Business
Granite Asia, PE firm form US$100 million JV targeting Japan expansion opportunities
For companies aiming to enter the Japanese market, the JV will help them navigate the country’s regulatory landscape and business…
Tag
expansion
Business
Hong Kong lures investment firms Ardian, Arga seeking expansion
Two investment firms are setting up offices in Hong Kong to attract money from the region, the latest sign of renewed financial activity…
Business
Marcolin Sees Profitability Growth in 2024 Amid Stable Sales and Strategic Brand Expansion
MILAN — Eyewear firm Marcolin closed 2024 on solid ground, with improved profitability and growth in the key Europe, Middle East and…
Business
Xiaomi raises US$5.5 billion in share sale for business expansion
China’s Xiaomi Corp said on Tuesday it had raised US$5.5 billion in an upsized share sale that will help fund the acceleration of its…
Business
Meituan’s revenue jumps 20% in a boost for global expansion
Meituan’s quarterly revenue climbed 20 per cent, suggesting the Chinese meal delivery leader is successfully fending off new domestic…
Business
EXCLUSIVE: Studs Continues Retail Expansion With 10 New Stores
Studs is continuing its rapid retail growth with 10 stores opening this year. The five-year-old ear-piercing studio is opening a fleet of…
Celebrity
EXCLUSIVE: Beyoncé Knowles-Carter Marks Cécred’s First Year in Business With First Retail Expansion
Beyoncé Knowles-Carter isn’t letting her upcoming tour slow down her beauty business. One year after the multihyphenate launched her big…
Business
Bezos’ rocket firm bracing for job cuts after years of expansion
Blue Origin is bracing for a large reduction in its workforce, sources familiar with the matter said, in a sign the Jeff Bezos-backed…
Business
Pimco seeks to grow 60/40 fund to US$2 billion on Asia expansion
Pimco has been expanding its distribution in Asia, as it lures more investors seeking to tap investment strategies of global funds PACIFIC…
Business
Sweden’s Drm-Ldn Kick-starts Global Expansion With London Opening
Drm-Ldn, a playful Scandinavian accessories brand targeting the Gen Alpha and Gen Z audience, has opened its first international outpost…
Business
Nvidia supplier Ibiden weighs faster expansion to meet AI demand
IBIDEN, the dominant supplier of chip package substrates used in Nvidia’s cutting-edge semiconductors, may need to dial up the pace of…
Culture
China’s BYD to focus on plug-in hybrid cars in European expansion
HYBRID technology will be key for the European expansion of Chinese EV giant BYD amid soft demand for fully-electric vehicles, the special…
Business
Singapore, Hong Kong to make up half of StanChart’s affluent business in ‘ambitious’ expansion plans
It is targeting US$200 billion in new assets and double-digit income growth in its wealth business over the next five years SINGAPORE and…
Business
Bain-backed Chindata seeks a US$2.8 billion loan for refinancing and expansion in Malaysia
Chindata’s planned loan highlights data centres’ financing needs for AI service demand in the region Bain Capital-owned data centre…
Business
Chinese broker Futu cuts 5% of staff as global expansion slows
CHINA’S online brokerage Futu Holdings is reducing its headcount by about 5 per cent as it reassesses the firm’s strategy to expand…
Business
Attika Group eyes expansion into Malaysia, manufacturing sector after IPO
Offering proceeds to be used towards expanding into new markets, capacity building, enhancing technology adoption and diversifying into…
Business
Vietnam tech champion accelerates AI push with Japan expansion
VIETNAM’S software and telecommunications champion FPT plans to open an artificial intelligence (AI) data centre in Japan next year,…
Business
BNP cuts 10% of China dealmaker jobs after 2022 expansion
BNP Paribas made its first round of layoffs in China investment banking since an expansion two years ago, cutting about 10 jobs amid a…
News
Social Security update: Republicans reverse course on expansion bill
Republicans have backtracked after killing a bill that would have expanded Social Security benefits for millions of seniors. Last week,…
Business
Singapore's DBS eyes Malaysian bank stakes in expansion push, sources say
SINGAPORE’S biggest lender DBS is exploring expanding into Malaysia with potential acquisitions of stakes in banks in its Southeast Asian…
Business
DBS eyes Malaysian bank stakes in expansion push: sources
SINGAPORE’S biggest lender DBS is exploring expanding into Malaysia with potential acquisitions of stakes in banks in its Southeast Asian…
Business
Apple to invest up to US$1.5 billion in Globalstar for satellite coverage expansion
APPLE will invest up to US$1.5 billion in Globalstar to fund the expansion of its iPhone communication services, the satellite provider…