Goldman, Citigroup Begin Cutting About 35 Dealmakers Across Asia
Goldman Sachs Group Inc. and Citigroup Inc. are starting to cut another 35 investment-banking jobs across Asia this
2023-06-15 09:48
Hong Kong Pauses Rate Hike Cycle Following Fed Decision
The Hong Kong Monetary Authority held its base rate steady at 5.5% on Thursday after the US Federal
2023-06-15 08:19
HSBC’s Head of Global Banking Sustainability Takes Sabbatical
HSBC Holdings Plc’s head of global banking sustainability, Alexi Chan, is planning to take a five-month sabbatical starting
2023-06-14 18:25
Prosus Issues Profit Warning as Tencent’s Earnings Decline
Prosus NV issued a profit warning for its fiscal 2023 after a decline in profit at Tencent Holdings
2023-06-14 17:58
UBS Amasses 1,200 Private Bankers in Asia as Region Spared Cuts
UBS Group AG initially plans to take on the bulk of Credit Suisse private bankers in Asia Pacific,
2023-06-14 16:27
Cathay Pacific Offers to Redeploy Spare Pilots to Low-Cost Unit
Continuing to untangle itself from the legacy of Covid, Cathay Pacific Airways Ltd. offered its junior pilots the
2023-06-14 15:50
Goldman Sees India Holding Its Own Even If China Stocks Rebound
A rebound in Chinese equities is unlikely to spur a strong rotation of funds out of India, where
2023-06-14 13:23
China’s Offshore Green Bond Market Evaporates on Default Worries
After tapping foreign investors for roughly $55 billion in the past five years to fund environmental projects in
2023-06-14 11:56
Ken Griffin Ramps Up Credit Trades, Anticipating US Recession
Ken Griffin, whose hedge fund churned out a record $16 billion for clients last year, is increasing his
2023-06-14 11:49
South Korea's jobless rate in May falls to record low
SEOUL South Korea's jobless rate fell in May to a record low, official data showed on Wednesday, indicating
2023-06-14 07:50
China’s Property Tycoons Remain in Charge Even as Empires Fall
Two years after a crisis erupted at China’s property developers, leaving bills unpaid, homes unbuilt and creditors trying
2023-06-14 06:15
Asia’s Gamblers Cheer Wave of Legalization, Pressuring Macau
In a sea change for the traditionally conservative region, some of the biggest tourism spots in Asia and
2023-06-14 05:24