CHINA is widely expected to hold benchmark lending rates steady on Monday (May 20), a Reuters survey showed, although expectations are growing for a cut in the mortgage reference rate as the authorities scramble to boost housing.
HIGHER electricity demand in Laos due to cryptocurrency mining and erratic rainfall have led to power shortages, an advisor to its state-run utility said, revealing challenges to the nation’s prospects as a hydropower exporter to South-east Asia.
CHINA’S first issuance of this year’s special sovereign bonds on Friday (May 17) is expected to see solid demand, according to strategists and gauges of sentiment in the bond market.
HSBC Holdings is rolling out accounting and tax tools for its small United Kingdom business customers, who will soon have to give the government a lot more information on their finances.
MONEY laundering accused Su Jianfeng had allegedly worked with a Singapore-based businessman to sell properties in Dubai worth tens of millions to foreigners in Singapore, a data leak of property transactions showed.
TWO businessmen living in Singapore since 2021 have been placed on the wanted list in China for their involvement in a cross-border online gambling syndicate.
TWO businessmen living in Singapore since 2021 have been placed on the wanted list in China for their involvement in a cross-border online gambling syndicate.
THE first Hong Kong exchange-traded funds (ETFs) investing directly in crypto have so far failed to spark the kind of excitement that greeted rival US products, a blow for the city’s push to foster a preeminent digital-asset hub.
SEVERAL Federal Reserve officials said the central bank should keep borrowing costs high for longer as policymakers await more evidence inflation is easing, suggesting they are not in a rush to cut interest rates.
PING An Insurance Group is weighing options that would allow it to reduce its 8 per cent stake in HSBC Holdings, according to people familiar with the matter.
