ARA, a wholly-owned subsidiary of ESR Group, is partnering with Export-Import Bank of China (Exim) for the closing of a US$1 billion (S$1.4 million) infrastructure fund.
IT is not always possible to leapfrog from dirty fuels to renewable energy – this was a refrain from various chief executive officers of financial services companies at a Bloomberg New Economy Forum panel last Wednesday (Nov 16).
CHINESE banks maintained their benchmark lending rates for a third month after the central bank kept its key rates unchanged last week and signalled more concern about the inflation outlook.
JUST one week after raising mortgage rates, lenders in Singapore are now locked in a competition for cash, luring savers with higher fixed deposit rates just weeks after increasing interest rates on savings accounts.
THE head of the Commodity Futures Trading Commission (CFTC)has urged crypto industry whistleblowers to come forward in the aftermath of FTX Group’s implosion, saying tipsters have previously received millions of dollars for their help.
European Central Bank President Christine Lagarde said interest rates may need to be lifted to levels that restrict economic expansion in order to drive down inflation that’s rocketed to more than five times the official target.
China’s Sunshine Insurance Group has received approval from the Hong Kong stock exchange for an initial public offering that could raise about US$1 billion, according to people familiar with the matter.
GOLDMAN Sachs’ majority-owned asset management venture with Chinese state lender Industrial and Commercial Bank of China (ICBC) raised 149.41 million yuan (S$28.8 million) in its first product, according to a statement.
