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LATEST

HSBC sells Singapore insurance business to Germany's Allianz in US$2.09 billion deal●Croatia's Podravka holds first-half profit at €41.1mn as pharma unit leads growth●Microsoft launches new in-house AI models it says cut costs up to 89% versus OpenAI●Cathie Wood buys $8.7 million of beaten-down AI stock●CLO Price Swings Dictated by Tokyo, Wharton-Led Study Shows●UK complacent about war threat, warns defence boss●AI boom raises stakes ahead of South Korea court ruling on SK chairman divorce payout●Morgan Stanley sends strong verdict on memory stocks●HSBC sells Singapore insurance business to Germany's Allianz in US$2.09 billion deal●Croatia's Podravka holds first-half profit at €41.1mn as pharma unit leads growth●Microsoft launches new in-house AI models it says cut costs up to 89% versus OpenAI●Cathie Wood buys $8.7 million of beaten-down AI stock●CLO Price Swings Dictated by Tokyo, Wharton-Led Study Shows●UK complacent about war threat, warns defence boss●AI boom raises stakes ahead of South Korea court ruling on SK chairman divorce payout●Morgan Stanley sends strong verdict on memory stocks●

Asia

GIC Posts Worst Five-Year Return Since 2013; US Still Top Market

mint - markets · 1h ago · 🇮🇳 India

GIC Posts Worst Five-Year Return Since 2013; US Still Top Market

Singaporean sovereign wealth fund GIC Pte reported its lowest five-year annualized return in more than a decade, after the giant investor reduced some of its risks earlier on and its bond holdings didn’t fully rebound.

Read the full story at mint - markets →

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