HSBC sets up US$1 billion fund for Asean’s digital economy – Industry roundup: 28 March
by Graham Buck
Sweden could cut rates in May; Sri Lanka rate cut surprises markets; Life less sweet as cocoa prices soar; Thames Water faces funding crisis
Cash & Liquidity Mngm in Asia-Pacific
Background
There are some 40 countries in the Asia-Pacific region ranging from some of the poorest to rich countries like Japan and New Zealand. There is also a major difference between the countries' cash…
Read more
Swift plans new CBDC platform by 2026 – Industry roundup: 26 March
by Graham Buck
China woos foreign investors; Boardroom reshuffle at Boeing; Bombardier raises US$750m via junk bond; More central banks shift rate policy
Hong Kong crackdown conflicts with financial hub goal – Industry roundup: 21 March
by Graham Buck
Reddit valued at US$6.4bn ahead of IPO; Malaysia expects 4-5% growth in 2024; Fed reassures on rate cuts; UK retailers get embedded finance lift
Deloitte restructures amid dealmaking drought – Industry roundup: 19 March
by Graham Buck
Japan agrees first rate hike since 2007; Unilever loses taste for ice cream; M&S plans new deal with HSBC; EU progresses on supply chain law
India’s economic boom echoes 2003-07, says Morgan Stanley – Industry roundup: 14 March
by Graham Buck
Japan's unions win major pay hikes; Swift to assist Bangladesh central bank; Israel plans for shekel CBDC; €240m funding for sustainability in Africa
Japan nears end of negative interest rates era – Industry roundup: 12 March
by Graham Buck
Egypt’s inflation jumps to 35.7%; India signs US$100bn free trade deal; NatWest to exit BNPL market; Inditex investors seek supply chain transparency
US bank secures US$1 billion rescue deal – Industry roundup: 7 March
by Graham Buck
China's foreign trade rebounds; EU to water down supply chain law; UK's Nationwide to acquire Virgin Money; South Africa records 0.6% growth in 2023
China sets this year’s growth target at 5% – Industry roundup: 5 March
by Graham Buck
ADB gives more to climate change funding; Nikkei finally breaks 40,000 level; US deficit fuels 'debt debasement'; Brazil's dengue fever toll
Nigeria hikes rates to support currency – Industry roundup: 29 February
by Graham Buck
US economy ends 2023 on a high; Deutsche updates sustainable investment guide; Verizon completes sixth green bond; Action plan on plastic pollution
EU adopts euro instant payments rules – Industry roundup: 27 February
by Graham Buck
South Korea boost for open banking; Frankfurt to host new AML authority; China "exports to US via Mexico"; BNY Mellon launches US dim sum bond service
Germany sees its economy on hold this year – Industry roundup: 22 February
by Graham Buck
China charge mars HSBC results; MCR buys London's BT Tower; Russia economy avoids disaster; Brazil ready for green FX hedging
France trims 2024 growth forecast to 1% – Industry roundup: 20 February
by Graham Buck
Barclays returns £10bn to investors; War impacts on Israel's economy; ANZ-Suncorp merger gets green light; Investors shun riskiest US corporate bonds
Japan and UK economies slip into recession – Industry roundup: 15 February
by Graham Buck
Uber plans US$7bn share buyback; Delivery Hero reassures on debt; Barclays exits new oil and gas projects; Standard Chartered bullish on China
Mexico usurps China as biggest exporter to the US – Industry roundup: 13 February
by Graham Buck
Global trade resilience expected; Body Shop UK to appoint administrators; Economic decoupling underway, says BofA; Digital rupee reaches next stage
US recession no longer in prospect, says Deutsche Bank – Industry roundup: 8 February
by Graham Buck
China reports deflation last month; India keeps rates on hold; Revived fortunes for two Italian banks; ADB trade aid for Cambodia
OECD revises up 2024 global growth to 2.9% – Industry roundup: 6 February
by Graham Buck
Central bank updates from Australia, Turkey and Nigeria; Germany's trade volumes fall; Standard Bank launches Lyra Energy
Fed not yet ready to cut US interest rates – Industry roundup: 1 February
by Graham Buck
Hapag-Lloyd CEO warns on Red Sea crisis; Japan gives US$20bn for green hydrogen; UAE cross-border CBDC payment; YouLend unlocks £4bn for SMEs
China’s fallen property giant Evergrande ordered to liquidate – Industry roundup: 30 January
by Graham Buck
Singapore keeps policy on hold; Japan's digital yen progresses; Vietnam's sluggish corporate bond market; Amazon abandons US1.4bn iRobot bid
India “beats China as supply chain base for US firms” – Industry roundup: 25 January
by Graham Buck
Turkey in "final" rate hike to 45%; German business morale sinks further; Mastercard fund for Europe's SMEs; BNP Paribas launches UK fintech incubator
Red Sea attacks pose growing threat to supply chain – Industry roundup: 23 January
by Graham Buck
Africa's rising debt burden; US manufacturers look to Mexico; China acts to support yuan; Montenegro explores Samurai bonds
Davos summit opens with jobs warning from AI – Industry roundup: 16 January
by Graham Buck
China keeps rates unchanged; Germany's GDP shrank in 2023; Study assesses bank valuations; CBDCs "could undermine dollar"
World is moving into a new super cycle, says Goldman analyst – Industry roundup: 9 January
by Graham Buck
Deloitte staff get AI chatbot; Banco de España chooses CBDC partners; South Africa's power shortages worsen; Citi plans China investment bank unit
US debt load ended year at US$34 trillion – Industry roundup: 4 January
by Graham Buck
HSBC challenges Revolut and Wise; China's top banks review smaller peers; Goldman raises $650m for life sciences; Mexico kicks off 2024 bond sales
More than 1,500 US bank branches closed in 2023 – Industry roundup: 2 January
by Graham Buck
Crunch year for US office owners; China's factory output still weak; Saudi Arabia tops SWF spending league; Cambridge Uni and Google partner on AI