05/09/2023
At the March meeting, the BOJ maintained its ultra-loose policy, including a 0.5% cap for the 10-year bond yield that had come under attack from markets betting on a near-term interest rate hike in the wake of recent rises in inflation.
05/09/2023
The bank currently owns 49 percent of HSBC Jintrust Fund Management and it had now signed an agreement with Shanxi Trust to buy the remaining 51 percent, the news agency indicated.
05/08/2023
MAS has also required DBS Bank to take immediate steps to improve the resiliency and recoverability of its existing system, including enhanced monitoring, more comprehensive testing and additional system redundancies
05/04/2023
The news agency indicated that the legal claim was filed in Switzerland on Wednesday, 3 May 2023, citing Mahesh Rai, a Singapore-based lawyer for Drew & Napier LLC.
05/03/2023
This exercise allowed both agencies to test and strengthen existing protocols for information exchange and incident response coordination for cyber incidents involving banks operating in both jurisdictions.
05/02/2023
It has been signed by APRA Chair John Lonsdale and AFCA’s Chief Ombudsman and Chief Executive Officer David Locke.
04/28/2023
Although the impact of the pandemic on the global economy and the local economy have substantially receded, a small number of trading companies are still facing some degree of funding pressure.
04/28/2023
The consequences of being prosecuted and convicted for safety offences have increased dramatically for contractors following the passing of the amendment bill.
04/27/2023
Located in central China, Henan is the third most populous province in the country with close to 100 million people.
04/25/2023
As in accordance with the fundamental principles of global corporate governance principles, HSBC should at least respect their shareholders and their concerns or views, said Ping An chairman Michael Huang.
04/25/2023
Financial institutions can do more to tap on polytechnic graduates as a talent source to expand the overall pipeline of talent in the sector.
04/24/2023
The Dutch lender is seeking $170 million in damages from China's largest bank.
04/24/2023
While companies are passing on rising import costs to consumers more than expected, Japan’s inflation is likely to peak soon and slow back below the BOJ’s 2 per cent target in the latter half of the current fiscal year ending in March 2024
04/24/2023
Offshore Wind Company holds various direct and indirect stakes in a 2.4 GW portfolio comprised of eight operational offshore wind farms and is one of the world’s largest and diversified offshore wind portfolios.
04/21/2023
The GFTF will deepen bilateral cooperation in green and transition finance between Singapore and China and facilitate greater public-private sector collaboration to better meet Asia’s needs as it transitions to a low carbon future.
04/21/2023
MAS Launches Finance for Net Zero Action Plan
MAS has been working with the industry to co-create a code of conduct, which will require ESG ratings and data product providers to disclose how transition risks are factored into their products.
04/19/2023
In 2020, during the administration of Muhyiddin Yassin, Goldman Sachs reached an agreement that included $2.5 billion in cash
04/19/2023
The central bank said last week that it will ensure that financial support for private firms is in line with their contributions to economic and social development.
04/17/2023
Of the said lawmakers, 16 people failed to submit their wealth report regularly and eight simply failed to comply.
04/12/2023
Piyush Gupta of DBS received S$15.4 million in remuneration for 2022, 13.3 per cent more than for 2021.