HONG Kong aims to raise up to the equivalent of US$5 billion in a US dollar, euro and offshore Chinese yuan green bond issuance, sources with direct knowledge of the matter said.
BANK of Korea governor Rhee Chang-yong said the central bank will do its best to coordinate policy with the government to ensure the economy has a soft landing at a time when the country faces an array of headwinds from falling exports to a weakening property market.
PRIVATE banking veteran Jason Moo was named on Tuesday (Jan 3) as the next chief executive officer (CEO) of OCBC’s private banking arm, Bank of Singapore, with effect from Mar 6, 2023.
HOME-GROWN insurer Singlife announced on Monday (Jan 2) that it has won the public tender to remain the official insurer of Ministry of Defence (Mindef) and Ministry of Home Affairs (MHA) personnel for life and personal accident insurance coverage.
GERMAN government bond yields dropped from their highest levels in more than a decade in the first trading day of 2023 as investors braced for inflation data amid more hawkish signals from the European Central Bank (ECB).
DEUTSCHE Bank confirmed it faces a higher capital requirement as its main regulator pushes lenders to dial back the risks that they face in the lucrative business of leveraged finance.
CHINA’S securities regulator said on Friday (Dec 30) that online brokerages Futu Holding and UP Fintech Holding have conducted unlawful securities businesses, and will be banned from opening new accounts from mainland Chinese investors.
