Billion

CapitaLand India Trust to divest 20.2% stakes in three data centre assets for seven billion rupees
CapitaLand India Trust to divest 20.2% stakes in three data centre assets for seven billion rupees
[SINGAPORE] CapitaLand India Trust (Clint) has entered into definitive agreements to divest 20.2 per cent of its stakes in three data centre assets under development to the CapitaLand India...
CapitaLand India Trust to divest 20.2% stakes in three data centre assets for seven billion rupees
CapitaLand India Trust to divest 20.2% stakes in three data centre assets for 7 billion rupees
The assets will be acquired by CapitaLand Investment’s development-focused data centre fund, which completed its first close with S$150 million in equity[SINGAPORE] CapitaLand India Trust (Clint) has entered deals...
SoftBank has completed its US billion investment in OpenAI
SoftBank has completed its US$40 billion investment in OpenAI
It has been building one of the largest private technology investment programmes in the world, with a particular focus on AI and related infrastructure[BENGALURU] Softbank has completed its US$40...
Six China IPOs debut in Hong Kong after raising HK billion to cap banner year
Six China IPOs debut in Hong Kong after raising HK$7 billion to cap banner year
With more than 300 companies filing to list, the momentum is set to carry into 2026[SINGAPORE/HONG KONG] Six Chinese companies made their Hong Kong trading debuts on Tuesday (Dec...
Citigroup to take US.1 billion loss on Russian business unit sale
Citigroup to take US$1.1 billion loss on Russian business unit sale
Other lenders have also scaled back, with Goldman Sachs gaining approval earlier this year to sell its business in Russia[NEW YORK] Citigroup said that it expects to post a...
SoftBank to buy DigitalBridge in US billion deal to bolster AI infrastructure push
SoftBank to buy DigitalBridge in US$4 billion deal to bolster AI infrastructure push
The investment firm funds digital infrastructure sectors such as data centres, cell towers, fibre networks and others[BENGALURU] SoftBank will acquire digital infrastructure investor DigitalBridge in a deal valued at...
India claims US billion from Reliance Industries, BP for underproduction from gas field: sources
India claims US$30 billion from Reliance Industries, BP for underproduction from gas field: sources
A tribunal has been hearing the dispute in India since 2016 over gas produced from two deepwater fields[NEW DELHI] India is seeking over US$30 billion in compensation from Reliance...
BOJ cuts monthly bond purchase amount by 400 billion yen
BOJ cuts monthly bond purchase amount by 400 billion yen
[TOKYO] The Bank of Japan on Friday (Dec 26) announced a 400 billion yen (S$3.28 billion) reduction in its monthly bond purchases, continuing its gradual retreat from the market...
Vietnam’s Vingroup to withdraw bid for US billion North-South high-speed railway
Vietnam’s Vingroup to withdraw bid for US$67 billion North-South high-speed railway
The government has said the winner of the North-South railway will be announced in January[HANOI] Vietnam’s largest conglomerate, Vingroup, said on Thursday (Dec 25) that it would withdraw its...
LG Energy Solution unit to sell US.86 billion US factory assets to Honda
LG Energy Solution unit to sell US$2.86 billion US factory assets to Honda
This excludes land and equipment, and is meant to ‘improve joint venture operational efficiency’[SEOUL] South Korea’s LG Energy Solution (LGES) said on Wednesday (Dec 24) that its unit is...