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Amazon invests US$11 billion to expand cloud and logistics in Germany
June 19, 2024
German Chancellor Olaf Scholz praised the investment that would create more than 4,000 jobs this yearAmazon will invest US$10.75 billion as demand for its cloud services and retail goods...
Barclays’ UK corporate bank to cut costs by £100 million, expand lending
June 18, 2024
BARCLAYS will cut about £100 million (S$172 million) of annual costs from its UK corporate banking business by 2026, it said on Tuesday (Jun 18), under broader plans to...
BlackRock will expand offerings for overseas investors in Japan
June 11, 2024
BLACKROCK’S Japan unit plans to expand its offerings of investment options in the country for overseas clients.
In order to attract foreign funds, the company has increased the number...
China’s Sinograin to expand wheat stockpiles as global supplies fall
June 5, 2024
CHINA will expand its wheat stockpile by increasing buying from domestic producers as the world’s top producer and consumer of the staple grain looks to secure supply amid recent...
OCBC eyes rising investment flows as Greater China companies expand into Asean
June 5, 2024
MORE companies in Greater China (China, Hong Kong, Macau and Taiwan) are looking to set up shop in Asean – and OCBC is looking to capture these flows, said...
UBS, HSBC urge China to expand wealth links with Hong Kong
June 5, 2024
Hong Kong’s central bank chief and executives at UBS Group and HSBC called for the expansion of wealth links between the city and mainland China, months after a key...
Malaysia’s Ekuinas to expand into private credit with RM800 million allocation
May 28, 2024
MALAYSIAN government-linked private equity company Ekuiti Nasional (Ekuinas) said on Tuesday (May 28) it aimed to expand its investment activity into private credit with an allocation of RM800 million...
Goldman Sachs hires from rivals to expand in mid-market deals
May 15, 2024
GOLDMAN Sachs told Reuters it has hired two investment bankers from rival banks as part of a push to advise on more smaller deals worth up to US$2 billion.
The...