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Finance & Markets

State Budget deficit managed within 3 percent cap: Finance Minister

Finance Minister Suahasil Nazara reaffirmed that the State Budget (APBN) deficit will be managed in accordance with Law ...

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Apollo weighs expanding SoftBank’s Vision Fund loan to $9bn

Apollo Global Management is in discussions with SoftBank Group over a potential increase in a loan backed by assets held in the Japanese conglomerate’s Vision Fund 2, as SoftBank seeks additional…

  • Apollo and SoftBank discussing loan expansion to $9 billion
  • Loan originally $5.4 billion, increased by $900 million last year
  • SoftBank's AI spending raises concerns about financing requirements

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