Trillion
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 popular girl group NewJeans, deepened. The company, which manages...
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 yuan (S$301 billion) by January 2025, Fitch Ratings estimates,...
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 largest money manager to a record US$10.5 trillion of...
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 years to bolster its growth potential in electric vehicles...
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 could undermine investor confidence in the market.“We are concerned...
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 of decarbonising air travel. The moment has come. Singapore’s...
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 leave just a handful of powerhouse investors. That is...
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 leave just a handful of powerhouse investors. That is...
