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HSBC to set up joint fund targeting emerging-market issuers
THE asset management unit of HSBC Holdings is teaming up with International Finance Corp (IFC) to create a joint fund designed to support corporate bond issuers in emerging markets. The…
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Oracle to invest US$6.5 billion to set up cloud facilities in Malaysia
ORACLE plans to invest more than US$6.5 billion to set up its first public cloud region in Malaysia, the company said on Wednesday (Oct 2), the latest major investment by…
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Vance, Walz Set For US VP Debate Clash
US vice presidential contenders J.D. Vance and Tim Walz face off in what could be an unusually important undercard debate Tuesday as they compete for decisive votes in America’s heartland…
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AI Set to Reshape India’s Job Market, Finds BSI Report
9 in 10 Indian biz leaders expect job displacement from AIIANS Artificial Intelligence (AI) is on the brink of bringing about significant changes in the job market, according to a…
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India regulator set to curb booming options frenzy as risks abound
INDIA’S securities market regulator will consider rules to limit a surge in derivatives trading in the nation, sources familiar with the matter said after growing retail participation took the speculative…
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India’s Electronics Industry Set to Surge Toward $500 Billion Milestone
Electronics players seek comprehensive support for local TV manufacturingIANS India‘s electronics manufacturing industry is on a rapid growth trajectory, with a target to reach $500 billion in local manufacturing by…
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Rate cuts set gold on track for best quarter in eight years
GOLD prices were heading for their best quarter in more than eight years on Friday (Sep 27), having hit a series of record highs in recent sessions as the start…
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Singapore LNG demand set to jump on AI and data centre boom
SINGAPORE will see a short-term increase in liquefied natural gas demand, due in part to the AI boom that’s driving data centre growth, according to the country’s state-owned importer of…
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Asia jet-maintenance crunch is set to persist, repair firm warns
ASIA’S rapidly expanding airlines may face long waits to have their aircraft repaired and maintained amid surging demand, one of the region’s fastest-growing jet maintenance, repair and operations firms has…
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US Set To Have Busiest Week On Death Row In 20 Years
A death row inmate who was executed in South Carolina is set to be quickly followed by four others across the U.S., marking a pace of death sentences carried out…
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US FTC set to greenlight Chevron’s US$53 billion buy of oil rival Hess: sources
THE US Federal Trade Commission (FTC) is expected to greenlight US oil producer Chevron’s purchase of Hess as soon as this week, two sources familiar with the matter said, leaving…
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RBA set to extend rate pause as housing crisis props up prices
AUSTRALIA’S record household debt was a key factor in the Reserve Bank of Australia’s (RBA) cautious approach to tightening, and now housing is an important consideration in the RBA becoming…
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US Set To Announce Planned Ban On Chinese Vehicle Technology: Report
National security concerns are instigating an expected announcement Monday by the Biden administration of a plan to ban Chinese software and hardware from self-driving and “connected” vehicles in the U.S.…
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Marxist Leader Set To Become Sri Lanka’s Next President
A previously fringe Marxist politician was on course Sunday to become Sri Lanka’s next leader after a presidential vote coloured by discontent over the island nation’s response to an unprecedented…
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Tokyo Metro, Rigaku set stage for US$3 billion Japan IPOs as listings gather pace
JAPAN’S Tokyo Metro and Rigaku on Friday (Sep 20) kicked off the processes to launch a combined US$3.1 billion in initial public offerings (IPOs) next month, according to term sheets,…
