Tag: assets
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Character.AI files for bankruptcy, agrees to sell some assets for $20 million
Oct 12 : Character.AI said on Monday it had filed for Chapter 11 bankruptcy in the US and agreed to sell some of its assets to Walt Disney for $20 million.Here are some details about the bankruptcy and sale proceedings:• Character.AI said it has begun the formal process to sell assets, including a l
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CDL to divest S$6 billion over 3 years, CEO pledges ‘unwavering focus’ on execution of new strategy
If completed, the divestments would represent around one-sixth of the company’s existing assets.
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Why are European banks moving gold out of United States?
The Netherlands and France have moved their gold out of US vaults. Part of the reason is fears about the reliability of the US, but equally important is the need to keep gold closer to home in the event of a crisis.
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Singapore rolls out new foreign work pass track, tax exemptions for asset management industry
The central bank will also introduce a new hedge fund investment programme to anchor global and regional players in Singapore.
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Nigeria’s plan to tax crypto transactions could undermine adoption, industry says
LAGOS, Aug 6 : Nigeria has introduced stamp duty on certain crypto transactions and withholding taxes that industry players say could undermine adoption of digital assets in one of the world’s most active retail crypto markets.The tax authority released rules for cryptocurrencies, stablecoins, non-fungible to
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Blackstone beats profit estimates on AI gains as assets hit $1.35 trillion
July 23 : Blackstone’s second-quarter income rose to beat market expectations on Thursday, as the world’s largest alternative asset manager benefited from growing assets under management and reaping profits from a mammoth bet on artificial intelligence.The New York-based company said inflows in the quarter pu
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Japan PM vows to pursue steps to encourage domestic investment by GPIF
TOKYO, July 17 : Japanese Prime Minister Sanae Takaichi said on Friday the government will pursue steps that encourage investment in domestic financial assets by households and state pension funds including Government Pension Investment Fund (GPIF).Under law, investments by state pension funds must be conduct
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Trump invested crypto gains in stocks and bonds, filings show
July 13 : President Donald Trump’s financial disclosures show that even as he and his two eldest sons were encouraging investors to plow their money into crypto projects — which resulted in steep losses for retail buyers — his money managers were investing a significant portion of the proceeds into safer h
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Japan signals pension push into domestic assets, sparking rally in yen, bonds
TOKYO, July 10 : Japan’s finance minister said on Friday the government aims to steer the country’s vast state pension funds to “substantially” lift investments in domestic assets, sparking gains in the yen and bonds as investors bet billions of dollars could be channelled into Japanese markets.The comments p
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The investments that soared and slumped in the first half of 2026
The first half of 2026 has rewarded investors who backed the machinery behind AI and punished those who reached for crypto and gold, as the technology boom reshaped which assets thrived and which were left behind.
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