Tag - investments

 
 

INVESTMENTS

An autonomous truck in Stack AV’s test fleet
BUSINESS / Companies
Sep 8, 2023
SoftBank backs autonomous trucking firm started by ex-Ford execs
The new firm, named Stack AV, is led by three executives who previously ran Argo AI, the self-driving operation that Ford and VW shut down last year.
Part of the deserted Legend of Sea project developed by Country Garden
ASIA PACIFIC / Politics
Sep 7, 2023
China’s credit wreck exposes governance failings to the world
"Foreign money managers still have willingness to invest in China, but how much we invest is in flux.”
Kenya's President William Ruto addresses delegates at the close of the Africa Climate Summit 2023 in Nairobi on Wednesday.
WORLD / Politics
Sep 7, 2023
Climate summit touts Africa's role as clean energy 'superpower'
While leaders touted Africa's role as a clean energy "superpower," they identified one big snag: a lack of finance to turn that potential into reality.
The Shiodome City Center building in Tokyo's Minato Ward
BUSINESS / Companies
Sep 6, 2023
GIC considering sale of Tokyo skyscraper for over $2 billion
The sale plans come as a glut of new office supply is expected in Tokyo over the next two years, potentially tempering investor appetite.
Arm Holdings kicked off its roadshow for initial public offering on Tuesday, disclosing that the proposed range would value it at between $48 billion and $52 billion.
BUSINESS / Companies
Sep 6, 2023
SoftBank's Arm launches IPO courting T Rowe in $52B valuation ask
T Rowe Price has been an anchor investor in some of the biggest stock market debuts.
Panelists led by Kenya's President William Ruto (center) conduct a session during the Africa Climate Summit 2023 in Nairobi on Tuesday.
WORLD / Politics
Sep 6, 2023
'Unfair' global finance system in focus at Africa climate talks
The Nairobi summit hopes to boost investment in renewables, with the UAE pledging $4.5 billion to accelerate Africa's clean energy transition.
An air raid shelter converted into luxury apartments at Ungererstrasse 158 in Munich, Germany
BUSINESS / Economy / ANALYSIS
Sep 4, 2023
Market flop: How Germany's property boom ended
The country's property sector in Europe's largest economy is suffering its worst slump in decades.
A show of support from some of the tech industry’s biggest names will help bolster Arm's IPO, which is expected to raise $5 billion to $7 billion.
BUSINESS / Tech
Sep 2, 2023
SoftBank lines up Apple and Nvidia as strategic Arm IPO backers
The show of support from some of the tech industry’s biggest names will help bolster an IPO that is expected to raise $5 billion to $7 billion.
Investors in Japan have filed a lawsuit against Mitsubishi UFJ Financial Group’s joint venture brokerage with Morgan Stanley, seeking to recover losses from Credit Suisse's riskiest debt.
BUSINESS / Markets
Sep 1, 2023
MUFG joint-venture brokerage sued over Credit Suisse AT1 sales
Investors are demanding ¥5.2 billion ($36 million) in compensation from Mitsubishi UFJ Morgan Stanley Securities.
China's Premier Li Qiang (right) speaks with U.S, Commerce Secretary Gina Raimondo during their meeting at the Great Hall of the People in Beijing on Tuesday.
BUSINESS
Aug 30, 2023
U.S. commerce chief says business with China is key, but risky
The comments by Washington’s top trade promoter underscore that commerce has become one of the main strands of tension between the two powers.
The VinFast logo during an event in Los Angeles in November 2022
BUSINESS / Markets
Aug 30, 2023
VinFast’s world-beating gain evokes memory of $400 billion crash
The last time a similar stock rose from relative obscurity to the one the world’s largest companies, it didn’t end well for investors.
The Financial Services Agency said in its annual policy guidance that overseas real estate is among the credit risks to watch this year and that it will assess major banks' "situation of loans” made in this sector.
BUSINESS
Aug 30, 2023
Japan regulator to evaluate banks’ commercial property exposure
Commercial real estate has become one of the highest-profile asset classes hit by rapid rate hikes.
Pham Minh Chinh, Vietnam's prime minister, at a summit in Brussels in December 2022
ASIA PACIFIC / Politics
Aug 28, 2023
Flagging growth fuels tensions clouding Vietnam premier’s future
Despite some successes, failure to hit the country's ambitious growth target could be career-damaging for PM Pham Minh Chinh.
Robust demand from visitors for lodgings and rising prices in Japan create an ideal scenario to fuel a boom for investment in hotels.
BUSINESS
Aug 23, 2023
Goldman, KKR and Blackstone join investor rush for Japan hotels
Compared with before the pandemic, visitors to Japan are spending more, with most of that money going on lodgings and hospitality.
Nippon Life Insurance headquarters in Osaka. Japanese insurers are seeking more investments in private credit, attracted to their floating interest rates as global borrowing costs jump.
BUSINESS / Companies
Aug 18, 2023
Private credit boom attracts Japan insurers with $2.6 trillion
Dai-ichi Life Insurance and Nippon Life Insurance are among companies that are seeking more investments in private credit.
More investors in the Tokyo stock market are beginning to see higher pay as a useful barometer of a company’s strength.
BUSINESS / Markets
Aug 18, 2023
Stock pickers cheer for wage hikes in post-deflationary Japan
A group of companies that raised wages higher than many of their peers has outperformed the Topix index by 5 percentage points so far this quarter.
Cirebon-1, an 11-year-old coal power station in West Java, Indonesia, is set to close early, sparing the planet millions of tons of carbon dioxide.
BUSINESS / Economy
Aug 16, 2023
Indonesian facility shows cutting coal is a hard sell for banks
The early closure of the Cirebon-1 coal plant could be a decarbonization model for Asia, but big banks have been shy about fueling the transition.
Blackstone is working on more acquisitions in Japan with several bids out and properties like hotels and data centers in the pipeline.
BUSINESS / Companies
Aug 14, 2023
Blackstone eyes more Japan property after selling $4.5 billion
Real estate investments in Japan have been rosy compared to other countries, where rising costs have squeezed finances and workers have shunned offices.
SoftBank, which currently owns 75% of Arm, is in talks to acquire the 25% stake in the firm it does not directly own from Vision Fund 1, according to sources.
BUSINESS
Aug 14, 2023
SoftBank in talks to buy Vision Fund's 25% stake in Arm
The move would potentially deliver a win for investors who have waited years for strong returns.
U.S. President Joe Biden speaks at an event in Albuquerque, New Mexico, on Wednesday.
WORLD / Politics
Aug 11, 2023
New U.S. rules on China investments fail to offer clear guidance
The Treasury Department’s 46-page notice released alongside the order includes at least 80 separate questions about how it should structure the program.

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