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INDIAN banks have raised US$2 billion through infrastructure bonds over the last two weeks, anticipating a revival in private capital expenditure and increased government spending, analysts said.

INVESTORS are becoming more bullish on shares linked to sustainability in Asia, betting on a comeback next year due to attractive valuations and trends such as China’s reopening and policy support.

BRITISH shoppers used cash in only 15 per cent of transactions in 2021, half the level of the year before and down from nearly 40 per cent before the Covid-19 pandemic, retailers said on Friday. The British Retail Consortium said government advice to go contactless during the pandemic, as well...

WORLD Bank President David Malpass on Thursday told senior Chinese government officials that Beijing needs to do more to ease the debt burdens on developing economies, the development lender said.

CREDIT Suisse Group completed a 4 billion-franc (S$5.8 billion), two-pronged capital increase, giving chief executive officer Ulrich Koerner the funds needed to embark on a comprehensive restructuring of the troubled lender.

CITIGROUP’S ultra-wealthy clients are ploughing money into fixed income.

BRITAIN will set out reforms on Friday to ease bank capital rules, one of 30 measures the government says will unlock investment and secure its position as the world’s “foremost financial centre”.

THE European Union will require banks to monitor their exposure to clearing houses and maintain active clearing accounts in the bloc as part of new financial market rules put forward by its executive on Wednesday (Dec 7).

MACQUARIE Group is rejecting almost all proposed carbon offset projects because they fall below the firm’s standards, said a bank official at the Asia Climate Summit in Singapore.

ECONOMIC fundamentals and liquidity shocks are a bigger concern for markets than rapidly rising interest rates in 2023, according to GIC’s chief economist Prakash Kannan.