Investors in Chinese bonds head for 2025 betting there will be no miraculous recovery in the economy, putting them at odds with an equities market that has wagered on a revival in consumption. ( read original story ...)
CIMB Bank inks collaboration with Shanghai Pudong Development Bank
CIMB Bank Bhd has signed a letter of intent (LoI) with Shanghai Pudong Development Bank Co Ltd (SPDB) to provide a suite of solutions and services to fast-track expansion of SPDB's clients in Asean. ( read original story ...)
Hong Kong IPO: Chinese soy sauce maker Foshan Haitian eyes dual listing
Shanghai-listed Foshan Haitian Flavoring & Food, the biggest listed condiment maker in mainland China, is seeking a dual listing in Hong Kong that could raise as much as HK$1.5 billion (US$193 million ... ( read original story ...)
Stock market today: Asian shares are mostly higher, tracking a rally on Wall Street
Shares have advanced in Asia after Wall Street resumed its upward climb as an update on inflation appeared to clear the way for more help for the economy from the Federal Reserve ... ( read original story ...)
IFC and HSBC Launch $1 Billion Risk-Sharing Facility to Boost Trade Finance in Emerging Markets
The initiative aims to support trade by enabling banks in 20 countries across Africa, Asia, Latin America, and the Middle East to increase their lending. ( read original story ...)
China cybersecurity regulator to continue crackdown on illegal financial services online
Cyberspace Administration of China says it has taken action against a number of accounts on social media platforms. ( read original story ...)
Stock market today: World stocks are mixed ahead of key US inflation data
European markets opened lower while Asian stocks were mixed on Wednesday after U.S. indexes drifted lower on Tuesday ahead of an update on U.S. consumer inflation due later in the day. Germany’s DAX ... ( read original story ...)