Entrepreneurship
Bain seeks to raise at least US$7 billion for new Asia PE fund
[HONG KONG] 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...
US dollar weakens against Singdollar as tariff uncertainty roils markets
[SINGAPORE] The US dollar fell to its weakest point against the Singapore dollar since November 2024, as markets continued to be volatile following continued global trade uncertainty.The greenback has...
CATL gets Hong Kong approval for this year’s biggest listing
CATL’s global expansion is under increasing threat as China-US tensions intensify[HONG KONG] Contemporary Amperex Technology Co Limited (CATL), the top maker of batteries for electric vehicles, won Hong Kong’s...
Tariff volatility set to benefit SGX; Macquarie upgrades shares, lifts target price
[SINGAPORE] As tariffs decimate the financials sector, the Singapore Exchange (SGX) is set to position itself as a defensive option with its suite of hedging products, said Macquarie analyst...
Sats JV to upgrade Marina Bay Cruise Centre
[SINGAPORE] Sats announced on Friday (Apr 11) that terminal operator Sats-Creuers Cruise Services (SCCS) will lead refurbishment works for Marina Bay Cruise Centre Singapore (MBCCS).The S$40 million upgrading works...
Stocks to watch: Sats, CapitaLand Investment
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Apr 11). Sats: Terminal operator Sats-Creuers Cruise Services (SCCS), a 60:40 joint venture...
EU, China will look into setting minimum prices on electric vehicles, EU says
[BERLIN] The European Union and China have agreed to look into setting minimum prices of Chinese-made electric vehicles (EVs) instead of tariffs imposed by the EU last year, a...
Harley-Davidson explores US$1 billion-plus sale of financing arm
[NEW YORK] Harley-Davidson is exploring options for its financing arm including a sale, which could fetch at least US$1 billion, according to sources familiar with the matter. The iconic...
Prada agrees to buy Versace for US$1.38 billion despite tariffs
The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership [PARIS] Prada agreed to buy Versace for US$1.38 billion in cash in a deal aimed at...
UBS sticks to US$3 billion share buyback plan despite capital changes, global uncertainty
[LUCERNE, Switzerland] UBS chairman Colm Kelleher on Thursday (Apr 10) reiterated the Swiss bank’s intention to repurchase shares to the tune of US$3 billion in 2025, despite looming capital...
