Investments
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...
Mapletree Investments in the red with S$577.2 million full-year loss on valuation decline
MAPLETREE Investments posted a net loss of S$577.2 million for the financial year ended Mar 31 amid industry headwinds, compared with a S$1.2 billion net profit last year. This...
Mapletree Investments in the red with S$577.2 million full-year loss on valuation decline
MAPLETREE Investments posted a net loss of S$577.2 million for the financial year ended Mar 31 amid industry headwinds, compared with a S$1.2 billion net profit last year. This...
TSMC’s foreign investments are good for Taiwan, official says
A PLANNED move by Taiwan Semiconductor Manufacturing Company (TSMC) to locate some of its chipmaking facilities abroad will be “very beneficial” for Taiwan because it will let the chipmaker...
Amazon, Morgan Stanley, Pfizer to announce French investments
AMAZON.COM, Pfizer and Morgan Stanley are among the companies poised to boost their presence in France, with a flurry of new foreign investments to be unveiled on Monday (May...
A$90 billion Australia pension reviews investments as Israel-linked firms face pressure
CBUS, one of Australia’s largest pension funds, is reviewing its investment policy following pressure from a major union to divest shares in companies that supply weapons and defence technology...
HSBC says growing Chinese wealth fuels client investments in US
HSBC’s wealthy clients in China and Hong Kong are still eager to invest in the US, according to Michael Roberts, the bank’s CEO for the USA and Americas.
China’s economic...
Apple CEO meets Indonesia leader to talk investments
APPLE chief executive Tim Cook met Indonesia’s president on Wednesday, as the tech giant explores ways to invest in South-east Asia’s biggest economy and diversify supply chains away from...
