Money Alibaba seeks $5b in dual-currency bond offering Nada Ali Nov 18, 2024 0 China's e-commerce giant Alibaba Group is aiming to raise $5 billion through a multi-tranche bond issuance.
International News Pacific region economy to grow 3.3% in ’24 – ADB Nada Ali Aug 14, 2024 0 The Pacific region is projected to achieve economic growth of 3.3 per cent in 2024 and four per cent in 2025.
Featured QatarEnergy raises Sept. crude prices Aya Anwar Aug 7, 2024 0 QatarEnergy (QE) is set to increase its official formula prices for September-loading crude exports, marking a rise…
Industry & Trade Asian business activity remains broad-based in July – PMI Nada Ali Aug 6, 2024 0 The Asia Pacific region saw widespread economic growth in July across 15 out of 18 sectors.
Financial Institutions Goldman Sachs eyes $2b for 1st Asia-focused pacific private equity fund Nada Ali Jul 15, 2024 0 Goldman Sachs plans to launch a $2 billion private equity fund focused on Asia's growth potential.
Tech/AI Amazon to invest $8.88b into Singapore cloud infrastructure Nada Ali May 7, 2024 0 Amazon.com is ramping up its presence in Southeast Asia, announcing a S$12 billion ($8.88 billion) investment over…
Featured Morgan Stanley terminates jobs in Asia Aya Anwar Apr 17, 2024 0 Morgan Stanley is trimming its investment banking workforce in Asia Pacific by at least 50 positions, sources…
Tech news Google sets up cybersecurity hub in Tokyo Nada Ali Mar 7, 2024 0 Google has established a cybersecurity hub in Tokyo, its first in the Asia-Pacific region, Reuters reported on…
Featured Caterpillar achieves $17.1 bln revenue in Q4 ’23 Nada Ali Feb 5, 2024 0 Caterpillar Inc. said on Monday that it has achieved $17.1 billion in sales and revenues in the fourth quarter of…
International News Putin calls elite to invest in Rusisa rather than beg for Western money Yassmine Elbehnaihy Feb 22, 2023 0 Russian President Vladimir Putin addresses Russia’s business elite on Tuesday to invest at home, instead of begging…