Business
China’s control over 75% of Indonesia’s nickel capacity raises concerns
Chinese companies currently control 75% of Indonesia's nickel refining capacity, raising concerns about supply chain resilience, according…
Tag
raises
Business
Toyota raises full-year profit outlook by 9% to 4.7 trillion yen, to establish EV, battery unit in China
TOYOTA Motor raised its full-year operating profit forecast by 9 per cent on Wednesday, in a sign of confidence in its ability to ride out…
Politics
'Shadow government'? Billionaire Elon Musk's grip on U.S. government spending raises questions
The world’s richest man, acting as an unelected “efficiency” consultant to President Trump, has in recent days managed the rare feat of…
Business
KKR raises offer for Fuji Soft in US$4.3 billion tussle with Bain
KKR & Co raised its offer price for Fuji Soft to fend off a rival bid from Bain Capital, the latest chapter in a months-long battle for…
Business
Clorox raises guidance after quarterly sales top estimates
CLOROX raised sales and earnings guidance for the current year while also reporting better-than-expected quarterly results, showing that…
News
Washington DC plane crash data raises questions
Initial findings from an investigation into Wednesday's air crash in Washington D.C. that killed 67 people have raised further questions…
Business
DBS raises stake in Shenzhen Rural Commercial Bank
SINGAPORE’S largest lender DBS Bank has acquired an additional stake in Shenzhen Rural Commercial Bank (SRCB), increasing its stake from…
Business
Japan Raises Interest Rates to Highest Level Since 2008
In a number of ways, Japan’s economy seems to have gone back in time. Inflation and wage growth are mostly back where they were in the…
News
Bryan Kohberger lawyer raises questions about Idaho murder roommate's story
An attorney representing Bryan Kohberger, who is accused of killing four University Idaho students during a home invasion, questioned the…
Business
Disney raises Bob Iger’s pay by 30%, reflecting turnaround in profit
WALT Disney boosted chief executive officer Bob Iger’s total pay by 30 per cent in fiscal 2024, underscoring his turnaround of the media…
Business
Indonesia’s new export earnings rule raises fears of cash crunch, competitive setbacks
Indonesia’s bold move to mandate exporters to park all earnings onshore for a full year starting Mar 1 is set to shake up the industry.…
Business
Centurion joint chairman David Loh raises his stake in the group
OVER the five trading sessions from Jan 10 to 16, institutions were net sellers of Singapore stocks, leading to a net institutional…
Business
Microsoft-OpenAI partnership raises antitrust concerns, FTC says
MICROSOFT’S US$13 billion investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud computing into the…
Business
I.M.F. Raises U.S. Economic Forecast as Other Regions Lag
The U.S. economy is on track to grow faster this year than previously expected, the International Monetary Fund said on Friday, citing…
Business
Ardian raises US$30 billion in world’s biggest private equity secondary market fundraising
FRENCH private equity (PE) group Ardian has raised a record US$30 billion in the largest-ever secondary market fundraising globally. This…
Business
Anysphere, a Maker of A.I. Coding Software, Raises $100 Million
Anysphere, whose Cursor software uses artificial intelligence to help programmers code on the fly, plans to announce on Tuesday that it…
Business
Blackstone’s infrastructure fund for individuals raises more than US$1 billion
BLACKSTONE is betting individuals will turn the firm into a bigger force in roads, ports and data centres. The alternative asset manager…
Politics
Elon Musk's vow to "go to war" raises eyebrows
Tech billionaire Elon Musk's vow to "go to war" to defend H-1B visas has raised eyebrows from some on social media. Newsweek reached out…
News
Who is Briana Boston? Luigi Mangione Copycat" Raises $25K After Chilling Threat to Health Insurer Sparks Outrage
A Florida woman, Briana Boston, has sparked controversy after raising over $25,000 for her legal defense. Boston, a nuclear medicine…
Politics
With al-Assad gone, German opposition raises return of Syria refugees
A day after Syrian rebel groups seized control of the capital Damascus, senior leaders of Germany's conservative CDU/CSU bloc suggested…
Business
World Bank raises record US$100 billion for aid to poorest nations
THE World Bank received pledges to deploy a record of US$100 billion via its unit focused on low-interest loans and grants to the poorest…
Business
Lululemon raises annual forecasts betting on robust holiday sales
LULULEMON Athletica increased its full-year forecasts on Thursday (Dec 5), betting on resilient demand for its athletic wear in the US…
Politics
Putin raises Russian military strength to 2.4 million
Russian President Vladimir Putin has increased the size of the country's military for the third time since the February 2022 full-scale…
News
China's weak factory PMI raises pressure for consumer stimulus
By Joe Cash BEIJING (Reuters) -China's manufacturing activity sank to a six-month low in August as factory gate prices tumbled and owners…