Trillion
Google: GenAI Could Add €1.4 Trillion to the EU’s GDP by 2034
Generative AI could add between €1.2 and €1.4 trillion to the E.U.’s gross domestic product within a decade, the equivalent of 8% of growth a year, a new Google...
Japan’s US$4 trillion ‘carry trade’ begins to slowly unwind
JAPAN’S investors are starting to lose their decades-long infatuation with overseas assets.
In the first eight months of the year, Japanese investors snapped up a net 28 trillion yen (S$249...
Assets in actively managed ETFs top US$1 trillion worldwide
ASSETS in actively managed exchange-traded funds (ETFs) worldwide hit a record US$1 trillion at the end of August, according to data provider ETFGI, boosted by easier regulations and a...
India to borrow 6.61 trillion rupees via bonds in Oct-March
India’s government will maintain its budgeted borrowing programme for the ongoing financial year, and will sell bonds worth 6.61 trillion rupees (S$101.6 billion) from October through March, it said...
China weighs injecting 1 trillion yuan of capital into top banks
CHINA is considering injecting up to 1 trillion yuan (S$183 billion) of capital into its biggest state banks to increase their capacity to support the struggling economy, according to...
Global debt hits record US$312 trillion, climate finance a challenge, banking trade group says
Global debt hit a record high of US$312 trillion at the end of the second quarter, driven by borrowing in the United States and China, while a key debt...
Toyota raises buyback to 1.2 trillion yen, citing share levels
TOYOTA Motor bumped up the size of its share buyback to 1.2 trillion yen (S$11 billion) as the world’s largest carmaker enjoys strong demand in Japan and Europe.
The Japanese...
Indonesia leader inaugurates miner Amman Mineral’s 21 trillion rupiah copper smelter
INDONESIAN President Joko “Jokowi” Widodo inaugurated Amman Mineral Internasional’s 21 trillion rupiah (S$1.8 billion) copper smelter in the West Nusa Tenggara province on Monday (Sep 23) saying he wanted...
