Exclusive-SpaceX president Shotwell earned $85 million last year, document shows
NEW YORK, April 21 : SpaceX President Gwynne Shotwell earned $85.8 million in total compensation last year, a company prospectus showed, placing her among the highest‑paid U.S. executives.Shotwell, who is also chief operating officer, earned a salary of $1 million, with most of her compensation co ...
France's Atos narrows revenue forecast after quarterly drop
April 21 : Atos, the French tech group that provides IT services to the National Health Service in Britain and to the Olympics, narrowed its annual revenue forecast on Tuesday after organic revenue fell 11 per cent in the first quarter due to market softness.The company now expects its organic reven ...
The gloves are coming off in Europe’s biggest banking takeover
After high-level deal talks between UniCredit and Commerzbank broke down, the Italian lender is taking its pitch directly to shareholders
Keeping Singapore open, investing in people are key to the city-state being competitive in a changing world: DPM Gan
Tay Peck Gek - [SINGAPORE] The key for Singapore to remain competitive in a world where rules are increasingly shaped by national security is to be...
Cathay Pacific plans Hong Kong dollar bond issuance, term sheet shows
[SYDNEY/HONG KONG] Hong Kong carrier Cathay Pacific is planning to issue a three- or five-year fixed-rate Hong Kong dollar bond and possibly...
Hello Kitty creator Sanrio to make Nintendo Switch 2 party game
Some 10 titles will be released over the next three years, with the first this fall as a console game
Sanrio launches gaming brand, tapping fast-growing global market
Some 10 titles will be released over the next three years, with the first this fall as a console game
Exclusive-SpaceX tries to woo Wall Street with three-day analyst meeting this week, sources say
NEW YORK, April 21 : SpaceX is moving ahead with plans for one of the most anticipated IPOs in history as it hosts analysts this week for three days of closed-door meetings at its launch facility in Texas and mega-sized data center in Tennessee, according to three people familiar with the matter.Elo ...
OCBC, Lion Global Investors and DigiFT expand gold investment options with GOLDX token
Lin Daoyi - Expanding investment options for gold, OCBC, its investment arm Lion Global Investors and digital asset exchange DigiFT have launched the OCBC-LionGlobal Physical Gold Fund token (GOLDX token) on April 20. GOLDX token is Southeast Asia’s first tokenised physical gold fund available on a public blo ...
JPMorgan aims for China approval of active ETF launch this year
The firm has operated in the Asian nation since 1921
Who is John Ternus, Apple's new CEO?
The 25-year Apple veteran, who is a mechanical engineer by training, will take over from Tim Cook in September.
Seatrium launches notes of $400 mil at fixed annual rate of 2.95%, presumably reduces cost of debt
Lin Daoyi - Seatrium Financial Services, a subsidiary of offshore and marine player Seatrium is launching $400 million of notes $400 at a fixed annual rate of 2.95% according to a bourse filing on April 20. The inaugural offering of Series 001 Notes, expected to be issued on April 28 and mature on the same date ...
China’s aluminium output fuelled by Middle East’s stranded cargoes
The war in the Persian Gulf is driving more alumina to the Asian nation
Cathay Pacific aims to raise about HK$2 billion in Hong Kong dollar bond, sources say
SYDNEY/HONG KONG, April 21 : Hong Kong carrier Cathay Pacific is aiming to raise about HK$2 billion ($255.41 million) through a one- or two-tranche fixed-rate Hong Kong dollar bond, according to two sources with direct knowledge of the matter.The airline is planning to issue a three- or five-year fi ...
Airline Cathay Pacific plans Hong Kong dollar bond issuance, term sheet shows
SYDNEY/HONG KONG, April 21 : Hong Kong carrier Cathay Pacific is planning to issue a three- or five-year fixed-rate Hong Kong dollar bond and possibly both, according to a term sheet seen by Reuters on Tuesday. A global investor call will take place Tuesday and the bond deal could begin Wednesday, t ...
