Ayala’s ACEN Earmarks $1.3 Billion In Capital Expenditures This Year To Support Asia-Pacific Expansion Plans

The wind mills in the northern Philippine province of Ilocos Norte are among the renewable energy … [+] assets owned and operated by Ayala Corp’s ACEN. JOEL NITO/AFP via Getty Images ACEN—...

MakerDAO Earmarks $5M For Legal Defense

MakerDAO governance has approved a new multi-million fund aimed at reimbursing certain individuals’ legal expenses. The Defense Fund, consisting of 5 million dai (DAI) — Maker’s US dollar-pegged stabl...

Senate Passes $1.7 Trillion Budget Bill–Here Are Some Of The Most Notable Items, Including Money For Sanctuary Cities And $15 Billion In Earmarks

Topline Senators passed a fiscal year 2023 budget Thursday that would fund the government until September 30 of next year through a sprawling piece of legislation, known as the “omnibus bill,” packed ...

Chamath Palihapitiya Earmarks $3B for New Fund That’s Scant on Crypto

The anticipated $3 billion fundraise comes after the venture capitalist’s firm, Social Capital, has been largely closed to outside investors for about four years Up to 70% of the new vehicle’s capital...

Operator of UPbit Crypto Exchange Earmarks $400M to Invest in Web3 Startups

Dunamu, the operator of the South Korean crypto exchange UPbit, announced on July 12 that will inject around 500 billion won ($385 million) into 500 Web3 startups in the next five years. The release h...

Japanese car giant Honda targets EV expansion, earmarks billions for R&D

With several major economies looking to cut the number of diesel and gasoline vehicles on their roads, Honda and other carmakers are attempting to develop electrification strategies that will allow th...

SK Square Earmarks $1.6b to Invest in New Tech Including Blockchain

SK Square, the largest shareholder of South Korean chipmaker SK Hynix, is reportedly earmarking the sum of 2 trillion won ($1.63 billion) to invest in new technologies, including chips and blockchain....