Going beyond pilots with composable and sovereign AI
The concept to production reality AI pilots almost always work, and that’s the problem. Proofs of concept (PoCs) are meant to validate feasibility, surface use cases, and build confidence…
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Sovereign
Sovereign wealth funds join clamour for private credit in EMs
A record wave of private credit deals across emerging markets (EMs) looks set to extend this year, with a host of institutional and sovereign wealth investors seeking to diversify their…
Fitch Ratings says Fed independence is key factor for US sovereign rating
Fitch Ratings said on Monday it views the Federal Reserve’s independence as a key supporting factor for its AA+ US sovereign rating. The credit rating agency will continue to monitor…
How Sovereign Wealth Funds Grease Trump’s Kleptocracy
Neither Dmitriev nor the RDIF has much of a reputation in the United States. As recently as October Treasury Secretary Scott Bessent dismissed Dmitriev as “a Russian propagandist.” A 2022…
Indonesian sovereign wealth fund Danantara hires 2 executives from Singapore’s GIC
Indonesian sovereign wealth fund Danantara has hired two former GIC investment professionals to lead its global private market coverage, according to sources familiar with the matter.…
Sovereign wealth funds, including Singapore’s GIC, drive biggest deals in US$3.5 trillion M&A year
Rainmakers at the top investment banks say they expect the flurry of takeovers to continue Deep-pocketed sovereign wealth funds are helping drive a resurgence in dealmaking that’s taken…
Indonesia sovereign wealth fund INA to trim exposure to infrastructure
Indonesia Investment Authority, one of the country’s two sovereign wealth funds, is looking to reduce its heavy reliance on infrastructure and diversify to real estate in the medium term.…
‘Sovereign AI’ Has Become a New Front in the US-China Tech War
OpenAI has announced a number of projects this year with foreign governments to help build out what it has called their “sovereign AI” systems. The company says the deals, some of which…
Corporate issuance poses headwinds for Malaysian sovereign bonds
Ringgit swaps are now pricing eight basis points of easing over the next six months, from as much as 20 basis points in mid-August Malaysia’s sovereign bonds are facing fresh headwinds…
Indonesia sovereign wealth fund INA targets data centres, AI in healthcare, renewables
The Indonesia Investment Authority (INA) is prioritising digital infrastructure, healthcare and renewables as the sovereign wealth fund seeks foreign partners and supports the nation’s…
Australia’s sovereign wealth fund tops A$252 billion, reduces US portfolio
Australia’s sovereign wealth fund, the Future Fund, said on Tuesday (Sep 9) that its valuation had reached A$252 billion (S$213.2 billion) as it pared back its US market exposure to boost…
Nick Offerman, Jacob Tremblay Crime Thriller ‘Sovereign’ Picked Up by Signature for U.K. (EXCLUSIVE)
“Sovereign,” the crime thriller starring Nick Offerman (“Parks & Recreation”) and Jacob Tremblay (“Room”), has been acquired by Signature Entertainment for the U.K. and Ireland. The film,…
Indonesia’s sovereign wealth funds Danantara loans US$405 million to flag carrier Garuda
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…
Indonesia’s sovereign wealth fund Danantara loans US$405 million to flag carrier Garuda
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…
Indonesia sovereign wealth fund interested in Grab-GoTo deal: Bloomberg
Indonesia’s sovereign wealth fund Danantara is considering a stake in the Grab acquisition of GoTo for US$7 billion, reported Bloomberg. The sovereign wealth fund is said to be in…
Radu Jude’s Berlin Winner ‘Kontinental ’25’ Lands U.K., Ireland Distribution Deal With Sovereign (EXCLUSIVE)
Sovereign has acquired U.K. and Ireland rights to “Kontinental ’25,” the latest film from Romanian auteur Radu Jude that won the Silver Berlin Bear for best screenplay at February’s Berlin…
Foreign banks sell record Indian sovereign debt as tensions rise
Foreign banks sold a record amount of Indian government bonds on Thursday (May 8), as a growing border conflict with Pakistan weighs on investor sentiment. They sold a net US$1.2 billion…
CATL’s Hong Kong listing draws interest from Qatar sovereign fund, KIA, Sinopec, Hillhouse
Qatar Investment Authority (QIA) and Sinopec are considering investing in Contemporary Amperex Technology Co Limited’s Hong Kong listing, one of the city’s biggest share sales in recent…
Chinese sovereign fund CIC to sell US$1 billion of US private equity investments: sources
Chinese sovereign investor China Investment Corporation (CIC) is selling about US$1 billion of its private equity (PE) investment portfolio in the secondary market, two sources with…
Qatar to invest US$2 billion in Indonesia sovereign wealth fund
Prabowo is on a five-nation tour of the Middle East, visiting the United Arab Emirates, Turkey, Egypt, Qatar and Jordan to boost bilateral ties with the region Indonesian…
Trump signs order to create a sovereign wealth fund that could buy TikTok
U.S. President Donald Trump signed an executive order on Monday ordering the creation of a sovereign wealth fund within the next year, saying it could potentially buy the short video app…
FashionValet founders charged after sovereign wealth fund loss
MALAYSIAN prosecutors charged the founders of a local online fashion retailer over the alleged misuse of funds invested in their company by two government-linked firms. Local influencers…
ADB increases climate finance after US, Japan give world’s first sovereign guarantees
THE Asian Development Bank (ADB) will increase its climate-related lending by up to US$7.2 billion after the United States and Japan agreed to underwrite risk for some existing loans, an…
Malaysia orders sovereign fund audit on loss-making venture
Malaysian Prime Minister Anwar Ibrahim ordered sovereign wealth fund Khazanah Nasional Berhad to carry out an internal audit to investigate issues related to a loss-making investment in a…