Kimberley Kao

Iran Conflict Puts Oil Shock Back on Asian Central Banks’ Radar Renewed conflict in the Middle East poses a fresh headache for Asia’s central banks, reviving inflation risks just as price pressures had steadied across much of the region.

There's a flood of commentary and worry over what's happening in the #MiddleEast... Here's some analysis in one place.

Asia’s central banks may face fresh headaches over the #Iran conflict, but the scale of impact will depend on how long the conflict lasts.

Read more: www.wsj.com/articles/ira...

Standard Chartered Names Interim CFO as De Giorgi Exits to Join Apollo The bank said De Giorgi is stepping down as executive director and group CFO, effective immediately.

Standard Chartered's Group CFO leaves for Apollo. The bank's Hong Kong-listed stock fell over 6%, as the move came abruptly ahead of the bank's FY earnings results.

www.wsj.com/business/c-s...

Last month, #Rakuten Medical’s president Minami Maeda spoke exclusively to me about their latest #fundraising round of $100 million, exceeding their initial goal as they keep their eye on the next target: receiving FDA approval for their #cancer treatment.

newsplus.wsj.com/article/real...

#Scoop: #Uber CEO Dara Khosrowshahi will visit Asia next week — his first time in Taiwan and Hong Kong as CEO, with stops in Japan and South Korea, said a spokesperson, calling the region a “source of innovation” for #EV & #autonomousvehicles. He’ll meet govt officials, biz leaders, and staff.

Tech Outage Halts Trading in U.S. Stock Futures, Other Key Markets CME’s equity, bond and commodity futures were hit by a problem at a data center.

Trading of futures and options on exchanges operated by CME Group were hit by a data-center problem.

Tech Outage Halts Trading in U.S. Stock Futures, Other Key Markets CME’s equity, bond and commodity futures have been hit by a problem at a data center.

Trading of futures and options on exchanges operated by #CME Group has been halted for hours, disrupting some of the world’s most liquid futures markets for treasuries, commodities such as #oil, and other financial instruments. The issue? A #datacenter cooling problem. www.wsj.com/finance/cme-...

Singapore Airlines Profit Plunges on Air India Losses Singapore Airlines’ profit dropped 82% in its second quarter, dragged by losses from associate Air India and lower interest income.

Rough skies ahead for #SingaporeAirlines, which posted a steep #profit dive as its stake in #AirIndia continues to drag earnings.

#aviation #AsiaMarkets

www.wsj.com/business/ear...

India’s ChrysCapital Closes Record $2.2 Billion Fund, Eyes More Deals The private-equity firm, which has raised close to $8.5 billion across 10 funds, said it added more than 30 new global investors, including public pension funds, insurers, asset managers and family of...

#Privateequity firm #ChrysCapital has raised a record-setting $2.2 billion buyout fund in #India - 60% larger than the last and its first with #domestic investors. Expect more #control deals ahead. More in our #interview:

www.wsj.com/articles/ind...

India’s IPO Engine Runs Hot Despite Some Soft Debuts EY data show that India had more IPOs in the first three quarters of the year than anywhere else in the world.

#India’s #IPO market is on fire— it’s the world’s busiest this year, even without AI firms. And it’s not done yet, with more billion-dollar listings on the way. We asked analysts what’s fueling the optimism, and what the headline numbers don’t show:

www.wsj.com/finance/indi...

“Every single layer of computing has fundamentally been changed” by AI, said Nvidia CEO Jensen Huang in South Korea. We’re talking about a company that just became the first in the world to hit a $5T market cap.
The deals sent shares of Samsung Electronics up 3% and Hyundai Motor up 9%.

AI chip startup Groq, last valued at $6.9B, says it plans to break ground on 12+ new data centers in 2026; Groq has set up 12 data centers in 2025 so far (Kimberley Kao/Wall Street Journal)

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