Amazon shares slide as US$200 billion outlay fans fears over AI returns
Big tech’s massive AI spending hike surprises analysts, raising doubts over whether returns can keep pace Amazon.com shares slid 9 per cent on Friday (Feb 6) after the company…
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China Taiping Insurance shares hit by over US$200 million exposure to Hong Kong fire
Shares of China Taiping Insurance Holdings fell as much as 8 per cent on Thursday (Nov 27) on concerns about its coverage exposure of more than US$200 million to a Hong Kong apartment…
Heir to Malaysian fortune seeks US$200 million for private markets
Iris Capital Partners, an investment firm backed by the heir to a Malaysian fortune, is seeking to raise US$200 million from institutional investors, the latest family wealth vehicle to…
Meta poached Apple’s AI engineer Pang with pay package over US$200 million: sources
Meta Platforms has made unusually high compensation offers to new members of its “superintelligence” team – including a more than US$200 million package for a former Apple distinguished…
Tariffs could deal US$200 million blow to Guinness-owner Diageo in second half
GUINNESS-owner Diageo estimates its operating profit could be dented by roughly US$200 million if US tariffs on Mexico and Canada are implemented in March, its finance chief Nik Jhangiani…
Standard Chartered targets US$200 billion in new wealth assets over next five years
STANDARD Chartered will target US$200 billion in new assets and double digit growth in income from its wealth business over the next five years, it said on Tuesday (Dec 3), as part of a…
Azalea’s Altrium funds close at over US$200 million each
Both funds have attracted investors that include institutions, private banks, family offices, external asset managers and high-net-worth individuals AZALEA Investment Management has…