Business
Hedge funds slash bullish oil bets to lowest ever amid Opec hike
Hedge funds chopped their bullish position on US crude to the lowest on record as the Opec+ alliance’s latest decision to boost production…
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Funds
Business
Singapore early-stage emerging tech startups see 14% rise in deal volume, but funds raised slip 8%
There were 56 deals in 2024, up from 49 a year ago, though funding raised dipped from US$402 million to US$371 million Singapore’s early…
News
Trump turns $11.1B in U.S. government funds into a 10% stake in downtrodden Intel
President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer Intel in a…
News
Trump eyes US government stakes in other chip makers that received Chips Act funds: sources
US Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip manufacturers that…
Business
Hedge funds shift bets to double down on Big Tech amid AI boom
Wall Street’s largest hedge funds, Bridgewater Associates, Tiger Global Management and Discovery Capital, increased their exposure to Big…
News
Hedge funds slash bullish oil bets as concerns of a glut grow
Hedge funds cut their bullish stance on US oil to the lowest since mid-April as rising US crude inventories and Organization of the…
Business
Keppel raises S$6.3 billion in private funds for education and data centre assets
Keppel has secured S$6.3 billion in funds under management so far this year for its private fund strategies, including education assets…
Business
Top Singapore hedge fund Dymon Asia Capital ramps up Asia hires as regional funds find favour
US hedge fund giant Citadel and Singapore’s Dymon Asia Capital are adding talent in Asia, as they look to expand business in the region.…
Business
Emerging market funds adjust bets as ‘sell the dollar’ trade loses appeal
THE US dollar’s bounceback in July is convincing some emerging market investors to bet that it will keep rising in coming months. T Rowe…
Business
Hong Kong to let big funds secure bigger proportions of listings
Starting next week, the maximum percentage of shares that can be allocated to retail investors will be lowered to 35%, down from 50%…
News
FireAid Hires Law Firm to Review Dispersal of Funds From Benefit Concert in Response to Congressman’s Inquiries
FireAid has hired a law firm, Latham & Watkins, to review the dispersal of roughly $100 million in funds that were raised in conjunction…
Business
The rise and fall of New Silk Road, one of the longest-running hedge funds in Singapore
Investment management firm New Silk Road announced earlier in July that it will be closing its doors after a 16-year run in Asia. Based in…
Business
One of Singapore’s longest-running hedge funds is shutting down on US investor pullback
One of Singapore’s longest-running hedge funds, New Silk Road Investment, is shutting down after weak returns and a pullback by US…
Business
China venture capital funds tap global investors for US$2 billion in comeback
China’s largest venture capital houses are tapping the market for at least US$2 billion in new funds, re-engaging with the country’s…
News
China’s quant funds boost US recruiting after Trump’s visa curbs
Chinese quantitative hedge funds are stepping up efforts to hire science and engineering students in the US affected by US President…
Business
Hong Kong Jockey Club to unload US$1 billion in Blackstone, Warburg funds
The Hong Kong Jockey Club is divesting as much as US$1 billion in funds held with Blackstone and other buyout firms, offloading US assets…
Business
London Pride returns as events struggle with falling funds
Josh Parry LGBT & Identity Reporter On Saturday more than one million people are expected to attend Pride in London, the UK's largest…
News
EPA says Trump's big bill should help in its fight to take back billions in green bank funds
The sprawling tax and policy bill that passed Congress repeals a multibillion-dollar green bank for financing climate-friendly projects,…
Business
Cathay Cineplexes operator mm2 Asia to raise funds for debt repayment via proposed share placement
The announcement comes after the cinema chain received a S$3.4 million payment demand from the landlord of its shuttered Jem outlet Media…
Business
Indonesia’s sovereign wealth funds Danantara loans US$405 million to flag carrier Garuda
Garuda will receive about US$111 million of the funding, with the remainder going to Citilink for maintenance of about 15 grounded jets…
News
Trump administration funds $10 million study on health effects of East Palestine train derailment
The Trump administration has launched a study of the long-term health consequences for residents of East Palestine, Ohio, from a train…
Business
Fidelity, BlackRock target Chinese demand for offshore funds
Fidelity International is poised to offer products that attract mainland investors chasing higher returns from overseas funds, according…
News
Senate Republicans hold broadband funds hostage, dangle $42B to snooker states on AI regulations
Senate Republicans aim to keep state and local governments from regulating artificial intelligence for the next decade as part of…
Business
Global funds weigh whether Indonesia market rebound was too fast
Indonesia’s financial markets have bounced back after a torrid few months, sparking a debate on whether the rally can last. RBC BlueBay…