Raises
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BlackBerry raises annual revenue forecast on robust demand for cybersecurity services
The Waterloo-based company’s expects revenue between US$234 million and US$244 million for the unit, from its prior forecast of US$230 million to US$240 million Published Wed, Jun 25, 2025 ·…
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Weaker greenback raises risk of currency mismatch for Asian insurers holding USD assets
[SINGAPORE] A mismatch between the currencies in which insurers’ assets and liabilities are held can put pressure on their capital and ability to fulfil the liabilities. This is the issue…
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Weaker greenback raises risk of currency mismatch for Asian insurers holding USD assets
[SINGAPORE] A mismatch between the currencies in which insurers’ assets and liabilities are held can put pressure on their capital and ability to fulfil the liabilities. This is the issue…
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New Zealand Coroner Raises Alarm Over ‘Perilous’ Collision Sport
A New Zealand coroner Thursday condemned a “perilous” rugby-inspired sport in which competitors sprint and crash into each other without protective gear. “Runit” competitors line up 20 metres (65 feet)…
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TotalEnergies raises Malaysian gas stake in partnership with Petronas
Published Mon, Jun 16, 2025 · 05:12 PM [KUALA LUMPUR/PARIS] French energy giant TotalEnergies has acquired further stakes in Malaysian gas assets from the country’s national producer Petronas, CEO Patrick…
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Indian family mourns fatal Uber crash, raises questions about global ride-hailing safety
On a day typically reserved for celebrating fathers, an Indian family from Noida is grieving the loss of theirs — the result of what they call a preventable tragedy involving…
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DBS raises target price for Sheng Siong on steady earnings growth, margin superiority
[SINGAPORE] DBS Research Equity on Tue (Jun 10) raised its target price for Sheng Siong to S$2.30 from S$2 on the back of strong earnings growth and resilient margins despite…
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DBS raises DFI Retail Group Holding’s target price, citing strong potential to grow earnings
[SINGAPORE] DBS bank on Monday (Jun 9) raised its target price for DFI Retail Group from US$3 to US$3.60 and maintained its “buy” rating, citing a stronger and more focused…
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Stablecoin issuer Circle raises US$1.05 billion in upsized US IPO
[BENGALURU] CIRCLE Internet on Wednesday (Jun 4) priced its upsized US initial public offering (IPO) at US$31 apiece, raising US$1.05 billion, adding fresh momentum to a growing pipeline of late-stage…
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Ping An Insurance raises US$1.5 billion from convertible bonds
[HONG KONG] Ping An Insurance (Group) of China has sold HK$11.8 billion (S$1.9 billion) in bonds that can be converted into shares listed in Hong Kong, marking the insurance giant’s…
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Elon Musk Raises Concern After Sporting Black Eye at His White House Farewell Briefing Alongside Trump Amid Bombshell Drug Use Claims
Elon Musk was seen sporting a mysterious black eye during an Oval Office event to mark the end of his 130 days in the Trump administration, leaving social media users…
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CapitaLand Ascendas Reit raises S$500 million from private placement of 202 million shares at S$2.47 each
Proceeds will help fund S$700 million purchase of Tai Seng data centre, Science Park building [SINGAPORE] CapitaLand Ascendas Real Estate Investment Trust (Clar) has raised S$500 million from a private…
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China raises cross-border renminbi use requirement for major banks
The sharp increase highlights Beijing’s determination to accelerate the use of the renminbi in global trade Published Mon, May 26, 2025 · 07:21 PM [BEIJING] China’s central bank asked its…
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Morgan Stanley says Singapore market is a ‘safe haven’, raises price target for this sector
[SINGAPORE] Analysts from Morgan Stanley are strong on Singapore equities, as the market continued to outperform global stocks year to date – with a total return of 13 per cent.…
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Nomura raises top executives’ pay to highest in over a decade
Published Fri, May 23, 2025 · 09:32 AM NOMURA Holdings increased pay for its top executives to the highest in more than a decade, as Japan’s biggest brokerage posted a…
