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Chinese banks, Australia's Macquarie tiptoe into Asian oil finance void
SINGAPORE: Chinese national banks and Australia's Macquarie Group are quietly filling some of the multi-billion-dollar hole in Asian oil financing after the withdrawal of traditional European lenders, hurt by a raft of defaults and fraud allegations.
Tokyo Games transition from Mori to Hashimoto is seamless - IOC
BERLIN (Reuters) - The handover of power at the Tokyo Olympic organising committee to Seiko Hashimoto from Yoshiro Mori has been seamless with Hashimoto showing she is fully prepared to take on the job, the International Olympic Committee (IOC) said on Wednesday.
Seda appoints new CEO
KUALA LUMPUR: Sustainable Energy Development Authority (Seda) Malaysia has appointed Datuk Hamzah Hussin as its new chief executive officer, effective Feb 22,2021
Growing its investments
TOKYO: SoftBank Group Corp plans to expand its investments in the biotech and health-care sector, opening up a new front in its growing asset management strategy, according to people familiar with the matter.
Singapore’s biggest developer posts full-year loss
SINGAPORE: CapitaLand Ltd, Singapore’s largest developer, posted a record full-year loss after writing down the value of some investment properties and residential projects during the pandemic.
SEDA appoints Hamzah Hussin as CEO
KUALA LUMPUR: Sustainable Energy Development Authority (SEDA) Malaysia has appointed Datuk Hamzah Hussin as its new chief executive officer, effective Feb 22, 2021.
Indonesian venture capital firms upbeat about investments, IPOs
JAKARTA (The Jakarta Post/ANN): Venture capital (VC) firms are bullish about investment growth in Indonesia and Southeast Asia in the medium term after seeing strong growth in start-up financing last year.
Infinity Q to shut US$1.8bil fund amid SEC probe
NEW YORK: Infinity Q Capital Management is shutting a US$1.8bil mutual fund after learning that the US Securities and Exchange Commission is investigating whether the firm’s chief investment officer incorrectly valued complex derivatives.
Digi updates its postpaid mobile plans to offer more savings
Digi's updated lineup of postpaid mobile plans boasts a variety of discounts, with cheaper add-ons for family lines and related packages like its phone contracts and fibre broadband.
SoftBank Vision Fund set for new portfolio king
TOKYO: SoftBank’s US$100bil Vision Fund is poised to have a new number-one asset in its portfolio with the upcoming flotation of top South Korean e-tailer Coupang, furthering a turnaround that has seen the fund yo-yo from huge losses to record profit.
