Tag: #asia7 results
A South Korean policymaker suggested taxing AI profits to pay dividends to citizens, triggering sharp swings in Korean stocks. Franklin Templeton’s Christy Tan views this as Asian economies signaling shared ownership in an AI-driven future.
Blue Owl Capital-owned Stack Infrastructure is considering options including selling its Asian business assets in Australia, Japan, and Malaysia. The company is in talks with potential advisors. Deal value could exceed $30 billion.
Stack Infrastructure, a data center firm owned by Blue Owl Capital, is exploring a potential sale of its Asia operations valued at around $30 billion. The consideration comes from discussions with people familiar with the matter. This move could reshape regional data center landscapes.
Blackstone-owned data center operator AirTrunk is planning to raise at least A$500 million ($358 million) through its first asset-backed bonds. This move could mark one of Asia's inaugural deals in the data center sector.
Bridge Data Centres plans to invest up to S$5 billion ($3.9 billion) in AI technology in Singapore. The investment aims to accelerate growth across Asia. It focuses on AI development in its home market.
Bain Capital seeks buyer for stake in Singapore-based Bridge Data Centres, valued at $5B. Features nine centres in Malaysia, Thailand, India; ByteDance as anchor tenant. Citi/JPMorgan manage process; talks preliminary.
Indian Prime Minister Narendra Modi will meet Vietnam President To Lam in New Delhi on Wednesday. The nations aim to strengthen economic and defense ties, including AI cooperation. This occurs amid persistent Middle East tensions.