"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
葵盛圍地盤塌天秤一死 工會：切口平整或涉超重、金屬疲勞 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】有工會代表說天秤由40樓以上墮落，當時正在操作中。 工業傷亡權益會總幹事蕭倩文：「據了解天秤（折斷部分）長約4...
葵盛圍地盤塌天秤一死 工會：切口平整或涉超重、金屬疲勞 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】有工會代表說天秤由40樓以上墮落，當時正在操作中。 工業傷亡權益會總幹事蕭倩文：「據了解天秤（折斷部分）長約40米，闊約15米。根據地盤給予的資料，天秤每星期會檢查，今早都有檢驗過，我們要求警方和勞工處盡快徹查意外原因。」 香港建造業總工會理事長周思傑：「從相片可見，天秤倒塌的切斷位置非常平整，我們估計有數個原因。第一，吊運時會否用力過猛？所有天秤都有荷載，如超過荷載便有危險性，會否在吊東西時鋁模被石屎卡住，用力過猛引致折斷？會否金屬疲勞亦有可能，或者會否是燒焊位日子久了、做得不好？亦不排除。」
葵盛圍公營房屋地盤塌天秤 據報操作員當場死亡 勞工處派員到場調查 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】葵盛圍一個公營房屋地盤有天秤倒塌，一人死亡，據報為天秤操作員。救援人員仍在現場搜索是否有其他人被困，...
葵盛圍公營房屋地盤塌天秤 據報操作員當場死亡 勞工處派員到場調查 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】葵盛圍一個公營房屋地盤有天秤倒塌，一人死亡，據報為天秤操作員。救援人員仍在現場搜索是否有其他人被困，勞工處已派員到場調查意外原因。 天秤由高處跌落，近乎整段擱在山坡上，部分殘骸散落在對出馬路。疑似是天秤操控室擱在上坡的樹叢當中，連樹都被削開。消防架起長梯，派出消防和救護員在山坡上搜索救援。據報操作員當場證實死亡，救援人員用白布掩蓋。坍塌拯救專隊奉召加入，繼續搜索是否有人被困，災難應變救援車亦到場候命。 有附近居民說，事發時聽到一聲巨響。朱女士：「我都很害怕，不知道甚麼『嘭』一聲，我以為冧樓，可能是建樓那邊。」李先生：「剛才在家，在那邊聽到『嘭』一聲，不知道甚麼事，就出來看看，原來倒塌了一個架。看不到，只聽到聲音。（地盤興建多久？）大約一年半，（過往這邊多人？）比較少，幸好比較人少，有意外就比較輕微，不會這麼嚴重。」 現場是大窩口道一個公營房屋地盤，警方下午約4點半接報有天秤倒塌，碎片擊中一輛客貨車。因應事故，附近道路要封閉，多條巴士線改道。
In this article XAU= MANAPPURAM-IN MUTHOOTFIN-IN USB Follow your favorite stocks CREATE FREE ACCOUNT This report is from this week's "Inside India" newsletter, which brings you timely, insightful news and market commentary on the emerging powerhouse — Subscribe today Hello, I am Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of Inside India — your one-stop destination...
In this article XAU= MANAPPURAM-IN MUTHOOTFIN-IN USB Follow your favorite stocks CREATE FREE ACCOUNT This report is from this week's "Inside India" newsletter, which brings you timely, insightful news and market commentary on the emerging powerhouse — Subscribe today Hello, I am Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of Inside India — your one-stop destination for stories and developments from the world's fastest growing large economy. This week, I unpack what's driving the rapid surge in gold‑loan growth in the world's second‑largest bullion market. Loans against gold are a multibillion‑dollar industry in India, powered by households holding $5 trillion in bullion. Enjoy! Any thoughts on today's newsletter? Share them with the team. The big story Indian households are sitting on a mountain of gold. They own more than 34,000 tons of the yellow metal, as per a Morgan Stanley report from October last year, with Kotak Mahindra Bank pegging its value at about $5 trillion. That vast reserve is now powering one of the fastest-growing lending segments in India. As other forms of consumer credit slow, gold loans have surged, driven by tighter banking rules for unsecured loans, a sharp rally in global gold prices, improved access, and perhaps a rising financial stress among households. While about 90% of Indian households' hoardings are still lying idle, according to Shripad Jadhav, business head of gold loans at Kotak Mahindra Bank, gold-backed lending is beginning to reshape India's retail credit landscape, even drawing some global investors. Global private equity firm Bain Capital has made a bold bet on loans against gold, with plans to acquire up to 41.7% stake in Manappuram Finance, India's second‑largest gold loan provider. The deal, approved by the Reserve Bank of India last month, signals how international investors see opportunity in the country's most traditional but underutilized asset. In December last year, Japanese financia...
