Posts by Nathan Pine
SK Hynix seeks access to AI investors in US$29 billion Nasdaq listing
THIS week’s US$29 billion US stock-market listing for SK Hynix may be the biggest-ever first-time share sale by a foreign company, but it is not just about raising cash. It is also about competing in the hottest corner of the global stock market – memory chips used in artificial intelligence computing. For years, the South…
Read MoreEnergy-hungry Asia is already drawing lessons from Iran crisis
Policymakers are recalibrating their energy priorities – and nowhere more so than Asia [SINGAPORE] There is still no lasting peace deal in the Persian Gulf, but energy-hungry Asia is already drawing energy lessons from four months of war: it needs bigger buffers, a greater diversity of fossil-fuel suppliers and a better mix of power sources…
Read MoreHSBC, Standard Chartered weigh significant risk transfers as Asia-linked deals ramp up
Such moves allow banks to manage default risk on loan books, boost solvency ratios, free up regulatory capital Published Fri, Jul 3, 2026 · 07:11 PM HSBC is laying the groundwork for a significant risk transfer (SRT) linked to a portfolio of Asia-Pacific loans as it ramps up use of the hedging instrument. The bank…
Read MoreLatest Jobs Report Shows Labor Market Is Not a Source of Inflationary Pressure
Kevin M. Warsh made one thing abundantly clear in his first weeks as chairman of the Federal Reserve. With inflation running for five years above the central bank’s 2 percent target, the Fed would put achieving price stability over just about everything else. A steady labor market gives Mr. Warsh the space to do so,…
Read MoreWall St opens higher after June jobs report eases rate-hike bets
Published Thu, Jul 2, 2026 · 09:42 PM [NEW YORK] Wall Street’s main indexes opened higher on Thursday (Jul 2) after a softer-than-expected employment report for June tempered expectations for interest-rate hikes by the Federal Reserve. The Dow Jones Industrial Average rose 90.0 points, or 0.17 per cent, at the open to 52,395.22. The S&P…
Read MoreMeta is building a cloud business to sell excess AI computing power
It will run the data centres and chips that power the models and charge developers to access them Published Wed, Jul 1, 2026 · 10:58 PM META Platforms is developing plans for a cloud infrastructure business that will sell access to AI computing power and models, setting up a new vector of competition with industry…
Read MoreAmazon’s AWS commits US$1 billion toward new unit for embedded AI engineers
Forward-deployed engineering is a rare bright spot among tech companies that have been retrenching staff Published Tue, Jun 30, 2026 · 11:25 PM [SAN FRANCISCO] Amazon said on Tuesday (Jun 30) it is creating a new division under its Amazon Web Services cloud unit employing so-called forward-deployed engineers who embed with customers to help them…
Read MoreUS Supreme Court rejects Trump’s unprecedented bid to fire Fed’s Cook
[WASHINGTON] The US Supreme Court refused on Monday to let Donald Trump fire Federal Reserve Governor Lisa Cook as it stood firm to preserve the central bank’s cherished independence against an unprecedented challenge by the Republican president. The court, in a 5-4 ruling, blocked Trump’s bid to become the first president to remove a Fed…
Read MoreSaudi Aramco helicopter crash kills 14 nationals
This comes as Middle East producers ramped up oil and gas output and exports ahead of the US-Iran peace deal Published Sun, Jun 28, 2026 · 09:15 PM [DUBAI] A helicopter belonging to Saudi oil giant Aramco crashed on Sunday (Jun 28) in Ras Tanura on Saudi Arabia’s eastern coast on the Gulf, west of…
Read MoreMercedes, GIC to back autonomous driving firm Momenta’s Hong Kong IPO: sources
The firm is targeting to raise about US$750 million to US$800 million from the offering Published Sat, Jun 27, 2026 · 12:31 PM [HONG KONG] Momenta Global, the Chinese autonomous driving startup, has roped in carmaker Mercedes-Benz and Singapore wealth fund GIC as cornerstone investors for its Hong Kong IPO, people with knowledge of the…
Read MorePolestar barred from future US sales under Chinese tech rules
The rules are designed to block connected vehicles with Chinese software, hardware or ownership ties on national security grounds Published Fri, Jun 26, 2026 · 10:02 PM POLESTAR Automotive Holding UK has been denied authorisation to sell future models in the US from next year under connected-vehicle rules aimed at limiting Chinese technology. Polestar, which…
Read MoreApple Raises Prices on Macs and iPads Amid the A.I. Boom
Apple raised the prices of its Macs and iPads on Thursday, citing the soaring costs of memory and storage chips as the artificial intelligence boom has created a frenzy for the components. Apple increased prices on some laptop and tablet models $200 or more. A base model of the MacBook Pro, for example, now costs…
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