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US Fed’s Daly says no single most-likely path for rates

India’s economy strong enough to face external shocks, RBI says

Tokio Marine to form partnership with Berkshire Hathaway, initially sell 2.49% stake

Berkshire Hathaway to invest 287.4 billion yen in Tokio Marine

Credit Suisse’s AT1 bond crash fuelled leadership crisis at HDFC

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US Fed leaves interest rates unchanged, expects inflation to rise

Oil prices have jumped from below US$80 a barrel to US$108 ahead of the central bank’s policy decision

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Ambani’s Reliance Jio hires 17 banks for IPO, will raise no new funds

It will also allow exits for some shareholders

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Singapore hedge fund FengHe to open Hong Kong office

Its flagship Asia Fund up 17.8% for the first two months

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StanChart’s AI chief David Hardoon exiting less than a year after joining

Hardoon, who is based in Singapore, is on gardening leave

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StanChart AI chief David Hardoon exiting less than a year after joining

Hardoon, who is based in Singapore, is on gardening leave

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Apollo makes first hire for Singapore’s US$1 billion private fund

The city-state has recently drawn several international asset managers

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Apollo makes first hire for Singapore’s S$1 billion private fund

The city-state has recently drawn several international asset managers

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AT1 bond market reopens with HSBC raising US$2.5 billion

The firm is the largest issuer of AT1s globally with more than US$23 billion of the deeply subordinated bonds outstanding

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Indonesia tightens rules on dollar-buying as war spurs outflows

The monetary authority also needs to closely monitor inflationary pressures

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Prudential posts 12% rise in new business profit, flags US$7 billion shareholder returns

The company says that it now expects to return more than US$7 billion to shareholders over the 2024 to 2027 period

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