Private
Meta seeks US$29 billion from private capital firms for AI data centres, FT reports
[BENGALURU] Meta Platforms is seeking to raise US$29 billion from private capital firms to build artificial intelligence (AI) data centres in the US, the Financial Times reported on Friday...
HSBC private banking arm names new Apac head of wealth planning
Ann Ling brings more than two decades of financial services experience to the role, which she will assume on Jul 1 [SINGAPORE] HSBC Global Private Banking has appointed a...
DBS targets hiring 40 private bankers for North Asia market
Published Wed, Jun 25, 2025 · 05:41 PMDBS Group, Singapore’s largest lender, is targeting hiring about 40 private bankers this year in Hong Kong and Singapore to cater to...
China makes pitch for more private cash in cross-border projects
[BEIJING] China’s Finance Minister Lan Fo’an has urged a greater role for private investment in ensuring sustainable funding for cross-border infrastructure, warning that emerging countries are running short of...
China’s wealth fund pulls plug on US$1 billion private equity sale
[BEIJING] China’s sovereign wealth fund has pulled its planned sale of US$1 billion in US fund stakes tied to some of the biggest names in private equity.Earlier this year,...
What is Mu? Microsoft Launches Small AI Model That Runs Fast and Private on Your PC
Technology giant Meta has moved a step ahead in making AI competition more interesting by launching a new AI tool, Mu, a small yet powerful language model designed to...
US investors, Asia’s ultra-rich drive growth in Asia-Pacific private credit
[SINGAPORE] A slight uptick in private-credit fundraising in Asia-Pacific (Apac) last year has given market players optimism for a positive 2025, even as investors continue to avoid China. They said...
Thailand’s Gas Gamble: How Policy Missteps and Private Gains Drive Up Power Bills
In a nation where more than two-thirds of electricity is generated by gas-fired plants, Thailand's deepening reliance on expensive liquefied natural gas (LNG) imports is not just an energy...
