Department of Investment and Public Asset Management has proposed the dilution of the government shareholding in…
Category: Finance
Banque Syz has Frozen Hundreds of Millions as a Result of Investigation
Genevan wealth manager saw more than 1.1 billion Swiss francs ($1.2 billion) frozen after it was…
Fintech Risk Control Centre in Beijing
Chinese central government has unveiled plans to create a fintech risk control center in Beijing, highlighting…
Sterling Drops as Escalating Brexit Tensions
Sterling has weakened against the U.S. dollar as escalating tensions between the U.K. and the EU…
Asian Development Bank to Finance a Greenfield 4G Mobile Network.
The investment demonstrates our continued efforts to deliver essential and affordable infrastructure services to the people…
Falling Profits Will Continue for Chinese Banks
Chinese banks will continue to see falling profits in H2 as authorities plan to more than…
Economic Fallout Hits Singapore Banks
Economic fallout resulting from the ongoing coronavirus pandemic will further weaken Singapore banks’ key financial metrics.…
UAE Investors Remain Cautiously Optimistic in Stock
ADNOC Distribution shares gained 5.57 per cent after the parent company concluded a $2.7 billion deal…
Bank Hapoalim and Bank Leumi to Forge Cooperation in the Financial Sector
The discussions will look to establish banking relationships that will strengthen financial and economic cooperation between…
JPMorgan and China Securities JV
JPMorgan to buy a 20% stake in its Chinese securities joint venture that has been put…