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BAIN Capital is expecting a recovery in China’s US$539 billion private equity market as early as this year, though the industry may struggle in reaching past levels of deal activity.

COMMERZBANK will rejoin Germany’s DAX Index, four years after the lender got booted to make way for then-rising star Wirecard only to see the payments company collapse in an accounting scandal.

JAPANESE government bond (JGB) yields ticked higher on Monday (Feb 20) following spikes in Treasury yields last week, as investors bet on higher US interest rates for longer.

CHINESE lenders followed the central bank by keeping their benchmark lending rates unchanged on Monday (Feb 20), with analysts expecting possible reductions in the coming months to support the economic recovery.

STANDARD Chartered Plc plans to hire 300 to 500 staff in Hong Kong this year, in anticipation of an increase in wealth management and lending as the city reopened its borders to mainland China.

INDONESIAN banks are making too much money, spurring calls from President Joko Widodo and the monetary authority to rein in their margins.

MALAYSIA’S central bank will probably raise its key rate by another 25 basis points next quarter before it is done with tightening, according to a poll of economists.

FWD Group Holdings, the pan-Asian insurance company owned by Hong Kong billionaire Richard Li, has agreed to buy a majority stake in Gibraltar BSN Life, a move that allows it to tap into the South-east Asian market’s growth potential ahead of FWD’s planned initial public offering.

EUROPEAN banking regulators have told Deutsche Bank that they’re “not satisfied” with the German lender’s internal review that found that some employees deliberately circumvented controls to make big profits by mis-selling foreign-exchange derivatives, the Financial Times reported.

TEN-YEAR bond yields are expected to rebound as investors begin to price in the possibility that the US Federal Reserve will be more aggressive with its hikes than previously expected. Analysts said the recent fall in bond yields was likely overdone, although rates will still end 2023 lower year...