Conversion
Ringgit may gain most in South-east Asia on exporter conversion
[HONG KONG] Malaysia’s ringgit stands to gain the most among its South-east Asian peers if the nation’s exporters convert their overseas earnings to the local currency, thanks to the...
Seatrium bags floating storage regasification unit conversion contract from Norway’s Hoegh Evi
[SINGAPORE] Seatrium announced on Tuesday (May 13) that it won a floating storage regasification unit (FSRU) conversion contract from Norwegian floating energy infrastructure provider Hoegh Evi for an undisclosed...
OpenAI dials back conversion plan, nonprofit to retain control
OPENAI has dialled back a significant restructuring plan, with its nonprofit parent retaining control in a move that is likely to limit CEO Sam Altman’s power over the pioneering...
Some Chinese exporters hasten US dollar conversion amid trade war
[NEW YORK] Some Chinese exporters are speeding up the conversion of their US dollar income into yuan on bets the worst of the tariff-led loss in the local currency...
Some Chinese exporters hasten US dollar conversion amid trade war
[NEW YORK] Some Chinese exporters are speeding up the conversion of their US dollar income into yuan on bets the worst of the tariff-led loss in the local currency...
Stoneweg E-Reit manager unveils proposed conversion to stapled group
The move will enhance corporate structure and has potential to optimise tax efficiency and the holding structure of properties, its manager notes[SINGAPORE] The manager of Stoneweg European Reit (Stoneweg...
Elon Musk asks US court to block OpenAi’s for-profit conversion
Elon Musk has again asked a US court to stop ChatGPT-maker OpenAI from converting into a for-profit enterprise, CNBC reported on Saturday (Nov 30).Attorneys representing the billionaire and his...
US working ‘as fast as we can’ to finalise EV conversion grants: official
US ENERGY Secretary Jennifer Granholm said on Tuesday (Oct 22) the department is working “as fast as we can” to finalise US$1.7 billion in grants to fund the conversion...
