Singapore-based Quadria’s 3rd healthcare fund closes at US$1.1 billion, above US$800 million target

Singapore-based Quadria’s 3rd healthcare fund closes at US.1 billion, above US0 million target

[SINGAPORE] Quadria Capital, a Singapore-based private equity (PE) firm, announced on Tuesday (May 27) the final close of its third healthcare fund at nearly US$1.1 billion. That is above the original target of US$800 million, said the healthcare-focused company, which manages more than US$4 billion across 27 investments in South and South-east Asia. Its investors…

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Trump Media to raise US$3 billion to spend on cryptocurrencies: report

Trump Media to raise US billion to spend on cryptocurrencies: report

The company behind Truth Social, a streaming and social media platform, has been exploring potential mergers and acquisitions as it aims to diversify into financial services Published Tue, May 27, 2025 · 06:49 AM [BENGALURU] US President Donald Trump’s social media firm, Trump Media & Technology Group, plans to raise about US$3 billion to spend…

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Oil steadies after Trump extends EU trade talks deadline

Oil steadies after Trump extends EU trade talks deadline

[CALGARY] Oil prices steadied on Monday after US President Donald Trump extended a deadline for trade talks with the European Union, easing concerns about US tariffs on the bloc that could hit fuel demand. Brent crude futures were down 17 cents at US$64.61 a barrel at 8:35 ET while US West Texas Intermediate crude was down…

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Kamala Harris takes swipe at Elon Musk and Trump admin: ‘Remember the 1930s’

Kamala Harris takes swipe at Elon Musk and Trump admin: ‘Remember the 1930s’

Former Vice President Kamala Harris took a swipe at billionaire Elon Musk and likened the Trump administration’s “America First” policy to 1930s-style isolationism, which many historians believe helped escalate World War II. During remarks at the 2025 Australian Real Estate Conference, held on the Gold Coast, the failed Democratic presidential candidate alluded to an interview…

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Iron ore stays relevant despite China’s faltering property sector as demand drivers evolve

Iron ore stays relevant despite China’s faltering property sector as demand drivers evolve

[SINGAPORE] Iron ore, the backbone of China’s steel-fueled boom for more than two decades, is facing a pivotal demand shift. The ferrous metal’s fortunes are now decoupling from the country’s property sector to hinge more on infrastructure projects and high-tech machinery demand, a shift reflecting broader economic trends in China, Tan Tee Yong, head of…

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Ukraine free to strike any Russian military facility after West lifts all range restrictions, Germany says

Ukraine free to strike any Russian military facility after West lifts all range restrictions, Germany says

The West has lifted all range restrictions on the weapons delivered to Ukraine, freeing the war-torn country to strike at any Russian military target across the border, German Chancellor Friedrich Merz said Monday. Following Moscow’s third-consecutive overnight aerial barrage against Ukraine, Merz called it necessary that the US, France, Germany and the UK allow Kyiv…

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