Alphabet Inc. $GOOGL, the parent company of Google, has formalized a historic agreement with the Chilean government to construct a 14,800-kilometer (9,196-mile) submarine data cable across the Pacific Ocean. Announced on Wednesday, this infrastructure project aims to connect Chile with Australia and Asia, with an operational target set for 2027.
Tiger Securities, a Singapore-headquartered online brokerage firm, has announced plans to double its workforce in Hong Kong over the next two to three years. The move reflects the company’s strategic positioning to capture a larger share of the rapidly expanding offshore Chinese investment market. The firm’s CEO, Tianhua Wu, revealed the initiative in an exclusive interview with Reuters this week, citing favorable market conditions and evolving investor behavior as key drivers.