Investment
Yangzijiang Financial aborts one billion yuan investment in Chinese lithium battery producer
Subsidiary Jiangsu New Yangzi Commerce & Trading and two strategic investors fail to secure approval from Ningbo Shanshan’s creditors[SINGAPORE] Yangzijiang Financial said the plans to pump one billion yuan...
UOI 9-month comprehensive income rises 34.9% to S$40.6 million on investment gains
The improvement is mainly driven by marked-to-market gains on equity and fixed-income investments[SINGAPORE] United Overseas Insurance (UOI), the general insurance arm of UOB, reported a 34.9 per cent increase...
Stocks to watch: Keppel, CapitaLand Investment, Keppel Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Oct 17): Keppel : The global asset manager is set to revive construction...
Apple’s Tim Cook pledges more China investment despite Trump’s tariff threats
[BEIJING] Apple chief executive officer Tim Cook pledged to boost investment in China during a visit to the world’s second largest economy, despite threats from US President Donald Trump...
Salesforce to invest $15 billion in San Francisco to advance AI
Software giant Salesforce is planning to invest $15 billion in San Francisco over the next five years to strengthen the city’s dominance in artificial intelligence. “This $15 billion investment...
SoftBank’s Graphcore plans £1 billion chip investment in India
The US’ tensions with China have helped the country rise in prominence for global tech companies, but its AI infrastructure is still developing[LONDON] Graphcore, the British chip designer owned...
GIC’s chief investment officer warns of AI bubble risk
If artificial intelligence technology fails to meet the high expectations priced in by the market, it could result in a sudden loss of value [SINGAPORE] With artificial intelligence (AI)...
Global investment firm Arena Investors to shut Singapore office
[SINGAPORE] Global multi-strategy investment firm Arena Investors is shutting its Singapore office and seeking to reallocate resources elsewhere, according to sources familiar with the matter.The firm found that investments...
Singlife to roll out new investment solutions via Fullerton collaboration
The tie-up marries Singlife’s reach, as well as its insurance and investment platforms, with Fullerton’s proven investment expertise[SINGAPORE] Customers of homegrown financial-services company Singlife will soon have access to...
Khazanah’s chief investment officer urges investors to ‘co-parent’ Asian firms amid weak returns
He says public market investors can play a more active role, while private equity can acquire underperforming assets[SINGAPORE] Investors, including private equity and venture capital firms, should not be...