Johor delays JS-SEZ blueprint roll-out for further refinements, targets launch in H1
Tan Ai Leng - The state seeks alignment as cross-border investment gains pace
CICT upsizes placement priced at $2.30 per unit to $750 million
The Edge Singapore - CapitaLand Integrated Commercial Trust took another step ahead as Asia’s largest REIT. Its placement units, priced at $2.30 were upsized and raised $750 million instead of the minimum of $600 million. The funds were raised to partly fund the proposed acquisition of Paragon, priced at $3.9 billion. ...
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities
Tay Peck Gek - The maritime system is becoming more intertwined with geopolitical competition, he says at the Singapore Maritime Lecture
Maritime industry must invest in new capabilities amid cyberthreats, AI adoption: Jeffrey Siow
Tay Peck Gek - Challenges – such as the growing tech gap – extend beyond the flow of goods through the world’s waterways
Jeffrey Siow urges maritime industry to cooperate, invest in new capabilities
Tay Peck Gek - Challenges – such as the growing tech gap – extend beyond the flow of goods through the world’s waterways
Three structural shifts in global system will bring greater challenges – and opportunities: DPM Gan
Tay Peck Gek - The maritime system is becoming more intertwined with geopolitical competition, he says at the Singapore Maritime Lecture
Singapore unveils revised maritime tech road map with S$100 million investment; new sector AI push
Derryn Wong - Focuses include autonomous port operation, alternative energy delivery, smart ships and smart port services
Analysis:Once shunned, activist investors dig in to win in Japan
TOKYO, April 21 : Activist investors are planning to invest in Japan over the long-term, emboldened by their recent successes in a market where they once got a frosty reception. U.S.-based Elliott Investment Management scored a milestone win against Toyota last month through vocal opposition before ...
Victory Giant surges in debut after biggest Hong Kong listing this year
The share sale has kicked off what bankers in the city hope to become a procession of heavyweight deals
MSCI keeps curbs on Indonesian stocks, delays index changes pending reform review
Elisa Valenta - It will provide further clarity on its assessment of the country’s reforms in June
MSCI extends review of Indonesian stock market reforms to June
April 21 : MSCI said on Monday it will extend its review of Indonesia's stock market by a month to June to assess reforms announced by the Southeast Asian nation, after a warning in January triggered a market rout and a foreign investor exodus.The global index provider had warned that Indonesia ...
Asian stocks gain, oil dips on hopes of new round of US-Iran talks
ASIAN stocks edged higher as signs Iran may join talks with the US fostered cautious optimism about progress in the Middle East...
Law firms big and small must adopt AI, and bosses must lead the charge: Edwin Tong
Tessa Oh - Firms cannot simply instruct their IT departments to procure a tool and consider the job done, says the law minister
China flashes new high-tech swagger to world markets convulsed by war
WTO has warned that global merchandise commerce faces a deeper slowdown if the war keeps energy prices high for a sustained period
ESR establishes 1.6 billion yuan dedicated renminbi income fund
Shikhar Gupta - The fund is expected to acquire two ESR logistics and industrial assets in Shanghai and Suzhou
EQT lands record Asia buyout fund at US$15.6 billion amid turmoil
The firm has taken the private equity world by storm with sizeable cash outs and top level returns
Asean’s manufacturing sector struggles to scale AI adoption – not for lack of awareness, say panellists
Low Youjin - Hurdles include concerns over returns on investment and integrating new technologies with legacy systems
Stocks rebound as Iran peace talks in focus; Warsh hearing looms
TOKYO, April 21 : Stocks rebounded in early trading in Asia on Tuesday as markets took heart from reports Iran is considering attending peace talks with the United States in Pakistan, with renewed bets on AI underpinning demand.Investors were also keeping their eyes on a Senate confirmation hearing ...
Asian stocks rebound as Iran peace talks in focus
TOKYO: Stocks rebounded in early trading in Asia on Tuesday (Apr 21) as markets took heart from reports Iran is considering attending peace talks with the United States in Pakistan, with renewed bets on AI
