Raises
-
Oil jumps 4% after Trump pauses tariffs on many countries, raises China levy
[NEW YORK] Oil prices climbed more than 4 per cent on Wednesday, bouncing back from four-year lows earlier in the session, after US President Donald Trump said he would further increase tariffs…
-
Trump’s ‘Great Time to Buy’ Claim Hours Before Tariff Pause Raises Insider Trading Concerns
President Donald Trump’s post insisting it would be “great time to buy” shared hours before announcing a tariff pause has sparked concerns of possible insider trading. In a post to…
-
US: Wall Street mixed at open as China raises tariffs on US goods
[NEW YORK] Wall Street’s main indexes were mixed at the open on Wednesday (Apr 9) after China announced more levies on US goods, retaliating against President Donald Trump’s reciprocal tariffs…
-
Karmelo Anthony: Fundraiser for Teen Who Killed Texas Football Star Austin Metcalf Raises $60,000 as He Claims He Acted in Self-Defense
A fundraiser supporting the Texas teenager charged with the fatal stabbing of Austin Metcalf — who reportedly died in his twin brother’s arms — has raised more than $60,000 as…
-
China raises record 1.45 trillion yuan from bonds in stimulus signal
[NEW YORK] China ramped up debt issuance this quarter, a move that both signals authorities’ priority on stimulating growth and efforts to prevent a repeat of an overheated bond market.…
-
FCT’s private placement raises S$220 million to finance Northpoint City deal, repay debt
[SINGAPORE] Frasers Centrepoint Trust (FCT) closed its upsized private placement at S$2.09 apiece, raising around S$220 million in gross proceeds with some 105.3 million new units to be issued. At…
-
Xiaomi raises US$5.5 billion in share sale for business expansion
[SYDNEY] China’s Xiaomi Corp said on Tuesday it had raised US$5.5 billion in an upsized share sale that will help fund the acceleration of its expansion plans. The company sold…
-
Stumbling stock market raises spectre of dot-com era reckoning
[NEW YORK, SAN FRANCISCO, CHICAGO] A revolutionary new technology comes along and infatuates investors with its seemingly limitless possibilities. Euphoria sparks a stock market rally. Eventually, things get overheated and…
-
ValueMax raises S$71.7 million through two digital securities commercial papers
Both papers were issued on Mar 3 and received “strong demand” from investors, says the company [SINGAPORE] Pawnbroking chain ValueMax Group has raised S$71.7 million through two separate three-month digital…
-
Euro gains after German fiscal deal raises hopes of reviving growth
THE euro rose on Friday (Mar 14) after German parties agreed on a fiscal deal that could boost defence spending and revive growth in Europe’s largest economy. The dollar weakened…
-
Chocolate Finance says customers have started receiving funds; raises debit card spending cap to S$1,000
[SINGAPORE] Customers of financial services platform Chocolate Finance have begun receiving their funds, four days after instant withdrawals were put on hold due to high demand. The payouts come as…
-
DBS raises US$2 billion through US dollar bonds, term sheet shows
[SINGAPORE] DBS Group, South-east Asia’s biggest bank, has raised US$2 billion through a multi-tranche US dollar senior bond issuance for general business purposes and to finance treasury activities, according to…
-
Citigroup cuts US stocks, raises China on pause in US exceptionalism
[SINGAPORE] Citigroup downgraded US equities to neutral from overweight while upgrading China to overweight, saying that US exceptionalism is at least on pause. The US investment bank had been overweight…
-
Hong Leong Asia’s Kwek Leng Peck raises stake after 35% rise in FY2024 net profit
OVER the five trading sessions from Feb 28 to Mar 6, institutions were net sellers of Singapore stocks, leading to a net institutional outflow of S$117 million, down from the…
-
China raises scrutiny of outflows via Hong Kong listings, foreign deals
CHINA is increasing scrutiny of outbound investments by domestic companies as well as their use of proceeds from Hong Kong share sales, people familiar with the matter said, after record…
