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OpenAI
Singapore’s Temasek in discussions to invest in OpenAI
...Temasek’s $287bn portfolio includes some of the world’s top tech start-ups including payments group Stripe. AI is a key focus for investment, according to the fund’s management....
March 5, 2024
Singapore Exchange Ltd
Singapore battles to revive struggling stock market
...Koh, a business veteran in the city-state, has also chaired telecoms group Singtel, the city’s biggest bank DBS and Singapore Airlines....
May 6, 2024
FT Live
Crypto and Digital Assets Summit Asia
Transforming mainstream finance
Thursday, 5 DecemberSingapore
UK politics
Protests should be banned near UK defence and energy sites, review concludes
...Palestine Action, which was founded in 2020 but has stepped up its activism since the start of the Israel-Hamas war, said on X: “Whilst one group smashed a lorry into Elbit’s Leicester drone factory, another...
May 9, 2024
CVC Capital Partners Ltd
General Atlantic and CVC halt south-east Asia deals as Gaza war boycotts intensify
...The boycott is much more substantial now as opposed to symbolic,” said Nirgunan Tiruchelvam, head of consumer and internet at Aletheia Capital, an advisory group focused on the Asia-Pacific region....
April 29, 2024
Investor activism
Activist fund Elliott targets Japan’s biggest property group
...That pressure has been ratcheted up over the past 18 months as the Tokyo Stock Exchange has pushed companies to lay out how they plan to boost their corporate value — a scheme intended to shame those that...
February 5, 2024
LexNintendo Co Ltd
The Nintendo Switch has had a great run Premium content
...It has given Nintendo more than seven years to build up a large user base for its premium subscription services as well as a fan base for its game characters....
May 7, 2024
FT Live
Capitalising on Shifting Consumer Behaviour in Asia
What is driving consumption and where are the opportunities?
Wednesday, 22 MayDigital Conference
News in-depthElectric vehicles
Ola Electric heads for two-wheeler IPO in India’s first EV listing
...Aggarwal co-founded the ride-hailing app Ola Cabs over a decade ago, before adding to his mobility empire by creating Ola Electric, and most recently expanding into artificial intelligence with start-up...
January 17, 2024
HTSI
The Aman look comes home
...The studio is headed up by Morad Tabrizi, CEO of interiors....
November 30, 2023
InterviewIndian business & finance
Deepfake ‘menace’ hurting retail investors, warns head of India’s BSE bourse
...About a quarter of trades were made on mobile devices in April, up from 5 per cent five years ago, according to BSE data....
May 7, 2024
Exchange traded funds
Harvest partnership to bring HK-listed crypto ETFs to Singapore
...*Ignites Asia is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at ignitesasia.com....
May 9, 2024
LexJapanese business & finance
Japan’s airlines are not enjoying country’s status as a hot tourist spot Premium content
...Trips to Hawaii — a favourite spot, with Japanese travellers making up the largest number of overseas tourists in Hawaii before the pandemic — have long been a good indicator of long-haul flight demand....
May 11, 2024
Middle Eastern finance
Gulf Waitrose brand operator Spinneys jumps on first day of Dubai trading
...The shares were later trading up 5 per cent on the day. Bankers say the listing has been closely watched by executives considering launching their own offerings....
May 9, 2024
Electric vehicles
China’s BYD and Neta target Indonesia market with EV investments
...About 1mn new cars were sold in Indonesia last year, making it south-east Asia’s largest auto market....
May 9, 2024
Nissan Motor Co Ltd
Nissan locked in ‘survival game’ in China, warns chief executive
...He said Nissan was planning to export more cars from China through its partnership with local group Dongfeng, as the Japanese carmaker rushes to address the “excess capacity” building up in China....
May 7, 2024
Investments
Investors’ Chronicle: Trainline, InterContinental Hotels, BP
...The metric grew by 8.9 per cent in Europe, Middle East, Africa and Asia and 2.5 per cent in Greater China, but fell slightly in the Americas on the back of a 1.9 per cent drop in the US....
May 10, 2024
FT Live
Moral Money Summit Asia
Strategies for greener, fairer capitalism
Wednesday, 4 SeptemberSingapore
Electric vehicles
China’s EV sector to test offshore markets after Zeekr’s strong US IPO
...Cornerstone investors, including Geely’s Hong Kong-listed auto unit, soaked up two-thirds of the shares on offer....
May 12, 2024
L'Occitane International SA
L’Occitane owner offers to take skincare group private at €6.5bn valuation
...Asia Pacific makes up 42 per cent of total sales, with the rest spread across Europe and the Americas, its fastest-growing region....
April 29, 2024
Inside BusinessKana Inagaki
Oil and water: why Nissan and Honda are setting aside their rivalry
...Honda’s tie-up with Sony generated much excitement when it was announced, but it remains unclear how committed the entertainment group is....
April 9, 2024
Singapore
Singapore minister charged with corruption over kickbacks from tycoon
...He faces a penalty of up to S$100,000 and seven years in prison if found guilty of corruption....
January 18, 2024
Electric vehicles
MG’s Chinese owner and Indian steelmaker JSW team up to build EVs
...“You have all the major players coming in, so sales for EVs are going to increase,” said Ammar Master, director of South Asia automotive with GlobalData....
March 20, 2024
Vodafone idea Ltd
Vodafone’s India unit staves off collapse after record $2.2bn fundraising
...owned by Asia’s richest man Mukesh Ambani....
April 23, 2024
South-East Asia
Margins wane for banks in south-east Asia as US interest rate cuts loom
...A version of this article was first published by Nikkei Asia on February 27. ©2024 Nikkei Inc. All rights reserved....
March 7, 2024
Woolworths Ltd
Australian grocery groups undergo Senate grilling on price-gouging allegations
Bosses of Woolworths and Coles defend profitability on first day of inquiry
April 16, 2024
News in-depthMacau
Macau roars back as gamblers return to ‘Las Vegas of the east’
...Analysts said investors remained wary of the substantial debtloads the casino groups took on to fund operations during the Covid-19 pandemic....
March 31, 2024
ArcelorMittal SA
ArcelorMittal obtains €140mn freezing order against Gupta’s Liberty House
...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....
November 1, 2023

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