Leadership
Qatar Investment Authority joins consortium to take HK-listed ESR Group private
HONG Kong-listed real estate fund manager ESR Group said on Friday (Oct 4) Qatar Holding has joined a consortium of investors proposing to take the company private under an...
Tencent, Guillemot family are said to consider buyout of Ubisoft
TENCENT Holdings and Ubisoft Entertainment’s founding Guillemot family are considering options including a potential buyout of the French video game developer after it lost more than half its market...
Meta, challenging OpenAI, announces new AI model that can generate video with sound
FACEBOOK owner Meta announced on Friday (Oct 4) it had built a new AI model called Movie Gen that can create realistic-seeming video and audio clips in response to...
Cognac producers lament European Union EV tariff vote, raise retaliation concerns
They insist negotiations continue for a solution that will prevent the spirit from facing a surtax FRENCH cognac producers accused their government of abandoning them, after the European Union...
Singapore stocks end higher ahead of US jobs report; STI up 0.3%
SINGAPORE shares closed Friday (Oct 4) in the black, ahead of the US jobs data for September. The benchmark Straits Times Index (STI) climbed 0.3 per cent or 11.7...
HSBC plans risk transfer linked to 2 billion euros of corporate loans
HSBC Holdings plans to issue a significant risk transfer (SRT) linked to a portfolio of about 2 billion euros (S$2.9 billion) of corporate loans, according to people familiar with...
ECB’s chief supervisor presses for cross-border mergers
THE European Central Bank’s chief supervisor pressed her case for cross-border bank mergers on Friday (Oct 4) as Italy’s UniCredit considered a bid for Germany’s Commerzbank after taking a...
Asia currencies set for worst week in year as Fed cut bets pared
ASIAN currencies are set for their worst week in more than a year as traders pare bets on aggressive US Federal Reserve interest-rate cuts.A Bloomberg gauge of Asian currencies...
