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Hillhouse Capital to combine its Singapore offices in new location

  Bloomberg Investment giant Hillhouse Capital is consolidating its two Singapore locations by moving to one of the city-state’s most premier office buildings overseeing the Marina Bay skyline, according to people with knowledge of the matter. Hillhouse has signed a lease for the 28th floor of Marina Bay Financial Centre Tower 1, the people said, asking not to be identified ...

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TSMC CEO says export controls weaken trust among countries

Middle taiwan semiconductor manufacturing co copy

  Bloomberg Taiwan Semiconductor Manufacturing Co (TSMC) Chief Executive Officer CC Wei warned of the dangers of excessive government export controls, which can erode mutual trust between countries. “Export controls and banning products from other foreign countries destroy productivity and efficiency gained under globalisation, or at least they reduce benefits offered by a free market,” Wei said at an industry ...

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Japan to raise winter bonus by 9.7%

  Bloomberg Japanese companies are set to raise winter bonus payments by 9.7%, the largest gain since 1975, a survey by Nikkei newspaper reported. Steel makers led all industries in bonus increases, while semiconductors saw several companies reporting record profit led by strong demand. Disco Cor, a maker of precision processing equipment, paid Â¥3.16 million, the highest level among all ...

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