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Sumitomo Mitsui Trust said to shut Hong Kong branch by June 2026
SUMITOMO Mitsui Trust Bank plans to close the lender’s Hong Kong branch by June 2026 and move most of its client operations...
As US stocks hit records, experts see the dollar falling further
While the US stock market has fully recovered from a spring rout, the relentless drop in the dollar is prompting...
World’s biggest climate fund ramps up investment plans
The world’s biggest multilateral climate fund said it will make its largest ever series of investments and speed up dealmaking as...
Hong Kong’s de facto central bank intervenes to defend currency peg
Hong Kong’s de-facto central bank said it intervened twice on Friday and sold US$3.78 billion against the Hong Kong dollar...
