News
Brookfield plans Singapore hires to tap Asia energy demand boom
The firm aims to bring in up to four people to focus on renewable-energy and low-carbon tech deals[SINGAPORE] Brookfield Asset Management plans to expand a team focused on deals...
India’s equity mutual fund inflows rebound in November on strong earnings, low inflation
[MUMBAI] Equity mutual fund inflows into the Indian stock market rebounded after three months in November, as improved corporate earnings, stable economic growth and benign inflation powered blue-chips to...
CLI closes second onshore sub-fund; targets 1.48 billion yuan in funds under management
It is under the CLI RMB Master Fund with CapitaMall Xinduxin, as the seed asset[SINGAPORE] Global real asset manager CapitaLand Investment (CLI) said on Thursday (Dec 11) that it closed its...
Bitcoin dips below US$90,000 as AI worries dent risk appetite
Fresh concerns about artificial intelligence profits weighed on technology stocks[SINGAPORE] Cryptocurrencies tumbled on Thursday (Dec 11) and bitcoin fell briefly below the US$90,000 threshold in a renewed signal of...
China’s ZTE may pay more than US$1 billion to the US over foreign bribery allegations: sources
ZTE said it is engaged in “ongoing communication” with the US Justice DepartmentCHINESE telecom equipment maker ZTE Corp may pay more than US$1 billion to the US government to...
Vietnam amends law to ban exports of raw rare earth minerals
Only companies with government approval will be permitted to exploit, process and use rare earths[HANOI] Vietnam’s parliament moved to ban exports of raw rare earth resources as part of...
Asian markets diverge post Fed cut, with analysts expecting short-term relief rally
Asia markets end mixed as the STI and KLCI gain, while Hang Seng, Nikkei and Kospi retreat[SINGAPORE] Markets will likely rally in the short term, after the US Federal...
Butter, milk and cheese prices slide as ‘stunning’ production floods global markets
[WELLINGTON] Butter, milk and cheese prices are falling as a surge in global milk production floods the market, prompting warnings of a looming period of weak prices.“Too much milk...
AI’s US$400 billion problem: Are chips getting old too fast?
Cloud computing giants assumed that their chips and servers would last about six yearsIN PURSUIT of the AI dream, the tech industry this year has plunked down about US$400...
Keppel Reit to acquire additional one-third stake in MBFC Tower 3
Unitholders entitled to 23 units for every 100 existing units at S$0.96 each; acquisition to affect DPU[SINGAPORE] Keppel Reit has agreed to acquire an additional one-third interest in Marina...
