Markets

The government is looking to reform business and visa approvals and raise a significant amount in tax revenue which economists are warning will be difficult to achieve.

Lillian Li, Moody’s Ratings VP and senior credit officer, explained to FA that companies in manufacturing, high tech, infrastructure and logistics are facing higher geopolitical risks than other sectors; China's outbound direct investment is on the rise.

The proposed VITRO REIT listing would be the Philippines’ first digital infrastructure REIT, amid a quiet Southeast Asia IPO market and increasing demand for data centre development.

The HKEX-owned exchange will list a cash-settled HRC contract referencing SHFE prices, offering overseas participants exposure to China’s flat steel market; trading is expected to begin in October.

Deutsche Bank is the latest firm to join Loco Singapore, Singapore’s over-the-counter gold clearing system, which will be ready by the end of 2026, with interbank trading being developed next year.

Japan’s largest taxi-hailing app operator opened 21.25% above its offer price on the Tokyo Stock Exchange, with Nomura, Goldman Sachs and BofA Securities acting as joint global coordinators.

Jason Zeall, director, Sun Hung Kai Capital Partners, shares his views on aligning the interests of general and limited partners in a more challenging environment for private equity firms.

The Taiwan-listed fibre optic and data cable manufacturer will buy the Singapore-headquartered ICT business using cash and Citi financing to strengthen its data centre infrastructure capabilities amid surging AI demand.

The 21-member group will advise on expanding bond tokenisation beyond a series of government pilots, as Hong Kong accelerates its digital financial development.