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Meta’s US$29 billion deal marks pivotal moment for private credit
[ad_1] [LOS ANGELES] The heavy hitters of private credit have been waiting for this moment for years.Major lenders, which often cater to companies with dented credit, talk endlessly about the...
Chinese tech financier released after probe: former colleague
[ad_1] Published Sat, Aug 9, 2025 · 02:20 PM[BEIJING] Chinese tech financier Bao Fan has been released by Chinese authorities after vanishing from public view over two years ago while...
Oil steadies on reports of US-Russia deal, ends week about 5% lower
[ad_1] [HOUSTON] Oil held steady on Friday (Aug 8) as markets awaited a meeting in coming days between Russian President Vladimir Putin and his US counterpart Donald Trump, but prices...
Sri Trang Gloves Q2 earnings drop by 79.6% to 77.1 million baht
[ad_1] [SINGAPORE] Sri Trang Gloves posted a net profit drop of 79.6 per cent year on year to 77.1 million baht (S$3.1 million) for the quarter ended June, as the...
Trump says Intel CEO is ‘highly conflicted,’ calls for his resignation
[ad_1] Chipmaker Intel is the latest tech company facing political pressure from President Trump. On Thursday, Trump called for the immediate resignation of Intel Chief Executive Lip-Bu Tan, who took...
Trump urges Intel CEO to resign immediately, calls him ‘conflicted’
[ad_1] Published Thu, Aug 7, 2025 · 08:23 PM[WASHINGTON] US President Donald Trump called on the chief executive officer of Intel to resign because of what he called conflicts of...
Apple to pledge US$100 billion for US manufacturing: White House official
[ad_1] Published Wed, Aug 6, 2025 · 10:15 PM[WASHINGTON] Apple will announce a domestic manufacturing pledge of US$100 billion on Wednesday (Aug 6) that will focus on bringing more manufacturing...
Sats opens new cargo handling facility at Changi to cut processing time by 20%
[ad_1] [SINGAPORE] Sats on Tuesday (Aug 5) opened a new air-cargo handling facility in Changi Airport, which is expected to cut minimum processing time for shipments by 20 per cent.The...
Singapore shares boosted by retail sales growth; STI up 0.3%
[ad_1] [SINGAPORE] The Straits Times Index (STI) settled higher on Tuesday (Aug 5) for the second consecutive session, supported by stronger-than-expected retail sales figures for June.Retail sales rose 2.3 per...
TSMC cracks down on potential trade secret breach, initiates legal action
[ad_1] Published Tue, Aug 5, 2025 · 02:37 PM[TAIPEI] Taiwan Semiconductor Manufacturing Company (TSMC), the world’s main producer of advanced AI chips, has launched legal proceedings and taken disciplinary action...
Hong Kong asks insurers to move investing roles from Singapore, in push to compete on talent
[ad_1] [HONG KONG] Life insurers have become the latest target in Hong Kong’s efforts to compete with Singapore in retaining talent and capital.Over the past year, Hong Kong’s insurance regulator...
US explores better location trackers for AI chips, official says
[ad_1] [TAIPEI] The US is exploring ways to equip chips with better location-tracking capabilities, a senior official said, underscoring Washington’s effort to curtail the flow of semiconductors made by the...