Business
Bain seeks to raise at least US$7 billion for new Asia PE fund
Bain Capital is looking to raise billions of US dollars for its next Asia fund and a special situation fund in the region, as it moves to…
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raise
Politics
California lawmakers tackle potential dangers of AI chatbots after parents raise safety concerns
When her 14-year-old son took his own life after interacting with artificial intelligence chatbots, Megan Garcia turned her grief into…
Politics
Blue state Republicans ready for fight to raise cap on state and local tax deduction
GOP lawmakers from blue states are digging in for a fight with fellow Republicans over raising the cap on state and local tax deductions…
Business
Car dealer Vin’s Holdings gears up to raise net proceeds of S$4 million in Catalist IPO
Car dealer Vin’s Holdings is looking to raise net proceeds of S$4 million in an initial public offering (IPO) to drive its expansion…
Business
FDA Layoffs Could Raise Drug Costs and Erode Food Safety
Health Secretary Robert F. Kennedy Jr. announced wide-ranging cutbacks at federal health agencies, including the Food and Drug…
Politics
Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China
President Trump on Wednesday ordered the closure of a loophole that allows retailers to directly send clothes and other goods from China…
Business
Analysts raise gold price forecasts after spot prices hit fresh record
Gold’s record-breaking rally is not over yet, especially amid looming recession risks and central bank demand, said analysts. After spot…
Business
OpenAI to raise US$40 billion in SoftBank-led new funding
OPENAI said on Monday it would raise US$40 billion in a new funding round led by SoftBank Group at a US$300 billion valuation to advance…
Politics
Kristi Noem's expenses raise eyebrows among Republicans in her home state
Department of Homeland Security (DHS) Secretary Kristi Noem, while serving as South Dakota governor, billed state taxpayers hundreds of…
Business
Nio to raise HK$4 billion from equity placement to fund R&D
Chinese electric vehicle (EV) maker Nio on Thursday (Mar 27) announced plans to raise HK$4 billion (S$688 million) through a share…
Business
China’s Xiaomi to raise up to US$5.27 billion from share sale
The money raised is earmarked for business expansion, investment in research and technology development and general corporate purposes…
Business
BOJ to raise rates if price outlooks to be achieved, deputy governor says
The Bank of Japan would continue raising interest rates if the central bank’s outlooks on the economy and prices are likely to be…
News
Gold unchanged near record high as global uncertainties raise demand
Gold held steady on Friday (Mar 21) to trade below its record high hit in the previous session, supported by safe-haven demand arising…
Business
Chinese firms dump Europe for Hong Kong to raise funds
CHINESE companies that once pursued additional listings in Europe are abandoning those plans after Beijing’s securities regulator…
Business
Fluidstack in talks to raise $200m
Fluidstack, a British startup specialising in cloud-computing services for AI, is in discussions with investors to secure up to $200m in…
Business
Chinese bubble tea chain Mixue aims to raise HK$3.45 billion in Hong Kong IPO
Bookbuilding for the IPO starts on Friday and the stock is due to begin trading on the Hong Kong Stock Exchange on Mar 3 CHINA’S largest…
Business
A Trump DOGE Dividend Could Raise Inflation
DealBook’s Lauren Hirsch is in Miami Beach at the FII Priority conference, where President Trump floated the idea of sending Americans a…
Business
DeepSeek rally helps Chinese tech firms raise more funds
Listed Chinese companies have raised more than US$1 billion globally through placements so far this year, with most of it in February THE…
Business
Analysts raise target prices, dividend estimates on UOB as they get positive on earnings outlook
Maybank forecasts return on equity to increase, thereby driving higher valuations ANALYSTS have raised their target prices for UOB after…
Business
Siemens set to raise 1.4 billion euros in Healthineers stake sale
SIEMENS is likely to raise about 1.4 billion euros (S$2 billion) from the sale of a roughly 2.3 per cent stake in Siemens Healthineers,…
Business
Musk’s X in talks to raise money at US$44 billion valuation, Bloomberg News reports
ELON Musk’s X social media platform is in talks to raise money from investors at a US$44 billion valuation, Bloomberg News reported on…
Politics
Illegal immigrants now paying up to $30,000 as cartels raise prices under Trump
Mexican migrants, who usually pay the lowest rates, are now regularly shelling out $10,000 apiece, and prices as high as $16,000 are not…
Business
China’s Sany Heavy Industry aims to raise up to US$1.5 billion in planned Hong Kong listing: sources
CHINESE manufacturer Sany Heavy Industry is planning a listing in Hong Kong that could raise up to US$1.5 billion, two sources familiar…
Business
China’s record mergers in 57 trillion yuan small banking sector raise future risks
CHINA oversaw its largest-ever wave of rural bank mergers last year, a Reuters review of official data showed, but analysts say Beijing’s…