Rest Of World

The global investment firm is planning an office in the Abu Dhabi Global Market later this year, with Benno Klingenberg-Timm, head of institutional for Europe and Asia, readying to relocate to the region.

Bayfront VIII has a portfolio of 44 project finance and infrastructure loans and bonds across 40 obligors based in Asia Pacific, Europe and the Americas.

Amid encouragement from China, countries in the region and international entities, are increasingly issuing large panda bonds to diversify from US dollar debt.

The US president said that more talks between the US and Iran will take place later this week.

As oil moves above $115 a barrel, Apac governments are scrambling to reduce energy demand as the OECD sees US inflation rising to 4.2% this year. Markets are bracing for more turmoil as the war escalates with the Houthis joining the fight.

Recent deals have involved hotel, food delivery and energy assets from firms in Vietnam, Taiwan, Japan and Thailand. Japanese corporates are seeking diversification in western markets.

Financial markets in the Middle East, Apac and across the world are being hit as the price of a barrel of crude and West Texas Intermediate (WTI) oil surges above $100; the impact on aluminium is another issue.

Hong Kong-based De Sousa discussed resources, hybrid working, the bank's Green Weighting Factor and how artificial intelligence is an enabler, for International Women's Day.

Energy prices are rising, stock markets are falling and flights remain cancelled as Iran continues attacks on countries across the Middle East, as Israel and the US ramp up pressure.