Fund
Daiwa Securities to buy Aozora Bank stake from activist fund
DAIWA Securities Group said it will increase its stake in Japan’s unprofitable Aozora Bank. The brokerage’s shares tumbled 4.6 per cent.
Daiwa will buy 9.1 per cent of the...
TSMC’s premium over SMIC shows challenges for China’s chip fund
THE share-price gap between Taiwan Semiconductor Manufacturing Company (TSMC) and China’s biggest chipmaker is near its widest in almost two decades, highlighting the difficulty Beijing faces in building up...
Standard Chartered sets up first global fund management entity in Singapore
STANDARD Chartered has incorporated its first variable capital company (VCC) in Singapore, the banking group announced on Monday (Jun 10).Its new global fund management entity, Standard Chartered Funds VCC...
Standard Chartered sets up first global fund management entity in Singapore
STANDARD Chartered has incorporated its first variable capital company (VCC) in Singapore, the banking group announced on Monday (Jun 10).Its new global fund management entity, Standard Chartered Funds VCC...
China’s US$2 trillion stock rally lures global fund holdouts despite risks
GLOBAL fund managers who’d been holding back on China are wading back in.The MSCI China Index has climbed 24 per cent from a January low, when worries over the...
China’s Space Pioneer raises 1.5 billion yuan to fund development of reusable rockets
BEIJING-BASED rocket developer Space Pioneer said on Thursday (Jun 6) that it had completed more than 1.5 billion yuan (S$280 million) round of fundraising that will go towards financing...
Cisco launches US$1 billion AI fund and makes first investments
CISCO on Tuesday (Jun 4) launched a US$1 billion fund to invest in artificial intelligence (AI) startups, joining a list of big technology companies rushing to take stakes in...
Hedge fund Dymon expands central Hong Kong office, bucking trend
HEDGE fund firm Dymon Asia Capital is expanding in Hong Kong’s central business district, at a time when the city is seeing record premium office vacancies and declining rental...
