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There were 56 deals in 2024, up from 49 a year ago, though funding raised dipped from US$402 million to US$371 million Singapore’s early stage emerging-technology startups saw a 14 per…
President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer Intel in a deal that was completed just a couple of weeks after…
US Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip manufacturers that receive Chips Act funding to build factories in the…
Wall Street’s largest hedge funds, Bridgewater Associates, Tiger Global Management and Discovery Capital, increased their exposure to Big Tech in the second quarter amid a generational…
Hedge funds cut their bullish stance on US oil to the lowest since mid-April as rising US crude inventories and Organization of the Petroleum Exporting Countries+ (Opec+’s)…
Keppel has secured S$6.3 billion in funds under management so far this year for its private fund strategies, including education assets and data centres, the global asset manager…
US hedge fund giant Citadel and Singapore’s Dymon Asia Capital are adding talent in Asia, as they look to expand business in the region. Citadel hired Ran Wei from Sylebra Capital as a…
THE US dollar’s bounceback in July is convincing some emerging market investors to bet that it will keep rising in coming months. T Rowe Price Group says it now favours US…
Starting next week, the maximum percentage of shares that can be allocated to retail investors will be lowered to 35%, down from 50% currently Hong Kong will let big funds secure a…
FireAid has hired a law firm, Latham & Watkins, to review the dispersal of roughly $100 million in funds that were raised in conjunction with a massive benefit concert earlier this year,…
Investment management firm New Silk Road announced earlier in July that it will be closing its doors after a 16-year run in Asia. Based in Singapore, it is one of the longest-running hedge…
The company says the transfers do not have material impact on its financial position Advanced Systems Automations (ASA) on Thursday (Jul 24) said that its former chief executive Seah Chong…
[ One of Singapore’s longest-running hedge funds, New Silk Road Investment, is shutting down after weak returns and a pullback by US investors in Asia led to a sharp drop in assets. The…
China’s largest venture capital houses are tapping the market for at least US$2 billion in new funds, re-engaging with the country’s startups in a signal of renewed global investor…
Chinese quantitative hedge funds are stepping up efforts to hire science and engineering students in the US affected by US President Donald Trump’s university funding cuts and tighter visa…
The Hong Kong Jockey Club is divesting as much as US$1 billion in funds held with Blackstone and other buyout firms, offloading US assets amid escalating trade tensions that have…
The sprawling tax and policy bill that passed Congress repeals a multibillion-dollar green bank for financing climate-friendly projects, and the Trump administration should be allowed to…
The announcement comes after the cinema chain received a S$3.4 million payment demand from the landlord of its shuttered Jem outlet Media company mm2 Asia, which operates the Cathay…
Garuda will receive about US$111 million of the funding, with the remainder going to Citilink for maintenance of about 15 grounded jets Indonesian sovereign wealth fund Danantara…
The Trump administration has launched a study of the long-term health consequences for residents of East Palestine, Ohio, from a train derailment that spilled toxic chemicals in 2023.…
Fidelity International is poised to offer products that attract mainland investors chasing higher returns from overseas funds, according to sources familiar with the matter. The global…
Senate Republicans aim to keep state and local governments from regulating artificial intelligence for the next decade as part of President Trump's One Big Beautiful Bill Act -- but with a…
Indonesia’s financial markets have bounced back after a torrid few months, sparking a debate on whether the rally can last. RBC BlueBay says any inflows into Indonesian bonds will remain…
As the Trump administration funnels money into fossil fuels and the country largely retreats on climate efforts, New York City is trying to ensure its pension funds take the climate into…
