In an opinion piece, Malta Financial Services Authority (MFSA) chairman Jesmond Gatt, shares his views on how Apac's financial community can work closer together with Malta, including across digital assets, insurance and family offices.
The move is in response to a US investigation into China's maritime, logistics and shipbuilding sectors. The Hang Seng Index slumped on October 13 and 14 as US and China trade tensions ramp up.
The US administration wants to take retaliatory action for China’s rare earth export controls. US stock markets and cryptocurrencies lost billions of dollars in value on October 9, while gold has reached $4,000 an ounce. China's commerce ministry said "we aren't afraid to fight".
The division of the Swiss company has a workforce of approximately 7,000 and had revenues of $2.3bn in 2024; SoftBank is looking to fuse artificial super intelligence and robotics.
The partnership, known as GLIDE, is targeting $5bn of high-quality warehouses across the Middle East; it's expected that more partners in the GCC will participate; FA understands an office is being set-up in Abu Dhabi.
Europe’s T+1 transition requires more preparation from financial firms, including infrastructure. Senior directors from BNP Paribas, Capco and DTCC explained why to FA, and how Asia has been adapting to the US transition.
Hong Kong-listed biotech firms are outperforming as Trump’s policies cause firms to change course from their traditional US destination, with more HKEX listings expected in the second half of 2025; experts shared their views at BIOHK.