A MAJOR Japanese trading company has relaxed its rules to allow employees to pursue side careers, such as being a YouTuber or an artist, aiming to retain younger workers who are demanding more flexible work rules.
CONTEMPORARY Amperex Technology (CATL), the world’s biggest maker of batteries for electric cars, has chosen banks for its sale of global depositary receipts (GDR) in Switzerland to raise at least US$5 billion, sources said.
THE Bank of Japan bought a record US$182 billion worth of government bonds in January, data showed on Wednesday (Feb 1), underscoring its resolve to defend its yield cap from attack by investors betting on a near-term interest rate hike.
CONTEMPORARY Amperex Technology (CATL), the world’s biggest maker of batteries for electric cars, has chosen banks for its sale of global depositary receipts (GDR) in Switzerland to raise at least US$5 billion, according to people familiar with the matter.
FIFTY-and-done has a nice ring to it. The Bank of England (BOE) should live up to market expectations and raise its official interest rate by 50 basis points to 4 per cent on Thursday (Feb 2). But then it should take a breather while assessing the economic impact of...
THE UK intends to regulate crypto asset activities including trading, lending and custody under the same regime as traditional financial services.
CREDIT Suisse Group plans to shift an asset management business that helps buyout firms raise funds to its First Boston spinout as the firm works to reshape its investment bank after losses.
PAYPAL Holdings said it will cut 2,000 staffers as it contends with a macroeconomic slowdown that’s weighed on the firm’s business in recent quarters.
THE Reserve Bank of India (RBI) said on Tuesday it had decided to partially relax the restrictions on SBM Bank (India) until Mar 15, by allowing ATM and point-of-sale transactions on internationally active debit cards issued by the bank.
HONG Kong’s de facto central bank will push ahead with proposals to regulate stablecoins, as it seeks to address the risks they pose to financial stability highlighted by the crypto sector’s turmoil last year.
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