{
}
Granite Asia and Japan’s Integral Corporation have launched Granite-Integral, a joint venture focused on cross-border investments in Japan, with an initial capital of US$100 million from both partners. The initiative aims to support high-growth tech companies entering Japan and assist Japanese firms in expanding internationally, particularly in Southeast Asia. Co-led by CK Choun and Joe Yan, the venture will tackle regulatory and cultural challenges faced by global tech companies in Japan.
Taobao is launching an English app in several Asian markets, aiming to enhance its appeal to non-Chinese customers and address past shopping challenges. While it leverages its connection to Lazada, it faces competition from established players like Shopee, known for better returns and after-sales support. The platform's clothing quality has reportedly improved significantly, prompting a potential resurgence in interest among shoppers.
Southeast Asia's tech scene faces challenges as startup funding declines for the third consecutive year, with only a few deals reported this week. Notable funding includes India's Apna Mart raising $25 million, while M&As feature Dubdub.ai's acquisition by Observe AI. Despite setbacks, there is optimism for continued innovation and problem-solving in the region.
Goldman Sachs has shown confidence in Hindustan Aeronautics Ltd (HAL) and Zomato by purchasing significant shares in block deals on March 28, 2025. It acquired 385,774 shares of HAL at ₹4176.25 each, while also buying 6,007,412 shares of Zomato at ₹199.50 each, both from the Kadensa Master Fund. HAL's stock has surged over 35% in the past month, bolstered by positive earnings outlooks and new contracts with the Ministry of Defence.
On March 28, Goldman Sachs acquired shares worth ₹281 crore in HAL and Zomato, purchasing 3.85 lakh and 60.07 lakh shares, respectively, at prices ranging from ₹199.5 to ₹4,176.25. The deal, valued at ₹280.96 crore, coincided with Kadensa Capital selling the same number of shares. In the broader market, domestic equity benchmarks closed lower amid investor caution over US tariffs and upcoming PCE data, with the BSE benchmark Sensex gaining over five percent in FY25 despite a volatile trading environment.
UBS is advised to consider relocating from Switzerland as a contingency plan due to potential regulatory challenges. Analyst Stefan Stalmann suggests moving the option from "Plan D" to "Plan B," with New York identified as the most favorable destination. UBS may face a need for up to $30 billion in additional equity capital, and a shift away from its Swiss base could risk losing a significant portion of its $2.1 trillion in assets under management.
Goldman Sachs has appointed Steve Critchlow as head of client onboarding in EMEA, transitioning from Barclays where he was global head of client onboarding. This role, while seemingly mundane, is vital for improving client service efficiency, especially as Goldman aims to expand its client base from 100 to 150 top clients. Critchlow's practical approach is expected to address onboarding challenges that have previously affected other banks.
UBS has adopted a selective approach to real estate stocks, favoring those with strong growth potential, pricing power, and solid cash flows. The firm sees opportunities in companies with profitable pipelines and attractive yield gaps, while noting that Japanese developers are performing well, but REITs face challenges from rising interest costs. In Europe, short-term uncertainties persist, yet gradual improvements are expected, particularly in the US and Australian markets, while Hong Kong developers may benefit from stabilizing fundamentals in mainland China.
NXP Semiconductors is collaborating with Vanguard International Semiconductor Corporation to establish a wafer manufacturing facility in Singapore. Southeast Asia faces significant climate challenges but also has immense potential for renewable energy, requiring an estimated US$1.5 trillion by 2030 for green investments, which have only reached US$45 billion since 2021. The region's dynamic economy, driven by e-commerce, fintech, and AI, is projected to grow by 4.6% in 2025, outpacing major economies like China.
NKN Media has raised AED 35 million and plans to secure an additional AED 50 million to fuel its global expansion and develop new intellectual properties. Celebrating five years in Dubai, the company is set to launch a global tour and has a lineup of significant events in 2025, including the Ultimate Realty Awards and the debut of Majlis Premium, a startup fundraising forum. Additionally, NKN Media is expanding into inflight media and OOH sectors, aiming to enhance its presence in high-impact media segments.
SGP
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Granite Asia and Integral Corporation launch joint venture for cross-border investments
17:45 31.03.2025
taobao expands cross-border offerings to enhance shopping experience in asia
United States Dollar
Japanese Yen
Singapore Dollar
Chinese Yuan
Indonesian Rupiah
Grab2Go AS
PHL
SGP
MYS
IDN
CHN
Show more
11:30 30.03.2025
southeast asia startup funding declines as major deals bypass the region
United States Dollar
Saudi Riyal
Australian Dollar
Chinese Yuan
AUS
PHL
SAU
SGP
ISR
CHN
IND
Show more
10:30 29.03.2025
Goldman Sachs bullish on Hindustan Aeronautics and Zomato shares in block deals
05:08 29.03.2025
Goldman Sachs completes block deal acquiring HAL and Zomato shares
16:59 28.03.2025
ubs considers relocation as regulatory pressures mount in switzerland
15:42 28.03.2025
Goldman Sachs appoints Barclays executive to enhance client onboarding efficiency
British Pound Sterling
The Goldman Sachs Group, Inc.
Credit Suisse Strategic Income I
Barclays PLC
SGP
GBR
Steve Critchlow
Show more
13:11 28.03.2025
ubs adopts selective approach to real estate stocks amid market uncertainties
Japanese Yen
Australian Dollar
Singapore Dollar
United States Dollar
Euro
SGP
AUS
HKG
GBR
JPN
USA
Show more
11:56 28.03.2025
southeast asia's dynamic growth and investment opportunities in technology and sustainability
United States Dollar
AnyMind Group Inc.
Google Inc.
NXP Semiconductors N.V.
NVIDIA Corporation
Bain & Company Inc.
Vanguard International Semiconductor Corporation
THA
SGP
CHN
MYS
IDN
Adrianto Djokosoetono
Tessa Wijaya
Aaron Tanti
Show more
04:30 28.03.2025
NKN Media secures funding for global expansion and new media ventures
02:12 28.03.2025
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Banking Regulations
Finance Mergers & Acquisitions
Global Financial Events
Retail and Consumer Goods
Central Bank Actions
GDP Growth & Recession Forecasts
CEO Changes
Global Trade Developments
Financial Scams and Security
Industry Mergers & Acquisitions
Market Analysis and Predictions
Inflation and Monetary Impact
Government Policies
Government Economic Policies
Supply Chain Management
Domestic Politics
Workplace Trends
Countries:
Companies:
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Apple Inc.
Bank of America Corporation
Barclays PLC
Wells Fargo & Company
Citigroup Inc.
Deutsche Bank Money Market PP
Morgan Stanley
Huawei Technologies CO. Ltd.
Lloyds Banking Group plc
Credit Suisse Strategic Income I
AXA SA
Safran SA
Banco Santander, S.A.
Novartis AG
Swiss Re AG
Beazley plc
UBS AG
Currencies:
United States Dollar
Euro
Chinese Yuan
British Pound Sterling
Swiss Franc
Japanese Yen
Indian Rupee
Russian Ruble
Canadian Dollar
Australian Dollar
United Arab Emirates Dirham
Saudi Riyal
Danish Krone
Offshore Chinese Yuan
Mexican Peso
Indonesian Rupiah
South Korean Won
Malaysian Ringgit
Vietnamese Đồng
New Zealand Dollar
People: