Move follows 2023 proposal that has enhanced requirements on non-product advertisements
Heng, currently the bank’s group chief strategy and transformation officer, begins her new duties on Oct 1
Elhedery’s sweeping restructuring of the bank is expected to lead to US$1.8 billion in charges over the next two years
The MOF will make a decision after holding discussions with market participants around mid- to late-June, the sources says
Longer-term yields are surging globally as government spending rises, but the steepening in the country’s yield curve has been particularly acute
Fund draws new investors from India, Middle East seeking to raise exposure to defensive sector
US President Donald Trump’s social media firm, Trump Media & Technology Group, plans to raise about US$3 billion to spend on...
The Monetary Policy Committee is expected to flag at least one more cut by projecting that the OCR could drop below 3...
The bank’s net fund-based income and non-interest income both improved compared to the year-ago period, although overheads also increased
The sharp increase highlights Beijing’s determination to accelerate the use of the renminbi in global trade