🇸🇬 Amazon enters US$3 trillion club as Wall Street opens higher on Middle East deal hopes
🇸🇬 Investors are preparing for another week packed with earnings and economic data Source: singapore-businesstimes Country: Singapore
Asia
Corporate earnings, M&A, IPOs, and business developments across Asian markets.
🇮🇳 Blackstone-backed Aadhar Housing sees no need to raise capital for four years; bets on smaller towns to sustain growth
🇮🇳 Rishi Anand, MD & CEO, said the lender’s increasing presence in talukas and district centres is expected to strengthen growth without compromising asset quality. Source: india-livemint Country: India
🇸🇬 Cold Storage launches On The Go convenience stores, to be rolled out to 58 Esso stations in S’pore
🇸🇬 The move marks the supermarket operator’s first foray into convenience retail here. Source: singapore-straitstimes Country: Singapore
🇮🇳 Toyota expected to post fifth straight profit drop, investors weigh Japan quake fallout
🇮🇳 TOYOTA-RESULTS/ (PREVIEW, PIX):PREVIEW-Toyota expected to post fifth straight profit drop, investors weigh Japan quake fallout Source: india-livemint Country: India
🇮🇳 Prysmian Is Said Near Takeover of US Electrical Maker Atkore
🇮🇳 Italy’s Prysmian is in advanced talks to acquire electrical manufacturing company Atkore Inc., people familiar with the matter said. Source: india-livemint Country: India
🇮🇳 Apple faces supply squeezes and slower growth ahead of historic leadership shift
🇮🇳 CEO Tim Cook says that he remains exceptionally optimistic regarding Apple’s long-term future Source: india-livemint Country: India
🇸🇬 ANZ, NAB among banks funding Blackstone’s HSBC book buy: Australian media
🇸🇬 At least A$30 billion in senior debt has been arranged through a residential mortgage-backed securitisation Source: singapore-businesstimes Country: Singapore
🇸🇬 ‘Can we paint the rocket pink?’: SpaceX investor questions go beyond Moon and Mars ahead of first results
🇸🇬 The firm will release its second-quarter financial and operational results on Aug 4 Source: singapore-businesstimes Country: Singapore
🇮🇳 Alibaba co-founder Joseph Tsai, wife Clara Wu Tsai to divorce after 30 years: Report
🇮🇳 Over the years, the couple’s spokesperson said, Joseph and Clara’s relationship evolved into more of a partnership — “one of running their businesses and raising their children together.” Source: india-livemint Country: India
🇸🇬 US Treasury intervenes to support yen after Japan steps in: Financial Times
🇸🇬 The reported action would be the US Treasury’s first direct support for the yen since 2011. Source: singapore-straitstimes Country: Singapore