UOB has priced a dual tranche of senior notes at 1.25 per cent and Tier 2 subordinated notes at 2 per cent per annum. The bank raised US$1.5 billion, with a final orderbook of US$2.75 billion.
China’s lending has been secretive, with clauses to protect political interests and subject disputes to Chinese law. These could create a “China Club” that rivals the Paris Club, says Professor Bo Zhiyue.
The forced distribution model of appraising workers is disastrous for a company’s culture, yet it refuses to die, says the Financial Times’ Sarah O’Connor.
SINGAPORE: A new mall in Changi that has remained empty since it was granted a Temporary Occupation Permit (TOP) in December 2019 has been put up for sale. Liv@Changi mall along Upper Changi Road North is being marketed as a "brand new freehold three-storey commercial building" by real estate...
NUMBERS still don't tell everything, when it comes to ESG (environmental, social and governance) investing - and that means the amount of ESG capital flowing into Asia could be underreported.
NUMBERS still don't tell everything, when it comes to ESG (environmental, social and governance) investing - and that means the amount of ESG capital flowing into Asia could be underreported.
Uber Technologies Inc and Lyft Inc said U.S. drivers on their ride-hail platforms were earning significantly more than before the pandemic as trip demand outstrips driver supply, prompting the companies to offer extra incentives.
Live-streaming service Twitch will ban users for offenses such as hate-group membership or credible threats of mass violence that occur entirely away from the site, in a new approach to moderating the platform, the company said on Wednesday.
Uber Technologies Inc and Lyft Inc said U.S. drivers on their ride-hail platforms were earning significantly more than before the pandemic as trip demand outstrips driver supply, prompting the companies to offer extra incentives.
G20 finance ministers and central bankers agreed on Wednesday (Apr 7) to extend a moratorium on debt interest payments for the poorest countries, which could lag behind the global recovery from the coronavirus pandemic.
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