Chandra Asri gets US$250 million loan to fund equity in Esso deal

Chandra Asri gets US0 million loan to fund equity in Esso deal

The financing underscores how private credit funds and traditional lenders increasingly operate side-by-side in mergers and acquisitions in Asia-Pacific Published Tue, Jan 27, 2026 · 11:11 AM [SINGAPORE] Indonesian energy and chemicals firm Chandra Asri Pacific has secured a US$250 million loan to back its purchase of Esso-branded service stations in Singapore from ExxonMobil, according…

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Shipbuilder Nam Cheong rises 9.3% on US$19.8 million vessel sale

Shipbuilder Nam Cheong rises 9.3% on US.8 million vessel sale

The 11-year-old, 3,000 deadweight tonnage vessel was sold to an Indonesian customer [SINGAPORE] Shares of Nam Cheong rose S$0.10 or 9.3 per cent in intraday trading to hit S$1.18 at 10.13 am on Tuesday (Jan 27), a day after the offshore marine group announced the sale of a platform support vessel for US$19.8 million. The…

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Stanford settles with family of soccer star Katie Meyer in wrongful death suit after her tragic suicide

Stanford settles with family of soccer star Katie Meyer in wrongful death suit after her tragic suicide

Stanford University has reached a settlement with the parents of soccer star Katie Meyer after years of court battles over the 22-year-old goalie’s tragic suicide, which the family believes the school caused with threats of punishment for offenses she didn’t commit, the family said. While the financial terms are being kept under lock and key,…

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US dollar still reigns, but businesses and investors ramp up currency diversification: StanChart

US dollar still reigns, but businesses and investors ramp up currency diversification: StanChart

Amid the USD uncertainty, discussions are resurfacing over the prospects of RMB internationalisation [SINGAPORE] The US dollar still dominates global trade, but the use of the Chinese renminbi (RMB) has gained strong momentum across Asean, with the trend expected to continue.  “We do not see other currencies challenging the USD’s dominant role in the near…

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ICE tensions could be thawing in Minn. after Trump sends in border czar Tom Homan, sidelines Kristi Noem and Border Patrol chief

ICE tensions could be thawing in Minn. after Trump sends in border czar Tom Homan, sidelines Kristi Noem and Border Patrol chief

The ICE tensions in Minnesota could finally be thawing — after President Trump sent his “border czar” to the state and ordered hard-charging Border Patrol commander Gregory Bovino home — in an apparent move to freeze out Homeland Security Secretary Kristi Noem.  The major shift — which came hours after Trump had “very good” calls…

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VinFast teams up with Autobrains to develop low-cost self-driving tech

VinFast teams up with Autobrains to develop low-cost self-driving tech

Published Tue, Jan 27, 2026 · 09:01 AM [BENGALURU] VinFast has partnered with artificial intelligence (AI) firm Autobrains to develop advanced autonomous driving technology, including a low-cost “Robo-car” system, the companies said on Monday (Jan 26), potentially boosting the Vietnamese electric vehicle (EV) maker’s self-driving tech push. The deal could help the EV maker adopt…

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