Tag: Investment
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Albania’s big bet on Kushner-Trump: Who wins?
Albania’s “flamingo revolution” pits a protected island against plans by Jared Kushner and Ivanka Trump. What does it reveal about real estate as geopolitics — and can small countries ever get a fair deal?
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SpaceX IPO earns millions for US Small Business Administration head Kelly Loeffler
WASHINGTON, July 17 : U.S. Small Business Administration head Kelly Loeffler multiplied the value of her investment in Elon Musk’s SpaceX after she was nominated for the job, earning millions of dollars from the company’s record initial public offering, a Reuters review of her financial disclosures showed.Loe
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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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Databricks valued at $188 billion after Coatue-led investment, WSJ reports
July 16 : Investment firm Coatue Management is leading a $3 billion investment in data analytics provider Databricks that values the company at $188 billion, the Wall Street Journal reported on Thursday, citing people familiar with the matter.Databricks, one of the world’s most valuable privately held technol
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Why Gulf states are investing billions in Africa
Wealthy Gulf states are investing billions in African countries. But the nations involved all have different objectives. What’s behind the investments and what’s in it for African countries?
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TSMC pledges another $100bn to expand US production in Arizona
The company says it will create “high-tech, high-paying jobs”, and raises its total commitment to the US to $265bn.
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Intel announces $5.7 billion AI-driven capital investment in Ireland
LEIXLIP, Ireland, July 13 : Intel has begun a €5 billion ($5.7 billion) capital investment to upgrade its Irish campus and expand its European output to meet growing global demand for AI and high-performance computing, the U.S. chipmaker said on Monday.Intel said the move would upgrade and maximize capacity
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SK Hynix CEO sees worst memory shortage in 2027, demand to outstrip supply beyond 2030
SEOUL/NEW YORK, July 10 : SK Hynix Chief Executive Kwak Noh-jung said the global memory industry is heading for its worst-ever supply shortage in 2027, forecasting that demand for memory will continue to exceed the company’s ability to produce it well into the next decade despite aggressive capacity expansion.
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US firms remain committed to Singapore, but rising costs could affect future investment: AmCham CEO
Dr Lei Hsien-Hsien, CEO of the American Chamber of Commerce in Singapore, tells CNA that artificial intelligence and hiring challenges are also reshaping how companies decide where to invest.
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SK Hynix to spend $64 billion on memory chip plants under broader AI investment plan
SEOUL, July 2 : SK Hynix said it would invest 100 trillion won ($64.38 billion) to build new chip plants, including one for NAND flash memory, as part of a massive South Korean investment drive aimed at spreading returns from the AI boom beyond Seoul. The projects in the central city of Cheongju outlined on…
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