Middle East: HK, Qatar grow ties; Gaw Capital invests in Abu Dhabi; PIC snaps up 25% of Wanhua Chemical
May 13, 2025 The following is a round-up of some recent developments in the Middle East.
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China and US agree to slash tariffs for 90 days
May 12, 2025 China and the US have agreed to slash tariffs on each other’s imports for 90 days. China have reduced their tariffs...
BNY hires Nehal Mehra as Apac head of securities financing & global collateral
May 12, 2025 Nehal Mehra has joined BNY on Monday, May 12, as head of Asia Pacific (Apac) securities financing & global collateral.
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Granite Asia unveils $250m Apac private credit strategy
May 09, 2025 Amid continued growth in the region, venture capital firm Granite Asia has raised $250 million in anchor commitments for a private...
China lowers rates as economy hit by tariffs
May 08, 2025 The People’s Bank of China (PBOC), China’s central bank, said that it will cut the seven-day reverse repurchase rates by 10...
ASIC imposes additional licence controls on Macquarie's Australian operation
May 07, 2025 The Australian Securities and Investments Commission (ASIC) has imposed additional conditions on Macquarie Bank’s Australian financial services licence after multiple and...
India and UK sign 'landmark' free trade deal
May 06, 2025 India and the UK have signed a free trade agreement which will be worrth billions of dollars for both countries and...
BOJ keeps rates unchanged, adjusts GDP growth, as tariff threat brings Apac currency turbulence
May 06, 2025 The Bank of Japan (BOJ) has decided to leave its policy interest rate, or the uncollateralised overnight call rate, unchanged at...
HKEX has 120 firms in IPO pipeline, signs off HQ, after record Q1 profit
May 06, 2025 Hong Kong Exchanges and Clearing (HKEX) secured record revenue in Q1 2025 of HK$6.32 billion ($820 million), 32% higher than in...