On a stage in Singapore, Indonesian President Joko Widodo spruiks his planned new $48 billion capital city Nusantara to a room full of global investors. “I suggest you don’t wait too long. Don’t just sit and watch,” Mr Widodo, or Jokowi, told the international audience in June. “This is a golden opportunity that is very captivating in Indonesia,...
Tag: capital
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Apollo Infrastructure Funds Announce Structured Investment in Yondr Group | MarketScreener
NEW YORK and LONDON , June 12, 2023 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that Apollo-managed infrastructure funds (the “Apollo Funds”) have agreed to provide a significant capital commitment to Yondr Group (“Yondr”) via a structured instrument as the first step in a broader partnership. Proceeds from the investment will be utilized to...
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Binance, world’s top crypto exchange, at center of US investigations
The world’s biggest cryptocurrency exchange Binance and its CEO Changpeng Zhao have been sued by the US Securities and Exchange Commission (SEC), which alleged in a June 5 court filing that the firm operated a “web of deception” that included artificially inflating its trading volumes and commingling customer funds. The US Commodity Futures Trading Commission...
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Tiger Global in talks to invest in Rajasthan Royals, valuing it at $650M
Mumbai: Tiger Global, among the world’s most prolific technology-focused investors, is in talks to pick up a financial stake in the Indian Premier League’s franchise Rajasthan Royals, said two people in the know of the matter. The New York-headquartered firm is looking to invest around $40 million in Rajasthan Royals at a $650 million valuation,...
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/cloudfront-us-east-1.images.arcpublishing.com/tgam/OLPL25XZ5JK6PFOMSUYZCQTPY4.JPG "U.S. World Bank nominee Ajay Banga endorses lending expansion, pledges more")
U.S. World Bank nominee Ajay Banga endorses lending expansion, pledges more
Ajay Banga attends the World Economic Forum annual meeting, in Davos, Switzerland, on Jan. 19, 2017.Ruben Sprich/Reuters The U.S. nominee to run the World Bank, Ajay Banga, said on Wednesday that he supports his predecessor’s proposal to expand the bank’s annual lending capacity by about $5-billion to help tackle climate change and other global challenges,...
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Financial market infrastructure services: Bloomberg – Central Banking
Katherine Furber, Bloomberg Towards the end of last year, the National Bank of Georgia announced it was rolling out Bloomberg’s electronic trading platform for currency repo instruments. “This platform has allowed us to seamlessly integrate international best practices with our own settlement infrastructure,” says Giorgi Laliashvili, head of financial markets at the central bank. “This...