Yuanta Securities (Cambodia) acted as the lead manager and underwriter for a transaction with three tranches worth a total of $49m; the proceeds will finance a 60MWac solar photovoltaic (PV) plant with an integrated battery energy storage system.
US president Donald Trump has ordered a 90-day pause on retaliatory tariffs above the 10% already imposed, except for Chinese goods, with tariffs now at 145% after China retaliated; Trump has now put tariff exemptions on smartphones, electronics and computers.
Global stock markets are tumbling as US president Donald Trump unveils sweeping global tariffs, with many Asian economies hit hard; many fear the move could spark a global trade war as China's retaliation to hit US chip imports, and US recession fears climb.
Demographics, economic growth and government initiatives are bolstering demand to provide more investment into India's healthcare infrastructure, as overall PE sentiment in the region improves.
Analysts are betting that US president Donald Trump and his Chinese counterpart Xi Jinping will strike a deal, which would spur US players to buy Chinese stocks, just as overall sentiment for mainland China and Hong Kong improves.
Capital Group's Andy Budden, investment director, equities, and Manusha Samaraweera, investment director, fixed income, discussed US productivity growth, high tech valuations, rate cuts, the importance of multinationals, and more, in Singapore last month.
Bubble tea maker Mixue has joined the market as it bounces back with a flurry of listing activity expected this year, with mainland Chinese investors increasing use of the Stock Connect; Middle East firms could also seek listings, although other foreign firms could be harder to attract.
The release of a competitive low cost large language models not only shifts the AI narrative away from expensive hardware, but also prompts debate about a potential inflection point for fund managers, with some models potentially not surviving.