Apollo looks to bring private capital to growth tech firms
The alternative asset manager has also been tapping into the startup economy more through its partnership with Cadma Capital Apollo Global Management is partnering with venture capital…
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Singapore receives interest from Malaysian firms to export renewable energy through second interconnector
For the city-state to achieve its net-zero carbon emissions target by 2050, the Asean Power Grid’s success is crucial Singapore’s energy regulator has received considerable interest from…
Gold firms ahead of US inflation data, but heads for weekly fall
Investors have nearly fully priced in a 25-basis-point rate cut at the US Federal Reserve’s meeting next week. Gold prices rose on Friday (Oct 24), supported by lingering geopolitical…
Oil surges 5% after US sanctions Russian firms Rosneft, Lukoil
Oil prices surged around 5 per cent to a two-week high on Thursday after the US imposed sanctions on major Russian suppliers Rosneft and Lukoil over Moscow’s war in Ukraine, prompting…
Gold eases as dollar firms, focus on US inflation data
Investors have nearly fully priced in a 25-basis-point rate cut at the US Federal Reserve’s meeting next week Gold prices edged lower on Thursday (Oct 23), weighed down by an uptick in the…
Chinese firms speed up US dollar selling amid optimism towards renminbi
The clients include exporters, importers and some investors in overseas financial assets Chinese banks helped clients offload overseas currencies at the fastest pace since 2020 last month,…
Dublin office woes hit private equity firms from Blackstone to Brookfield
The city’s vacancy rate has doubled in the last six years, exceeding the 10% reached in Paris and 8% in London and Lisbon A PARTIALLY empty, five-story building close to the old Guinness…
Auditor for Dasmond Koh’s NoonTalk Media flags firm’s ability to continue as a going concern amid losses
The group incurs a net loss of nearly S$1.8 million and has net liabilities of S$396,000 The independent auditor for Catalist-listed NoonTalk Media has raised doubts about the group’s…
Chinese firms face shifting global IPO landscape
Nasdaq proposes raising minimum public float and fundraising requirements; is enforcing faster suspension and delisting procedures for companies that fail to meet ongoing standards CHINESE…
AI jobs shock is coming and firms aren’t ready: Klarna CEO
The CEO sees the AI boom spelling the end to what he calls “excess profits” in both the banking and software industries From technology firms to translators, the world has not faced up to…
US hits firms moving Iranian oil and major China crude terminal
The latest designations by the Treasury Department mark the latest effort by Washington to target the Beijing-Tehran energy trade The US sanctioned more than 50 individuals, firms and…
OpenAI Sneezes, and Software Firms Catch a Cold
Allan Thygesen, the CEO of Docusign, was not particularly concerned when he saw the news last week that OpenAI had created an internal tool called DocuGPT. He might have preferred that…
Cboe gets nod to list firms in Australia in threat to ASX
With the approval, companies will be able to list on an exchange run by the US firm in the country Cboe Global Markets received regulatory approval to conduct stock listings in Australia,…
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 Investors, including private equity and venture capital firms, should…
Financial firms to feel outsized impact from Trump’s H-1B overhaul
The Trump administration’s overhaul of the H-1B system could have an outsized impact on the finance industry, which could face hiring challenges following the imposition of the new…
KKR holds first Asia board meeting in Tokyo, as Japan leads firm’s regional growth
New York-headquartered KKR is holding its first board meeting in Asia this week in Tokyo, a spokesperson for the firm said on Tuesday (Sep 23), underscoring how important Japan has become…
High Court rejects Hin Leong-linked firm’s bid to halt payout of ship sale proceeds
The collapsed oil trading giant’s shipping subsidiary fails in its second attempt to halt distribution from vessel sales to rival claimants The High Court has rejected an attempt by a…
Two China firms launch autonomous shuttle services in Singapore
Two Chinese companies said on Saturday (Sep 20) that they will partner local firms to launch autonomous vehicle shuttle services in Singapore, as the city-state expands into autonomous…
Trump inks tech deal with Britain and major firms to shore up trans-Atlantic ties
President Trump inked a technology pact with British Prime Minister Keir Starmer on Thursday that boosts joint efforts in artificial intelligence, ushering the countries' "special…
Nvidia’s new RTX6000D chip for China finds little favour with major firms: sources
[BEIJING/SHANGHAI] Nvidia’s RTX6000D, its newest artificial intelligence (AI) chip tailored for the Chinese market, has seen only lukewarm demand with some major tech firms opting not to…
Hong Kong equity deals boom as Chinese firms rush to market
Initial public offerings, secondary share sales and equity-linked transactions are all poised for a boom period Hong Kong bankers have ended the summer lull with a bang, closing billions…
AI talent war pushes US firms to Asia’s outsourced coders
From Mumbai to Manila, firms have emerged to aid in a wide range of projects, from simple product development to becoming de facto in-house engineering teams HIRING an artificial…
Peak number of private equity firms seen running zombie risk
A RECORD number of private equity firms will turn into so-called zombie funds this year, as they struggle to reel in new investor cash, according to Ian Charles, co-founder and managing…
India tweaks IPO rules to allow easier listing for big firms
India’s securities market regulator on Friday (Sep 12) made it easier for very large private companies to go public in one of the world’s top destinations for first-time share sales this…