LINE MAN Wongnai CEO Yod Chinsupakul says his Thai tech start-up, which connects customers and suppliers through food delivery, groceries and ride-hailing, hopes to fund new acquisitions with its initial public offering. He speaks with Haslinda Amin on "Insight with Haslinda Amin." (Source: Bloomberg)
LINE MAN Wongnai CEO Yod Chinsupakul says his Thai tech start-up, which connects customers and suppliers through food delivery, groceries and ride-hailing, hopes to fund new acquisitions with its initial public offering. He speaks with Haslinda Amin on "Insight with Haslinda Amin." (Source: Bloomberg)
Emerging market equities and currencies fell for the first time this week as oil prices surged after attacks on some of the Middle East’s most important energy facilities. MSCI’s EM Index declined 2%, the most since March 9, while a similar gauge for emerging currencies fell 0.6%, set for its lowest level this year. The Thai baht, Philippine peso and Malaysian ringgit led the drop in currencies Th...
Emerging market equities and currencies fell for the first time this week as oil prices surged after attacks on some of the Middle East’s most important energy facilities. MSCI’s EM Index declined 2%, the most since March 9, while a similar gauge for emerging currencies fell 0.6%, set for its lowest level this year. The Thai baht, Philippine peso and Malaysian ringgit led the drop in currencies Thursday. The moves followed Iran’s attacks on a major LNG site in Qatar, one of several energy assets it pledged to target following strikes on the Islamic Republic’s giant South Pars gas field. The worsening war situation is raising concerns around inflation, hitting investor sentiment globally. “EM assets remain under pressure as the war in Iran continues,” Goldman Sachs strategists including Kamakshya Trivedi write in a note, adding “as the conflict has extended, fundamental factors such as terms of trade and earnings sensitivities have started to play a larger role.” Philippine peso fell past the record low 60-per-dollar level after Bangko Sentral ng Pilipinas on Wednesday signaled that its FX intervention would be only to temper large swings, instead of defending a current level. This comes after BSP said on Monday that it had intervened earlier as the currency approached that key level. Bank Indonesia also said that it will keep stabilizing the rupiah in offshore markets, even as onshore markets have been closed since Wednesday due to the Eid al-Fitr holiday, and will only reopen next Wednesday. Meanwhile, Moody’s Ratings raised Bolivia’s rating to Caa3 from Ca with a positive outlook, following a pledge by the government it will be able to meet dollar bond coupon payments this month.
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Micron Obliterates Wall Street's Q2 Targets On AI Data Center Business 9:15 AM ET Micron smashed estimates for its fiscal second quarter and with its outlook on continued strong AI data center business. Micron... 9:15 AM ET Micron smashed estimates for its fiscal second quarter and with...
Micron Obliterates Wall Street's Q2 Targets On AI Data Center Business 9:15 AM ET Micron smashed estimates for its fiscal second quarter and with its outlook on continued strong AI data center business. Micron... 9:15 AM ET Micron smashed estimates for its fiscal second quarter and with...
U.S. chip giant AMD and Korean AI startup Upstage said Thursday that they have expanded their strategic collaboration to accelerate next-generation AI development and support Korea's sovereign AI push, as AMD steps up its presence in the region.The announcement follows a meeting in Seoul between Upstage CEO Sung Kim and AMD Chair and CEO Lisa Su, where the two leaders discussed broader cooperation...
U.S. chip giant AMD and Korean AI startup Upstage said Thursday that they have expanded their strategic collaboration to accelerate next-generation AI development and support Korea's sovereign AI push, as AMD steps up its presence in the region.The announcement follows a meeting in Seoul between Upstage CEO Sung Kim and AMD Chair and CEO Lisa Su, where the two leaders discussed broader cooperation to drive AI innovation.AMD and Upstage have been strategic partners since AMD joined Upstage's 62 billion won ($41.3 million) Series B bridge investment last year.Under the expanded collaboration, Upstage will deploy AMD's Instinct MI355 accelerators based on a multiphase road map over the next year, leveraging its GPUs to enhance its large language models (LLMs) and document processing engines.The deployment will also support the development of a sovereign AI model as part of the Korean government-led AI foundation model project. Upstage has advanced to the second round of the project, alongside SK Telecom and LG AI Research.Through the partnership, AMD and Upstage aim to strengthen Korea's domestic AI ecosystem while diversifying the nation's sovereign AI infrastructure, the companies said.Upstage said the collaboration, powered by AMD's GPU, is expected to play a key role in advancing its LLMs and building the country's sovereign AI model.“Pairing that with domestic infrastructure gives us the foundation to make Korea a genuinely competitive force in global AI,” Kim said.AMD CEO Su said she has chosen Upstage as its partner as the startup is at the forefront of AI innovation in Korea.“This collaboration brings together AMD Instinct GPUs and ROCm open software with Upstage's expertise to advance Korea's sovereign AI capabilities, and deliver the performance, efficiency and open ecosystem needed to accelerate AI innovation,” she said.“We requested that AMD invest heavily in Korea,” Kim said after the meeting with Su. “This means receiving GPUs cheaply and quickly. To prev...