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ASIAN SOVEREIGN WEALTH FUNDS
HCLTech to set up Rs 14,257 crore AI data centre in Odisha with SarvamHCLTech will establish its first AI Data Center in Odisha. This significant project involves a capital outlay of Rs 14,257 crores. The init...
Where to invest Rs 10 lakh for maximum advantage: equity, a hybrid instrument or debt?Financial planning: Investing ten lakh rupees requires aligning financial goals with suitable timeframes. Short-term goals necessitate cons...
Global Market: GIC to invest $30 billion more in hedge funds, doubles down on AISingapore's sovereign wealth fund GIC plans significant new investments. The fund will allocate an additional thirty billion dollars to hed...
Global Market: HSBC to sell Singapore insurance business to Allianz in $2.09 billion dealHSBC will sell its Singapore life and health insurance business to Allianz. This deal values the unit at S$2.7 billion and is expected to c...
HSBC sells Singapore insurance unit to Allianz in $2.1 billion dealHSBC will sell its Singapore life and health insurance business to Allianz. This deal is valued at S$2.7 billion and is expected to close i...
Number of space startups rose from one in 2014 to over 400 in 2026: Government to Rajya SabhaIndia's space sector has seen significant growth since private players entered in 2020. Over 400 space start-ups now exist, attracting more...
Indonesia's Danantara plans dollar bond sale worth at least $500 mln, sources sayDanantara, Indonesia's sovereign wealth fund, plans to issue dollar bonds worth $500 million. These long-dated bonds will extend the fund's...
Pakistan seeks $10 billion fund from US after mediating Iran talksPakistan has requested a ten billion dollar exchange stabilization facility from the United States. This loan aims to boost foreign reserve...
Singapore's Temasek joins race for a slice of the $18.5 billion IPLSingapore's Temasek is exploring investment opportunities within India's Indian Premier League. The league attracts sovereign wealth funds ...
Pakistan seeks $10 billion US stabilization facility to shore up reservesPakistan has requested a ten billion dollar exchange stabilization facility from the United States. This loan aims to bolster foreign excha...
Global Market: Private capital crucial to Europe's defence push as funding bottlenecks persistPrivate investment will be crucial to funding Europe's growing defence industry as government budgets remain constrained, finance executive...
Global Market: Indonesia stocks attract bargain hunters as AI rally loses steamGlobal investors are shifting funds into Indonesia's stock market, which has seen significant declines. This rotation occurs as the rally i...
India says no proposal to offer long-term tax relief for domestic equity investorsIndia's finance ministry confirmed no plan to remove equity LTCG tax. This clarification follows recent tax easing for foreign investors in...
Is Korean stock market turning into open casino? How retail leverage is fueling wild swingsMemory chip bellwethers SK Hynix and Samsung Electronics make up just over half of the benchmark Kospi. Much of the stock market’s previous...
Riyadh Air orders 34 Boeing, Airbus widebody jets in expansion pushRiyadh Air has ordered thirty-four widebody aircraft from Boeing and Airbus. The airline will receive twenty-eight Boeing 787 Dreamliners a...
Zepto IPO anchor book nears closure; Norges, Motilal Oswal may take 40-45%In a notable financial move, major investors like Norges and Motilal Oswal are expressing a keen interest in Zepto's upcoming initial publi...
Saudi Arabia-backed developer seeks World Cup stadium investors, sources saySaudi Arabia's ROSHN Group is seeking investors for its Aramco Stadium venue. JPMorgan is managing the fundraising process for this signifi...
Temasek offloads 2% stake in Lenskart for Rs 1,945 croreThe sale was done on July 10 through open market transactions, taking Temasek's stake in Lenskart down to 4.75% from 6.8% earlier. On July ...
Global Market: GIC reshuffles senior investment leadership, names two deputy group CIOsSingapore sovereign wealth fund GIC has appointed two deputy group chief investment officers and named a new chief investment officer for i...
Global Market: Sovereign wealth funds pivot to strategic investments as AI takes centre stageSovereign wealth funds are increasingly prioritising national strategic goals over pure financial returns, with artificial intelligence and...