@RichFrontiers

Frontier Markets & Economies

m.youtube.com/@Richmanagementtv
Joined August 2016
  • Tweets15.1K
  • Following249
  • Followers3.2K
7KMedia
Rich Frontiers retweeted
Bloomberg
@business15 Mar 2024
Saudi Arabia’s banks could raise a record amount of debt this year to fund Crown Prince MBS' Vision 2030 projects trib.al/mQb72Io

Saudi Arabia Banks Embark on Record Bond Binge for Mega-Projects

Saudi Arabia’s banks could raise a record amount of debt this year as a liquidity squeeze strains Crown Prince Mohammed bin Salman’s multi-trillion dollar economic transformation agenda.

bloomberg.com
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🇨🇳 China foreign exchange reserves 1990: $7 billion Now: $3.2 trillion
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Abu Dhabi’s ADQ is considering a listing for Etihad Airways, potentially making it the first of the Gulf’s major hub carriers to become publicly-traded trib.al/KXGDQ0W

ADQ Explores Etihad Listing in First for Gulf Hub Carrier

Abu Dhabi’s ADQ is considering a listing for Etihad Airways PJSC, potentially making it the first of the Gulf’s major hub carriers to become publicly-traded, according to people familiar with the...

bloomberg.com
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Rich Frontiers retweeted
CNBC
@CNBC29 Feb 2024
Humanoid robot startup Figure AI valued at $2.6 billion as Bezos, OpenAI, Nvidia join funding cnbc.com/2024/02/29/robot-st…

Humanoid robot startup Figure AI valued at $2.6 billion as Bezos, OpenAI, Nvidia join funding

Founded in 2022, Figure AI has developed a general-purpose robot, called Figure 01, that looks and moves like a human.

cnbc.com
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Rich Frontiers retweeted
Bloomberg
@business23 Feb 2024
Nvidia is set to become the first semiconductor firm with a $2 trillion valuation trib.al/tfVSPMZ

Nvidia Set to Top $2 Trillion Valuation in First for Chipmakers

Nvidia Corp. is on track to become the first semiconductor firm with a $2 trillion valuation, another milestone in its ascendancy as the biggest beneficiary of a rush into artificial intelligence-r...

bloomberg.com
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Rich Frontiers retweeted
Bloomberg
@business21 Feb 2024
Samsung sells its entire $930 million stake in ASML in a push to expand into new areas of chipmaking trib.al/awMier5
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Rich Frontiers retweeted
CNBC
@CNBC20 Feb 2024
China cuts benchmark 5-year lending rate for the first time since June cnbc.com/2024/02/20/china-cu…

China boosts property funding with first cut in key loan rate since June

The five-year benchmark loan rate — the peg for most mortgages — was cut by 25 basis points, according to a statement Tuesday from the People's Bank of China.

cnbc.com
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Rich Frontiers retweeted
Bloomberg
@business19 Feb 2024
Brazil’s economy grew more than expected in December, indicating activity is still showing some resilience to high interest rates trib.al/cNfiYnJ

Brazil’s Economic Activity Caps 2023 With Better-Than Expected Growth

Brazil’s economy grew more than expected in December, indicating activity is still showing some resilience to high interest rates as President Luiz Inacio Lula da Silva readies higher government...

bloomberg.com
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Saudi Global Ports, which is owned by the kingdom’s sovereign wealth fund and Singapore’s PSA, is considering an IPO in Riyadh, sources say trib.al/pCq1ZbP

Saudi Wealth Fund, Singapore’s PSA Consider Global Ports IPO

Saudi Global Ports Co., which is owned by the kingdom’s sovereign wealth fund and Singapore’s PSA International Pte, is considering an initial public offering in Riyadh, according to people familiar...

bloomberg.com
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Rich Frontiers retweeted
Bloomberg
@business19 Feb 2024
SoftBank’s stock rose as founder Masayoshi Son considers the creation of a $100 billion chip venture that would supply AI-enabling semiconductors trib.al/ctt6L60

