SoftBank raises $11.1 billion in world's biggest high-yield corporate bond sale

GMA Network - Sep 24, 2026

SoftBank Group has raised $11.1 billion in dollar- and euro-denominated bonds in the largest high-yield corporate bond sale globally on record as it seeks to fund its mammoth bet on OpenAI.

Read full article

More News

ChinaAMC launches 3 Hong Kong ETFs as demand for targeted strategies grows

Sep 24, 2026

ChinaAMC launches 3 Hong Kong ETFs as demand for targeted strategies grows

China Asset Management (Hong Kong), the offshore arm of one of mainland China’s largest asset managers, launched three exchange-traded funds (ETFs) in the city on Thursday, expanding its product line-up as investors seek more diversified strategies amid market volatility and a broader boom in the ETF market. The three products – a Hong Kong high-dividend ETF, a Hong Kong growth ETF and a Hong Kong-US “Halo” ETF – are scheduled to list on the Hong Kong stock exchange on September 30, with trading...

GCash IPO secures commitments from global, local investors

Sep 24, 2026

GCash IPO secures commitments from global, local investors

The planned initial public offering (IPO) of Mynt Inc., the parent company of GCash, has secured commitments from more than 20 global and domestic institutional investors.

High office vacancy rates spur bid to rezone Kowloon East site for residential development

Sep 24, 2026

High office vacancy rates spur bid to rezone Kowloon East site for residential development

With office vacancy rates in Kowloon East remaining high, the Planning Department has indicated it has “no objection” to a request by some developers for a commercial project in the area to be rezoned for residential development. A consortium comprising CSI Properties, Asia Standard International and Chongqing-born property tycoon Cheung Chung-kiu has submitted an application to the Town Planning Board to rezone Harbourside HQ – a grade A office building at 8 Lam Chak Street, Kowloon Bay, which...

Tencent rolls out payment app for foreign travellers ahead of Apec summit

Sep 24, 2026

Tencent rolls out payment app for foreign travellers ahead of Apec summit

Tencent Holdings on Thursday launched TenPayGo, a mobile payment app targeting foreign visitors, as the tech giant seeks to capture China’s growing inbound tourism market ahead of the Asia-Pacific Economic Cooperation (Apec) summit in Shenzhen. Developed by Tencent’s WeChat Pay team, TenPayGo allowed international travellers to make payments at tens of millions of shops, restaurants and attractions across the WeChat Pay network by linking their credit cards or their home-country digital wallets...

Toyota Motor Philippines named regional training hub for Asian affiliates

Sep 24, 2026

Toyota Motor Philippines named regional training hub for Asian affiliates

Toyota Motor Philippines Corporation (TMP) has reinforced its strategic position in the regional automotive landscape after being designated by Toyota Motor Asia (TMA) as the official regional training hub for Body, Paint, and Estimation (BPE) instructors across Asian affiliates.

BSP launches Peñafrancia Festival commemorative coin

Sep 24, 2026

BSP launches Peñafrancia Festival commemorative coin

The commemorative coin for the Peñafrancia Festival is now available online, the Bangko Sentral ng Pilipinas (BSP) announced on Thursday.

Razon's Bohol Light, MORE Power franchises secure Senate nod

Sep 24, 2026

Razon's Bohol Light, MORE Power franchises secure Senate nod

Razon-led Primelectric Holdings Inc."s Bohol Light Company Inc. and More Electric and Power Corp. (MORE Power) have secured separate Senate nods for its congressional franchises.

Morgan Stanley ‘fat finger’ leak of confidential deal pipeline sets off alarm bells

Sep 24, 2026

Morgan Stanley ‘fat finger’ leak of confidential deal pipeline sets off alarm bells

The inadvertent disclosure of confidential information by a Morgan Stanley employee this week alarmed Hong Kong’s banking industry, listed issuers and regulators, according to several sources familiar with the matter. An email sent by the Hong Kong-based employee on Tuesday afternoon included an attached file with details on more than 100 deals in the pipeline, including initial public offerings (IPOs), private equity arrangements, pension fund positions and other projects in Greater China,...

Millet eyed as corn feed substitute to lower production cost for livestock

Sep 24, 2026

Millet eyed as corn feed substitute to lower production cost for livestock

Millet is being eyed as a substitute to corn feed for animals to lower livestock production cost, the Department of Agriculture (DA) said.

1,700% share surge for Chinese state-owned compressor maker exposes risks of new listings

Sep 24, 2026

1,700% share surge for Chinese state-owned compressor maker exposes risks of new listings

A more than 1,700 per cent share-price surge by a new listing on the Shanghai Stock Exchange last week put a spotlight on a state-owned industrial compressor manufacturer, leading the bourse operator to intervene to curb speculative trading. ShenGu Group, a maker of centrifugal compressors in northeast China’s Liaoning province, grabbed headlines when its stock soared 1,216 per cent from its offer price two days after it began trading on September 17, with an intraday high on the second day of...

Thailand is taking the lead in discussions to boost investment between ASEAN and Hong Kong

Sep 24, 2026

Thailand is taking the lead in discussions to boost investment between ASEAN and Hong Kong

Thailand has announced the successful conclusion of negotiations for the ASEAN–Hong Kong Investment Agreement. This agreement will boost market access, create new investment opportunities in key industries, and strengthen business relations.

China has scrapped two-thirds of its planned coal power plants abroad: report

Sep 24, 2026

China has scrapped two-thirds of its planned coal power plants abroad: report

Five years after China pledged to stop building or financing new coal-fired power plants overseas, the country’s state sector has made “significant progress” towards meeting that goal, though private projects are still being developed, according to a new report. Two-thirds of China’s overseas coal power projects planned five years ago have since been cancelled, a 61.5-gigawatt (GW) cut in capacity that has saved 6.4 billion tonnes of “lifetime” carbon dioxide emissions, the study by a pair of...

Recommended