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ByteDance Seeks Record $9.5 Billion Loan For E-Commerce, GenAI Expansion
TikTok’s parent company ByteDance is eyeing a US$9.5 billion loan from banks, which would mark the biggest dollar-denominated corporate facility in Asia ex-Japan, according to reports. Banking institutions like Citigroup,…
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Europe: Stoxx 600 treads water at start of data-intensive week; Germany stocks notch record close
EUROPEAN shares were little changed on Monday, as investors analysed economic data for clues on the European Central bank’s policy trajectory, while Germany’s DAX index hit a record close, even as populist wins…
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Norway’s electric car sales set new world record
Norwegians bought 10,480 new EVs in August, bringing the total to 68,435 since the start of the year Electric car sales in Norway took a 94-per cent share of the…
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ByteDance eyes US$9.5 billion in record Asia dollar corporate loan
ByteDance, the Chinese owner of TikTok, is tapping banks for a US$9.5 billion loan that would be the biggest dollar-denominated corporate facility in Asia ex-Japan, according to people familiar with…
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South Korea to cut forex stabilisation fund by a record in 2025
South Korea will cut the size of its foreign exchange stabilisation fund by more than 30 per cent next year, a record amount, though the government says that’s still sufficient…
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MAS review group should build on market’s track record, seek to strengthen big local companies
While investors should not be shielded from the risk of losing money, their apparent lack of confidence in the local market ought to be addressed ONE afternoon in the early…
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Europe’s booming banks set to make record 50b euros in payouts
Europe’s biggest lenders are on track to return just over 50 billion euros (S$72 billion) to shareholders for the first time ever, highlighting just how big of a boost they’ve…
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Europe’s booming banks set to make record 50b euros in payouts to shareholders
Europe’s biggest lenders are on track to return just over 50 billion euros (S$72 billion) to shareholders for the first time ever, highlighting just how big of a boost they’ve…
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Dow Hits Yet Another Record High
Traders work the floor of the New York Stock Exchange earlier this month. ANGELA WEISS/AFP/Getty Images The Dow Jones Industrial Average closed at a record high again Friday — its…
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Europe: Shares inch up to record high as inflation data sets stage for ECB rate cut
EUROPEAN shares rose to an all-time high on Friday (Aug 30), closing a turbulent month on a bright note after a significant drop in euro zone inflation cemented market expectations…
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Europe: Shares inch up to record high as inflation data sets stage for ECB rate cut
EUROPEAN shares rose to an all-time high on Friday (Aug 30), closing a turbulent month on a bright note after a significant drop in euro zone inflation cemented market expectations…
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US: Dow notches record high close after upbeat economic data
WALL Street stocks rose and the Dow scored a second consecutive all-time closing high on Friday (Aug 30), with Tesla and Amazon climbing after fresh US economic data raised expectations…
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Asia: Markets rally on US data after Dow hits record on Wall Street
ASIAN markets rose on Friday after a record day on Wall Street, boosted by a strong round of US data that reassured investors over the health of the world’s top…
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Asian Markets Rally On US Data After Dow Hits Record On Wall St
Asian markets rose Friday after a record day on Wall Street, boosted by a strong round of US data that reassured investors over the health of the world’s top economy,…
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US: Stocks close mixed but Dow hits new record
WALL Street had a mixed showing on Thursday with the Dow reaching a fresh record after economic data indicating stronger second quarter GDP growth than initially estimated. The Dow Jones…
