product growth to 4.6 per cent from 4.3 per cent, citing the country’s resilient exports and continued gains in…
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August Global Partners raises US$150 million in final close of Healthcare fund
The fund seeks opportunities in healthtech, advanced manufacturing, digital health and precision medicine [SINGAPORE] Fund manager August Global Partners (AGP) has raised US$150 million in the final close of its…
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Malaysia-based restaurant software platform FeedMe raises US$5 million
[SINGAPORE] FeedMe, a restaurant software platform based in Malaysia, has raised US$5 million led by Integra Partners with participation from Cento Ventures. FeedMe offers an “all-in-one” solution that integrates restaurant…
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Japan’s Mizuho books 44% rise in Q2 profit, raises forecast
The company’s results show how Japan’s largest banks are cashing in on the end of ultra-low interest rates [TOKYO] Japan’s Mizuho Financial Group posted a 44 per cent rise in…
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Ex-Twitter CEO Agrawal’s AI search startup Parallel raises US$100 million
AI STARTUP Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has raised US$100 million to build web search infrastructure for artificial intelligence agents and fund deals with online…
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Manulife CQS raises US$1.1 billion for synthetic-risk transfers
The money is for its Manulife CQS Regulatory Capital Relief III Fund as well as some separately managed accounts [TORONTO] Manulife’s credit arm CQS Investment Management has raised US$1.1 billion…
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Prime US Reit raises distributable income payout ratio to at least 50%; records lower Q3 income
A distribution of only 10% of the distributable income has been declared for the last two one-year periods since Jul 1, 2023, the manager notes [SINGAPORE] The manager of Prime…
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Circles.Life raises concerns over M1-Simba deal to IMDA, warns merger could hurt consumers
The telco says the merged entity’s wholesale market dominance threatens fair competition and consumer choice [SINGAPORE] Mobile network operator Circles.Life has raised concerns over the proposed deal between M1 and…
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Geno Smith’s Uneven Start Raises Doubts Over Raiders’ 75M Deal
The Las Vegas Raiders lost to the Denver Broncos, 7-10, to register their seventh loss in nine games. Geno Smith was the opponent’s focus of attention, sacking him six times.…
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Where Is the Comet’s Tail? Loeb Raises Red Flag as Luna Demands Answers on 3I/ATLAS
The behaviour of a celestial object has sparked a cosmic debate. Astronomers are accustomed to comets sporting a bright, distinctive tail as they zoom near the Sun. So, when the…
