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China’s top stock of 2024 eyes boost from AI self-reliance
CHINA’S top-performing stock of 2024 is expected to see additional tailwinds into next year from the nation’s drive for greater self-sufficiency in artificial intelligence (AI).Shares of AI chip designer...
Europe: Shares close out holiday-affected week higher on finance, healthcare boost
EUROPE’S Stoxx 600 index clocked its first weekly advance in three on Friday (Dec 27), boosted by advancing healthcare and financial shares, capping off a holiday-shortened week.The pan-European benchmark...
Indonesia weighs deep cuts to nickel mining to boost prices
INDONESIA is considering deep cuts to nickel mining quotas as it seeks to boost slumping prices of the battery metal, according to sources familiar with the matter.The Energy and...
Japan brokerages boost pay, perks for retirement-age staff
JAPAN’S biggest securities firms are raising pay and benefits for workers who reach retirement age, highlighting the urgency to retain talent in one of the world’s fastest-ageing countries.Workers who...
Blackstone keen to boost Nippon Life ties after Resolution deal
BLACKSTONE signalled that it’s eager to strengthen its relationship with Nippon Life Insurance following the Japanese firm’s US$8.2 billion purchase of Resolution Life Group Holdings. Nippon announced on Wednesday...
IFC, HSBC inks US$1 billion risk-sharing facility to boost trade financing in emerging markets
The two will equally share the risk on a portfolio of trade-related assets held by emerging-market banks in 20 countriesTHE International Finance Corporation (IFC), the World Bank’s private finance...
IFC, HSBC ink US$1 billion risk-sharing facility to boost trade financing in emerging markets
The two will equally share the risk on a portfolio of trade-related assets held by emerging-market banks in 20 countriesTHE International Finance Corporation (IFC), the World Bank’s private finance...
Europe’s loan bankers pin hopes on M&A revival to boost volumes
REFINANCINGS helped bolster European loan volumes in 2024 but with mergers and acquisitions looking like they’re finally picking up, bankers believe the tide is finally turning for bridge financings....
