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China's ICBC launches $11 billion technology innovation fund
12 Mar 2025

China's ICBC launches $11 billion technology innovation fund

Industrial and Commercial Bank of China, the world’s biggest commercial lender by assets, announced on Wednesday the launch of an 80 billion yuan ($11.04 billion) technology and innovation fund to support the private economy.
Exclusive-TSMC pitched Intel foundry JV to Nvidia, AMD and Broadcom, sources say

Exclusive-TSMC pitched Intel foundry JV to Nvidia, AMD and Broadcom, sources say

12 Mar 2025
TSMC has pitched U.S. chip designers Nvidia, Advanced Micro Devices and Broadcom about taking stakes in a joint venture that would operate Intel’s factories, according to four sources familiar with the matter.
Automating finance

Automating finance

11 Mar 2025
Growth is the ultimate goal for any business, but it must be managed carefully to ensure long-term sustainability
Oracle gives strong long-term growth outlook as AI cloud demand soars

Oracle gives strong long-term growth outlook as AI cloud demand soars

11 Mar 2025
Oracle CEO Safra Catz on Monday gave a strong growth outlook for its fiscal 2026 and 2027, indicating that the skyrocketing demand for advanced artificial intelligence computing shows no signs of slowing down. 
China's Full Truck Alliance eyes Hong Kong listing, strong 2025 growth, says executive

China's Full Truck Alliance eyes Hong Kong listing, strong 2025 growth, says executive

10 Mar 2025
Full Truck Alliance (FTA), China’s "Uber for trucks", could revisit plans for a second listing in Hong Kong in the wake of a rebound in investor sentiment and an escalation in Sino-U.S. geopolitical tensions, a company executive said.
Activist investor Mantle Ridge builds a more than $1 billion stake in Cognizant, WSJ reports
10 Mar 2025

Activist investor Mantle Ridge builds a more than $1 billion stake in Cognizant, WSJ reports

Activist investor Mantle Ridge has built a stake worth more than $1 billion in consultancy firm Cognizant Technology, saying its shares are undervalued, the Wall Street Journal reported on Friday.
'Gamestop effect': retail traders seen behind Eutelsat's 650% surge

'Gamestop effect': retail traders seen behind Eutelsat's 650% surge

06 Mar 2025
Shares in Franco-British satellite operator Eutelsat rose on Thursday, bringing gains over four days to near 650% in a rally that bears the hallmarks of retail traders amplifying moves on a highly shorted stock.
South Korea plans $34 billion fund for strategic sectors like chips and autos

South Korea plans $34 billion fund for strategic sectors like chips and autos

05 Mar 2025
South Korea will establish a $34 billion policy fund to provide financial support to companies involved in strategic technologies such as chips and autos amid intensifying global  competition and protectionism, the government said on Wednesday. 
Amazon's cloud business to invest $8.2 billion in Indian state in coming years

Amazon's cloud business to invest $8.2 billion in Indian state in coming years

04 Mar 2025
Amazon’s cloud services provider, Amazon Web Services, will invest about $8.2 billion in India’s western state of Maharashtra over the next few years, the information technology ministry said on Monday.
India's Paytm receives notice from financial crime fighting agency, sees no business impact
03 Mar 2025

India's Paytm receives notice from financial crime fighting agency, sees no business impact

India’s Paytm received a show cause notice from India’s financial crime fighting agency on Saturday for allegedly violating the country’s Foreign Exchange Management Act.
Meta in talks to raise $35 billion for data center financing led by Apollo, Bloomberg News reports

Meta in talks to raise $35 billion for data center financing led by Apollo, Bloomberg News reports

27 Feb 2025
Apollo Global Management is in talks to lead a roughly $35 billion financing package for Meta Platforms to help develop data centers in the U.S., Bloomberg News reported on Thursday citing people with knowledge of the matter.
Europe's top AI plays extend slide, Microsoft data centre worries persist

Europe's top AI plays extend slide, Microsoft data centre worries persist

26 Feb 2025
Some of Europe’s most popular AI-linked stocks fell for a second day on Tuesday, after an analyst note late last week that flagged a possible slowdown by Microsoft on data centre leasing knocked sentiment ahead of make-or-break results from Nvidia.
Powering a new era in commercial onboarding

Powering a new era in commercial onboarding

25 Feb 2025
Redefining the customer journey from day one by automating and streamlining onboarding processes can take the banking experience to the next level for both corporate and commercial clients.

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