Microsoft has once again expanded its growing suite of generative AI tools with the launch of Bing Video Creator, a feature within the Bing mobile app (for both iOS and Android) that enables users to generate short video clips from simple text prompts. Powered by OpenAI’s cutting-edge video generation model, Sora (previously restricted to paying […]

Universal Robina Corporation (URC), the Gokongwei family-owned food and beverage powerhouse behind brands like Jack ’n Jill chips and C2 iced tea, has drawn the attention of one of the world’s largest asset managers. U.S.-based Capital Group Companies Inc. (CGC) has quietly accumulated a 5.052 percent stake in URC, claiming 108.11 million common shares through […]

Kingdom’s Bold AI Ambition Takes Center Stage HUMAIN, the kingdom’s newly founded artificial intelligence company backed by the sovereign Public Investment Fund (PIF), is preparing to unveil a staggering $10 billion venture capital fund this summer. Dubbed HUMAIN Ventures, the fund is set to back the next generation of AI innovators across the United States, […]

The Deal at a Glance Donald Trump’s media arm, Trump Media & Technology Group (TMTG), operator of Truth Social and associated platforms, announced on May 27, 2025, that it has secured a $2.5 billion financing package from roughly 50 institutional investors to build what it terms a “bitcoin treasury.” The package comprises $1.5 billion in […]

Introduction In a bid to bolster China’s economic recovery amid domestic headwinds and external uncertainties, the People’s Bank of China (PBOC) on Monday injected 382 billion yuan (approximately US $53 billion) into the banking system via seven-day reverse repurchase agreements at a rate of 1.40 percent . After 135 billion yuan of maturing repos rolled […]

A Landmark US$5 Billion Investment IFCX, one of Asia’s leading international real estate brokerage holding companies, has secured a strategic investment of over US$5 billion from Black Spade Capital, the family office chaired by Macau casino magnate Lawrence Ho. The agreement, formalized at a signing ceremony in Hong Kong on May 20, 2025, marks a […]

Key Points: SSE’s revised investment blueprint British utility SSE announced on Wednesday that it will scale back its planned capital investment over the next five years by approximately £3 billion (about $4.04 billion), trimming total spending from £20.5 billion to £17.5 billion (Reuters). This 15% reduction reflects a confluence of factors—project delays, supply-chain disruptions, and […]

DP World has unveiled a US $2.5 billion investment programme for 2025 designed to bolster its end-to-end supply-chain capabilities across four continents (DP World). This landmark commitment underlines the company’s confidence in sustained global trade growth, even as macroeconomic headwinds persist. Sultan Ahmed bin Sulayem, Chairman and Group CEO, emphasized that “global trade is evolving […]

Introduction Saudi Arabia’s Public Investment Fund (PIF) gathered over 1,000 board members and senior executives in Riyadh for its second Directors’ Gathering, underscoring the Kingdom’s ambition to refine governance across its rapidly expanding global portfolio. Launched in 2023 as a cornerstone of PIF’s corporate excellence agenda, the forum has grown into a flagship event for […]