SoftBank Stock Rises on CEO’s Plan for $100 Billion Chip Project

SoftBank Group Corp.’s stock rose as founder Masayoshi Son considers the creation of a $100 billion chip venture that would supply AI-enabling semiconductors.

bloomberg.com
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China held off cutting a key interest rate as it assesses recent measures to boost the economy and markets trib.al/Wuqu9Lv

China Leaves Key Rate Steady as Yuan Limits Maneuvering Room

China refrained from cutting a key policy interest rate as its central bank sought to shield the yuan from volatility, underscoring the challenges policymakers face as they try to manage economic...

bloomberg.com
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Rich Frontiers retweeted
CNBC
@CNBC18 Feb 2024
Global rice markets are in crisis amid 'artificial' shortage cnbc.com/2023/11/07/global-r…

Global rice markets are in crisis amid 'artificial' shortage

The $34 billion U.S. rice market competes globally with India's export ban and climate risks. Rice influences geopolitics and the livelihoods of millions.

cnbc.com
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“UAE is a serious player” in the AI space, Minister of State for Artificial Intelligence Omar Al Olama says trib.al/6ckLTgC

Minister Backs Altman’s Idea to Turn UAE into AI Testing Ground

The United Arab Emirates will push to become a global leader in testing and regulating artificial intelligence technology, according to a top official, echoing remarks from OpenAI’s Chief Executive...

bloomberg.com
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Rich Frontiers retweeted
Bloomberg
@business15 Feb 2024
Thailand is considering raising about $1 billion through its first foreign-currency sovereign bond sale in two decades trib.al/dTYPTIL
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Rich Frontiers retweeted
CNBC
@CNBC14 Feb 2024
Bitcoin regains $1 trillion market cap as the cryptocurrency hits over two-year high cnbc.com/2024/02/14/bitcoin-…

Bitcoin regains $1 trillion market cap as the cryptocurrency hits over two-year high

Bitcoin broke through the $51,000 level on Wednesday, marking the first time it has hit this price since December 2021.

cnbc.com
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Rich Frontiers retweeted
Bloomberg
@business14 Feb 2024
The Moscow Exchange halts stock market trading for the second day in a row trib.al/tG1zw41

Moscow Exchange Halted Stock Market Trading Second Day in a Row

The Moscow Exchange halted trading on the stock market for the second day in a row on Wednesday.

bloomberg.com
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Rich Frontiers retweeted
Bloomberg
@business14 Feb 2024
India plans to invest about $9 billion to power 10 million homes with rooftop solar panels trib.al/vZm4whp

India Plans $9 Billion Rooftop Solar Push as Key Elections Loom

India plans to invest about 750 billion rupees ($9 billion) to power 10 million homes with rooftop solar panels, boosting the weakest segment of the country’s booming renewable industry.

bloomberg.com
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SoftBank’s Vision Fund, once known for splashy ten-figure valuations, now plans to start investing "timidly” -- right at the start of a generative AI boom. trib.al/KLzJwkN

SoftBank's Vision Fund Goes From Shock-And-Awe to ‘Sensitive’ Investing

Once known for bestowing ten-figure valuations, the firm is now embracing a more modest approach

bloomberg.com
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OpenAI’s Sam Altman says the United Arab Emirates could serve as the world’s “regulatory sandbox” to test artificial intelligence technologies trib.al/CxsfRQG

OpenAI’s Altman Says UAE Could Be an AI ‘Sandbox’ For the World

OpenAI’s Sam Altman said the United Arab Emirates could serve as the world’s “regulatory sandbox” to test artificial intelligence technologies and later spearhead global rules limiting their use.

bloomberg.com
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Rich Frontiers retweeted
CNBC
@CNBC9 Feb 2024
OpenAI CEO Sam Altman seeks as much as $7 trillion for new AI chip project: WSJ cnbc.com/2024/02/09/openai-c…

OpenAI CEO Sam Altman seeks as much as $7 trillion for new AI chip project: Report

OpenAI CEO Sam Altman wants to overhaul the global semiconductor industry with trillions of dollars in investment, The Wall Street Journal reported.

cnbc.com
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