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China urges AIIB to step up cross-border development funding, says global aid drying up

Chinese officials have increasingly emphasised ties with South-east Asia, which last year overtook the EU to become the US$19 trillion economy’s top...
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China makes pitch for more private cash in cross-border projects

Marshalling private capital for development is becoming a priority after international aid from official donors fell in 2024 after five straight years...
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Some in Bank of Japan called for keeping rates low for now, June summary shows

Several opinions have warned of the expected hit to Japan’s fragile economy from sweeping US tariffs
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Bank of Japan board divided over rate pause and inflation risks, June summary shows

While the central bank has signalled readiness to raise rates further, the economic impact of higher US tariffs forced it to cut...
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China’s wealth fund pulls plug on US$1 billion private equity sale

US and Chinese officials have hammered out a framework to de-escalate tensions, reducing pressure on CIC to divest
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Ping An builds HK$180 billion stake in China banks on dividend bet

Chinese banks are suffering under record low margins and slow profit growth
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Daiwa plans 100 billion yen real estate fund as Japan market booms

Many real estate investors in the country remain bullish, even as one key indicator, prices of new condos in Tokyo, fell in...
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Income Insurance to explore other share liquidity options after scuppered Allianz deal: departing chairman Ronald Ong

The board has proposed that lead independent director Joy Tan to take over as chairman, subject to her re-election and regulatory approvals
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Big US banks expected to ace stress tests, boost dividends

The results of Fed’s so-called “stress tests” on Friday will determine how much cash lenders would need to hold to withstand a...
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Citi appoints Nathan Swami as new head of markets for Singapore

He has more than 17 years of experience working with the bank in Singapore, primarily within the Apac trading division
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