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TotalEnergies wins 21-year deal to power Google data centres in Malaysia
The power supply contract is expected to take effect in the first quarter of next year[KUALA LUMPUR] France’s TotalEnergies said on Tuesday (Dec 16) it had signed a 21-year...
JPMorgan debuts first money market fund tokenised on Ethereum
MONY, open to qualified investors, allows them to earn a yield while holding the token on the blockchain[NEW YORK] JPMorgan Chase’s asset management arm is launching its first ever...
MUFG said to near deal for stake in India’s Shriram
[TOKYO] Mitsubishi UFJ Financial Group is nearing a deal to buy a minority stake in India’s Shriram Finance, according to people familiar with the matter, the latest foreign bank...
Private equity and venture capital face tougher fundraising in 2025, with uneven exit recovery: Preqin report
[SINGAPORE] Private equity (PE) and venture capital (VC) fundraising has remained tough in 2025, a report by data platform Preqin shows.About US$64.4 billion was raised for VC investments globally...
Thai baht is too strong, impacting economy, finance minister says
[BANGKOK] Thailand’s baht is too strong and affecting its export-driven economy, the country’s finance minister said on Monday (Dec 15), as the currency reached its highest level against the...
Soilbuild Construction proposes four-to-one stock split after 313% year-to-date rise
The company currently has an issued and paid-up share capital of S$107.9 million comprising 165.5 million shares[SINGAPORE] Construction and engineering company Soilbuild Construction on Monday (Dec 15) announced a...
Xpeng in negotiations partner with EPMB to start EV production in Malaysia
Chinese EV maker aims to make Malaysia a base for expansion across Asean’s right-hand-drive markets[SHANGHAI] Xpeng said on Friday (Dec 12) that it is in negotiations to partner EP...
Hong Kong, India fuel blockbuster year for Asia fundraising
Hong Kong’s share sales nearly quadruple to over US$73 billion via IPOs, placements and block trades[HONG KONG] Not long ago, Hong Kong’s share-sale market was a symbol of China’s...
Singapore insurers brace for 2026 as medical inflation climbs and IP rules tighten
Despite challenges, longer-term demographic and wealth trends remain supportive, observers say[SINGAPORE] Medical inflation is expected to remain one of the most pressing challenges for Singapore’s insurance sector in 2026,...
Spacex sets US$800 billion valuation, confirms 2026 IPO plans
The Musk-led company is targeting a valuation of about US$1.5 trillion for the entire company[TEXAS] SpaceX has authorised an insider share sale that values Elon Musk’s rocket and satellite...
