HKMC issues 'record breaking' triple currency HK$23.8bn social bond
October 18, 2024 The Hong Kong Mortgage Corporation (HKMC) has issued its third social bond issuance of around HK$23.8 billion ($3 billion). The issuance,...
Tencent invests $30m into HK-based early cancer detection firm
October 16, 2024 Tencent has made a $30 million investment into Insighta, a Hong Kong-based early cancer detection company, from health sciences firm Prenetics...
Arta Finance launches globally in Singapore, signs up Middle East firm
October 15, 2024 Digital wealth platform Arta Finance has launched to accredited investors in Singapore and to international investors managing their wealth in Singapore....
Can Bhutan develop a ‘mindful’ financial sector?
In late August, Hobeng Lim was formally appointed as managing director at the Gelephu Mindfulness City (GMC) in Bhutan, tasked with spearheading the development...
Chinese overseas investments rebound with strong Asia focus
Chinese outbound foreign direct investments (FDI) have bounced back from the lows of the Covid pandemic in 2021 and 2022, with increased investment in...
Citi boosts Asia markets team with two hires from JP Morgan
October 15, 2024 Citi is adding to its Asia markets team with two appointments from JP Morgan who are both set to start at...
Karthik Shenoy joins Bank of Singapore in transformation push
October 14, 2024 Karthik Shenoy joined Bank of Singapore as head of platforms and transformation, chief operating office, last month. Shenoy (pictured) reports to...
Rio Tinto to buy Arcadium Lithium in $6.7bn deal
Australian and British mining giant Rio Tinto has agreed to acquire US lithium maker Arcadium in an all-cash transaction for the New York Stock...
AstraZeneca signs license agreement with China’s CSPC worth up to $2bn
October 09, 2024 UK pharmaceutical giant AstraZeneca has entered into an exclusive license agreement with China’s CSPC Pharmaceutical Group (CSPC) to advance the development...