Why did Microsoft mandate office return for AI staff?
What caused Oracle's stock to surge 25% after earnings?
How did Poland shooting down drones escalate NATO tensions?
Why was Trump's firing of Fed Governor Lisa Cook blocked?
What impact will Trump’s proposed tariffs on China have?
Why is Klarna’s IPO priced above expectations?
How did GameStop post five consecutive profitable quarters?
Baidu issues dim sum bond amid tough competition
scmp.com/business/companies/article/3324866/baidu-us618-million-dim-sum-bond-will-bolster-ai-ambitions-amid-weak-results
Chinese search engine giant Baidu will issue a 4.4 billion yuan (US$618 million) dim sum bond aimed at securing lower financing costs and operational flexibility amid an aggressive artificial intelligence expansion.
The bond carries an annual coupon of 1.9 per cent and will mature in…
This story appeared on scmp.com, 2025-09-09 07:23:56.