Companies & Markets

Olam Group says unit secures US$1.12 billion dual currency loan

Ofi was created in early 2020 following a re-organisation of Olam

The Nikkei and many Asian markets declined on Wednesday morning.

Asian stocks in retreat as traders eye Fed decision, tech earnings

Investors are also keenly awaiting earnings from Oracle and Broadcom

Asia’s fleet of 2,000 coal plants is also decades younger than that of Europe and the US, and retiring it early requires financial support to end power-purchase agreements.

Tactics to dump coal are failing in Asia as energy demand booms

The region has struggled to wean itself off a fossil fuel that remains a cost-competitive source of stable power thanks to its abundance

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The fast-expanding aviation industry has been hailed by Prime Minister Narendra Modi as a symbol of India’s growing economy and middle class.

IndiGo crisis shows perils of India’s corporate dominance

The domination of the country’s two airlines is a far cry from a decade ago, when more than nine players shared the market

Eddie Ong, deputy CIO and head of private investments at SeaTown, is confident the investment manager will achieve its fundraising milestones heading into the final close of PCF III.

Temasek-owned SeaTown raises about US$900 million as of second close of third private credit fund

This comes four months after its first close of over US$612 million back in August

While Trump pledged Nvidia’s top products would remain off bounds, the move gives China access to semiconductors at least a generation ahead of its best technology.

Trump’s Nvidia deal reshapes US’s China strategy, risks supercharging Xi’s AI push

The Asian nation has challenged America’s chip curbs this year with its own export controls on rare earths

Gategroup, the former airline catering business of Swiss Air, is co-owned by Temasek Holdings and RRJ Capital.

World’s largest airline caterer Gategroup, co-owned by Temasek, said to be prepping for IPO

THE world’s biggest in-flight caterer Gategroup Holding AG is preparing for an initial public offering as soon as the second half of next year, people familiar with the matter said.

RBNZ governor Anna Breman said the central bank "would maintain a laser focus on (its) core mandate" of low and stable inflation.

New Zealand central bank says policy path not preset, guided by inflation outlook

[WELLINGTON] New Zealand’s top central banker said on Wednesday that there was no preset course for monetary policy and that adjustments would be made if the outlook for inflation changed.