Trillion
Global digital economy will hit US$16.5 trillion by 2028: report
RESEARCH and advisory company Forrester released its report, Global Digital Economy Forecast, 2023-2028, on Monday (Aug 19) revealing that the digital economy will reach US$16.5 trillion and capture 17...
Brutal sell-off skims froth from Japan’s US$6 trillion stock market
Japanese equities shed US$1.1 trillion in value as they kicked off August with a record three-day loss. For bullish investors, that’s providing a fresh reason to buy what has...
Magnificent Seven set to shed US$1 trillion in value, led by Apple, Nvidia
APPLE and Nvidia led a sell-off in technology stocks on Monday (Aug 5) as US recession fears and Berkshire Hathaway’s decision to cut its stake in the iPhone maker...
US$1 trillion rout hits Nasdaq 100 over AI jitters in worst day since 2022
INVESTORS soured on the promise of artificial intelligence (AI) on Wednesday (Jul 24), sparking a US$1 trillion rout in the Nasdaq 100 Index as questions swirled over just how...
Singapore AUM up 10% to S$5.4 trillion in 2023; new debt issues rose 21%
SINGAPORE’s financial sector had a good showing in 2023 with a 10 per cent growth in asset under management (AUM) to S$5.41 trillion as at Dec 31, 2023, while...
Singapore AUM up 10% to S$5.4 trillion in 2023; new debt issues rise 21%
SINGAPORE’s financial sector had a good showing in 2023 with a 10 per cent growth in asset under management (AUM) to S$5.41 trillion as at Dec 31, 2023, while...
South Korea’s SK Hynix to invest 103 trillion won by 2028 in AI, chips
SOUTH Korea’s SK Hynix, the world No 2 memory chip maker, will invest 103 trillion won (S$102 billion) till 2028 to strengthen its chips business, focusing on artificial intelligence...
LMIRT upsizes loan facility to 4.5 trillion rupiah
LIPPO Malls Indonesia Retail Trust (LMIRT) upsized its term loan facility to 4.5 trillion rupiah (S$371.8 million) from 2.5 trillion rupiah previously. The original loan – obtained in May...
