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...Singapore’s Temasek Holdings is holding talks about investing in OpenAI, a deal that would mark the first time a state-backed group has funded the ChatGPT maker....
...“Generally the more senior you are, the bigger the pay cut,” said Jason Bedford, a Singapore-based analyst, who pointed to a wider phenomenon of wage deflation in China driven by “forceful cuts” from the...
...It launched investment banking in the city-state in 2010 and brought in more product lines, including asset and wealth management, during the pandemic....
...Korea Zinc has also formed a joint venture with South Korea’s LG Chem for precursor production and is in talks with Singapore-based Trafigura for co-operation on nickel refining....
...Short of toeing Beijing’s line on the South China Sea, “there is nothing that Marcos or his administration can do at this moment that will not get a negative reaction from China”....
...And here’s what I’m keeping tabs on today: Economic data: Australia reports fourth-quarter GDP figures, while South Korea publishes consumer price index inflation rate data for February....
...It had sold the scooter’s charger separately in order to keep the price down in line with the subsidy scheme....
...MyHSR is also discussing an option to extend the line from Kuala Lumpur only to the southern state of Johor if Singapore decides not to participate....
...In September, the Singapore High Court issued a freezing injunction “prohibiting Liberty from removing from Singapore any assets located in Singapore” up to €140mn, according to the court documents....
...This month at Design Miami, he is launching Aman’s interior design studio and its first collection of furniture – a limited-edition line named Migumi, designed by Japanese architect Kengo Kuma....
...Korean exporters are also assisted by the government, including its willingness to step in and place orders so as to keep production lines “hot” in the absence of orders from abroad....
...That is putting pressure on neighbouring South Korea to address the perennial so-called “Korea discount”. Calls for reform are mounting ahead of parliamentary elections in April....
...Investment returns from Temasek and sovereign wealth fund GIC, as well as the Monetary Authority of Singapore, the central bank, are the biggest contributors to Singapore’s budget....
...Display adjustments Taiwanese display maker AUO will shut down its production lines in Singapore by the end of this month due to continued weak demand for LCD screens, Nikkei Asia’s Lauly Li writes....
...on chip subsidies as share of GDP (Nikkei Asia) The Steve Jobs of China turns car salesman in Xiaomi’s EV evolution (FT) Samsung signals end to chip downturn with forecast 10-fold jump in profit (FT) Singapore...
...South Korea and China, which are considered moderate-seismicity regions, account for most of the rest....
...London remains an international hub for the sale of insurance and reinsurance, and has continued to grow despite competition from other markets such as Singapore and disruption from Brexit, which raised...
...Singapore-listed Olam is one of those still investing in Nigeria....
...“Samsung manufactures all the memory in Korea, so shipping memory to the US to do HBM packaging might not be ideal....
...South Korea was Vietnam’s second-biggest source of investment in the first seven months of this year, trailing behind Singapore, according to official data....
...North Korea’s infamous criminal syndicate Lazarus Group is responsible for almost $1bn of that total....
...Temasek’s failed bet further compromised confidence in Singapore’s ability to regulate the digital assets industry....
...It is rare for an investor to sell a stake in a buyout fund for reputational reasons, underlining the challenge facing Vista as it now tries to draw a line under a scandal that saw its billionaire founder...
...“We review all of our investments on an ongoing basis, and make decisions in line with our commitment to maintaining disciplined capital allocation.”...
...“The only company that’s a non-American company that has [a technology line-up] right from the chips all the way to the solution is Fujitsu,” he said....
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