Richard Perks joins Ropes & Gray in Hong Kong
May 06, 2025 Richard Perks joined US law firm Ropes & Gray on May 1 as a partner in its private equity practice, based...
Middle East’s Al-Futtaim Group sells majority stake in insurance broker to WTW
May 06, 2025 Middle Eastern conglomerate has sold its 51% stake in United Arab Emirates (UAE)-based insurance broker Al-Futtaim Willis to its joint venture...
Fosun International refinances $870m loan
May 06, 2025 Chinese conglomerate Fosun International, which owns a host of global businesses, has completed the refinancing of a $870 million syndicated loan due on March...
Sidley Austin appoints infrastructure M&A partner in Singapore
May 06, 2025 US-headquartered law firm Sidley Austin has appointed Alun Evans as a partner in Singapore, to focus on infrastructure, as well as...
Analysis: How Hong Kong is building financial infrastructure for the Rmb
The HKMA and CMU Omniclear are leading Hong Kong’s ambitions to internationalise the use of Chinese bonds in global trading. The development of the...
IMF delays loan review for Bangladesh amid failure to meet conditions
An April review by the IMF ended without an agreement, with June the next opportunity to meet the IMF’s conditions and release two tranches...
Geely-owned Volvo hits Q1 slowdown amid ‘turbulence’; set to cut $1.9bn in costs
The Swedish firm has said that it is no longer providing financial guidance for 2025 and 2026, with job losses expected across its global...
Banks eye opportunities, challenges in tokenisation wave
While banks should remain conservative, a balance with innovation can be reached, according to Deutsche Bank’s Boon Hiong Chan. Read More
Christopher Chan to join Citi in Singapore
April 28, 2025 Christopher Chan is set to join Citi Markets as head of markets solutions for financial institutions for Asia South and Asia...