Keppel Secures S$2B from Global Investors for Future-Driven Funds
Singapore-based Keppel has made a significant stride in its global growth journey, securing nearly S$2 billion (US$1.53 billion) in capital commitments from institutional investors worldwide for its flagship funds. In a statement released on Monday, Keppel shared that the funding will support its Keppel Data Centre Fund III, Keppel Education
SC Capital Eyes Global Switch in $5 Billion Data Centre Deal
In what could be a defining move in the global data centre space, Singapore-headquartered real estate investment manager SC Capital Partners is in talks to acquire Global Switch, a leading British data centre company, according to sources close to the matter. The deal, if it materialises, could value Global Switch
Foxconn Shifts Gears: Hosting Japan Seminar to Unveil EV Vision
Foxconn, best known for assembling iPhones and AI servers, is shifting focus to the road ahead—literally. The Taiwanese manufacturing giant is hosting a seminar in Japan on April 9 to outline its electric vehicle (EV) strategy, aiming to strengthen ties with Japanese automakers after landing a major deal with Mitsubishi
$53 Billion AI Revolution: Alibaba’s Boldest Move Ever
In the latest turn of events, Alibaba Group Holding Ltd. plans to invest more than 380 billion yuan, roughly amounting to $53 billion in the coming 3 years, to develop data centres to fuel its ambition of becoming the leader in AI. Alibaba, the internet giant co-founded by Jack Ma,
Samsung Leads Global TV Market, LG’s Right Behind
According to the market research firm Omdia, Samsung and LG have once again reaffirmed their hold on the global TV market, achieving significant milestones and setting new records. Samsung retained its position as the global leader in TV sales for the 19th consecutive year, while LG continued to dominate the
Leadership Lessons from Shiv Nadar: The Silent Architect of India’s Tech Renaissance
“True leadership is about creating opportunities for others to succeed, and in doing so, building a legacy that extends beyond yourself.” This quote aptly captures the essence of Shiv Nadar, the founder of HCL Technologies and Shiv Nadar Foundation, whose journey exemplifies innovation, determination, and philanthropy. A tech pioneer and
Alibaba’s AI Model Outperforms DeepSeek R1 AI Model
Asian countries like China are making huge waves in AI amidst the ongoing technological revolution. Recently, DeepSeek, a Chinese company, released its AI model that surpassed ChatGPT’s performance. Now, the e-commerce giant Alibaba has released its own AI model, Qwen 2.5-Max, which the company claims will beat the performance of
Outmaneuvering Global Constraints
Trade sanctions are increasingly used as geopolitical tools, targeting critical economies and industries. For Asian businesses, the intricate web of sanctions creates challenges and opportunities for strategic realignment. The pivot from “instructional guidance” to “directional guidance” has shifted the compliance burden onto companies. Moreover, Trade sanctions have surged in complexity,
Turning Surprises into Success: The Power of Serendipity in Innovation
Imagine a world where every innovation is brought about by deliberate brainstorming or countless hours of meticulous planning. This might seem logical, but that is not how the real world works. In the 1970s, the 3M factory was working hard to produce a strong glue. This was when Dr. Spencer
Bank of Japan Set to Create New Record with Rate Hike
In recent events, Reuters mentioned that the Bank of Japan (BOJ) is expected to increase interest rates to record-high levels in the last 17 years when US President-elect Donal Trump takes office. This move will lift the borrowing cost in Japan to record high levels since the 2008 financial crisis.