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: panellists
Low Youjin - Hurdles include concerns over returns on investment and integrating new technologies with legacy systems
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
Most currencies steady as markets focus on US-Iran talks, NZ dollar gains
(Updates first bullet point to focus on status of talks)By Jiaxing LiHONG KONG, April 21 : Most currencies were largely steady on Tuesday, with investors waiting to see whether there will be a U.S.-Iran deal to reopen Gulf shipping, while a sticky inflation reading lifted the New Zealand dollar.
Dollar subdued as markets eye ceasefire talks; yen pressured by BOJ delay
HONG KONG, April 21 : The dollar and yen were under pressure on Tuesday, with investors poised to buy riskier currencies and hoping for a U.S.-Iran deal to reopen Gulf shipping, while a sticky inflation reading lifted the New Zealand dollar. With the ceasefire set to expire this week, the fate of Ir ...
Bank of Korea’s new chief signals flexible policy amid oil risks
Shin Hyun-song also highlights a longer-term need to reassess the role of the central bank
Monetary policy has to be cautious and flexible: Bank of Korea’s new chief
[SEOUL] South Korea’s newly-appointed central bank governor said on Tuesday (Apr 21) that monetary policy needed to be cautious and flexible amid...
Bank of Korea’s new chief says monetary policy has to be cautious and flexible
[SEOUL] South Korea’s newly-appointed central bank governor said on Tuesday monetary policy needed to be cautious and flexible amid heightened inflation and...
Jeff Bezos' AI lab nears $38 billion valuation in funding deal, FT reports
April 20 : Jeff Bezos' artificial intelligence lab is close to a $10 billion fundraising deal, which will value the new startup called Project Prometheus at $38 billion, the Financial Times reported on Monday, citing sources.Reuters could not immediately verify the report.
Bank of Korea's new chief says monetary policy has to be cautious and flexible
SEOUL, April 21 : South Korea's newly-appointed central bank governor said on Tuesday monetary policy needed to be cautious and flexible amid heightened inflation and growth uncertainty due to the Middle East conflict. "As uncertainty has increased over inflation and growth paths due to th ...
Bank of Korea's new chief vows cautious, flexible policy amid Iran risks
SEOUL, April 21 : South Korea's newly appointed central bank governor, Shin Hyun-song, said on Tuesday the country's monetary policy needed to be cautious and flexible amid heightened inflation and growth uncertainty due to the Middle East conflict. "As uncertainty has increased over ...
Who is John Ternus, the 50-year-old Apple hardware chief who has just been named CEO?
The leadership change marks the end of an era at one of the world’s most iconic companies
Gold steadies as traders weigh next round of US-Iran peace talks
Now in its eighth week, the war in the Middle East has triggered an unprecedented energy-supply shock
Stocks to watch: Keppel Reit, Seatrium, FCT, CAO, Aspial Lifestyle, CICT
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Apr 21):
Stocks to watch: Keppel Reit, Seatrium, FCT, China Aviation Oil, Aspial Lifestyle
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Apr 21):
