South Korea plans 10 trillion won programme to support chip industry
South Korea is preparing a programme to provide more than 10 trillion won (S$9.9 billion) to strengthen the country’s pivotal ...
Tag: Trillion
Japan may have spent 5.5 trillion yen on Apr 29 intervention, BOJ data suggests
JAPANESE officials may have spent some 5.5 trillion yen (S$52 billion) supporting the currency on Apr 29 to pull it ...
K-pop agency Hybe’s internal strife wipes out 1.2 trillion won
HYBE’S shares tumbled on Friday (Apr 26) as internal strife between the K-pop giant and Ador, the Hybe-owned label behind ...
China’s top lenders face 1.6 trillion yuan loss-absorbing capital shortfall by 2025, Fitch estimates
CHINA’S five globally systemically important banks would have a shortfall in their total loss absorption capital (TLAC) of 1.6 trillion ...
BlackRock hits record assets of US$10.5 trillion with bond inflows
BLACKROCK’s long-term investment funds took in US$76 billion of net inflows in the first quarter, helping to push the world’s ...
Hyundai Motor Group to invest 68 trillion won over 3 years
SOUTH Korea’s Hyundai Motor Group said on Wednesday (Mar 27) it will invest 68 trillion won (S$68 billion) over three ...
Norway’s US$1.6 trillion fund voices concern over UK IPO proposals
NORWAY’S US$1.6 trillion sovereign wealth fund warned that the UK’s Financial Conduct Authority’s plan to simplify rules around public listings ...
Expensive flights become new normal on US$5 trillion green transition
THE global airline industry has long warned passengers they will eventually have to pay some of the US$5 trillion cost ...
Australian mega funds seen controlling US$9 trillion of pensions
A GROUP of massive pension funds will dominate Australia’s retirement system in the coming decades as increasing mergers and rivalry ...
Australian mega funds seen controlling A$13.6 trillion of pensions
A GROUP of massive pension funds will dominate Australia’s retirement system in the coming decades as increasing mergers and rivalry ...
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