Investment managers view generative artificial intelligence (GenAI) as the “holy grail” to create value, but the availability of data and cultural change are some of the main challenges, according to …
Temasek Holdings, Singapore’s sovereign wealth fund, cut its stake in the Industrial and Commercial Bank of China (ICBC) twice in one day last week, reducing its share of the lender …
China’s sovereign wealth fund has established a US$1 billion fund with the Middle East region’s biggest alternative asset manager to invest in companies among the Gulf Cooperation Council (GCC) and …
“China is somewhat behind, obviously,” Tsai said, citing how ChatGPT creator OpenAI has leapfrogged the rest of the tech industry in AI innovation, in a podcast interview published on Wednesday …
Mention Malaysia Airlines and most peoples’ thoughts will turn to the enduring mystery of the disappearance of flight MH370 a decade ago and the tragic shooting down of MH17 just …
McLaren has been on increasingly rocky ground in recent years as it struggled to find funding to secure its future. The British supercar maker previously put its headquarters up for …
Goldman Sachs and Abu Dhabi’s Mubadala sign US$1 billion private credit deal with eye on Asia-Pacific Goldman Sachs and Mubadala Investment, an Abu Dhabi sovereign wealth fund, will deploy US$1 …
Private equity firm CVC Capital Partners said it has closed its sixth and largest Asia fund to date, shrugging off a challenging geopolitical and macroeconomic environment that has put a …
Energy giant Saudi Aramco is poised to issue bonds this year with tenures of 15 to 50 years in a bid to optimise its capital structure, Ziad Al-Murshed, the company’s …
Singapore’s sovereign wealth fund GIC Pte. reshuffled the roles of some senior executives as part of a broader leadership overhaul. GIC’s current deputy chief operating officer Sam Kim will be …