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PETALING JAYA: Petroliam Nasional Bhd (PETRONAS) has returned to the international US dollar bond market after four years, raising US$5bil through a three-tranche bond issuance, with proceeds earmarked for "general corporate purposes".
Petroliam Nasional Bhd (PETRONAS) has made a successful return to the international US dollar bond market after four years, raising US$5bil through a three-tranche bond issuance, with proceeds earmarked for "general corporate purposes".
MELBOURNE: Australia's Ramelius Resources will take over smaller peer Spartan Resources, valuing the miner at A$2.4bil (US$1.5bil) on a debt-free basis, as rising bullion prices drive a wave of consolidation in the sector.
HONG KONG: China data centre operator GDS Holdings Ltd is seeking a US$3.4bil-equivalent loan for its data centre operations in Malaysia, according to sources.
THE Saudi Arabia Public Investment Fund is nearing US$5bil in total investment in LIV Golf, according to financial documents.
KUALA LUMPUR: Pengerang Energy Complex Sdn Bhd (PEC) has negotiated financing terms for US$3.5bil in project financing from export credit agencies (ECAs) across North America, western and southern Europe, Asia and Islamic financing from Islamic Development Bank entities. In a joint statement yesterday, PEC said the capital secured will be channelled to implement a US$5.3bil latest-generation, low-carbon petrochemical facility.
Mobile games giant Scopely will pay US$3.5bil (RM15.5bil) to acquire Niantic's game unit including the studio behind Pokemon Go, the companies announced on Wednesday.
LONDON: Britain has published a green paper for the country\'s steel industry weeks ahead of schedule due to president Donald Trump\'s announcement of fresh tariffs on all steel imports into the United States, the Observer newspaper says.
KUALA LUMPUR: A financial fraud investigator told the High Court here that his investigation revealed that 1Malaysia Development Berhad (1MDB) had paid only US$2.2bil to Aabar Investments PJS Ltd, contrary to 1MDB's claim of US$3.5bil.
Beijing: Baidu Inc, the operator of China's leading search engine, is planning to offer about 10 billion yuan or about US$1.4bil of bonds offshore, people familiar with the matter say, adding to a string of recent debt financings by the nation's tech companies.
MELBOURNE: According to Australian gold miner Northern Star Resources, it will buy De Grey Mining in an all-share deal valuing the smaller miner at A$5bil (US$3.3bil) as high gold prices spur consolidation in the sector.
A new long-duration battery being rolled out in Australia can now compete with established technologies such as pumped hydro, according to investor Quinbrook Infrastructure Partners.
WASHINGTON: The United States is stalling the distribution of US$2.6bil in climate finance to South Africa, stoking concerns the money might be blocked outright, according to sources.
OpenAI rival Anthropic on Monday released what it said is its smartest artificial intelligence model to date, particularly when it comes to computer coding.
Tata Motors Ltd and Mahindra & Mahindra Ltd are closing in on Hyundai Motor Co’s No. 2 position in India, putting pressure on the South Korean automaker just as it prepares for a record US$3.5bil listing of its local unit.
KUALA LUMPUR: Bursa Malaysia closed higher on Tuesday as easing concerns over U.S. tariffs boosted investor interest, with the prospect of milder-than-expected tariffs renewing optimism.
KUALA LUMPUR: Pengerang Energy Complex Sdn Bhd (PEC) has negotiated financing terms for US$3.5 billion in project financing from export credit agencies (ECAs) across North America, western and southern Europe, Asia and Islamic financing from Islamic Development Bank entities.
A US bankruptcy judge has confirmed the debt restructuring plan of Sweden’s Intrum AB despite the opposition from a minority group of creditors, clearing a major obstacle for the debt collector.
Analog Devices Inc has increased its stock repurchase programme by US$10bil and has raised its dividend, moving to reward shareholders ahead of the chipmaker's quarterly report.
LONDON: Investors in HSBC are backing management attempts to shutter parts of its investment bank, even as US President Donald Trump's deregulatory agenda fuels hopes for a boom in capital markets activity.
