Offshore loans for Chinese corporates drove Hong Kong’s loan volume, totalling to US$66.7b or a 19.5% increase compared to 2023. Hong Kong emerged as the leader in the Asia Pacific (ex-Japan) syndicated loan market in 2024,
Panellists discussed opportunities and challenges in climate finance at the 17th edition of the Mint Annual BFSI Summit in Mumbai.
Analysts generally expect a mellow period for banks in the Asia-Pacific region throughout 2025, with positive outlooks for some countries outweighing gloomier projections for others, including heavyweight China.
Global shares are mostly higher following a rally on Wall Street driven by encouraging update on U.S. inflation. Oil prices slipped and U.S. futures edged higher.
Asian markets extended a global rally Thursday after below-forecast US inflation provided a much-needed shot of relief to investors and revived hopes for interest rate cuts this year. The inflation figures tempered worries that the Federal Reserve might not cut rates this year -- or possibly even hike them -- following a blockbuster jobs report on Friday.
Asian stock markets were choppy on Tuesday, as traders weighed a promise from Beijing to assist equities, but also viewed odds for a rate hike from the Bank of Japan. Hong Kong and Shanghai gained, while Tokyo finished in the red.
US stock-index futures rallied and the dollar weakened on news that members of President-elect Donald Trump’s economic team discussed a gradual approach to ramping up tariffs to avoid an inflation spike.
Dubai's crypto authority VARA has given HashKey an in-principle approval as the company continues to stretch its services internationally.
Everybody loves credit card sign-up promotions, but not many of us realise the promotions don't end with a welcome gift. Banks actually shower us with tons of lifestyle deals and perks just for owning and using their credit cards or debit cards.
About $260.4bln of G3 bonds were sold in Asia Pacific ex-Japan during 2024, surpassing the $213.2bln in 2023, according to LSEG data
Asian markets are mostly lower after shares slumped on Wall Street despite better-than-expected reports on the U.S. jobs market and business activity. U.S. futures and oil prices were higher. On Tuesday,
More Hongkongers are expected to travel to Japan amid a weak yen, tourism industry representatives have said after the country welcomed a record number of foreign tourists last year. Retail sector representatives also said on Thursday that the strong momentum of outbound travel by Hongkongers had hurt local consumption,