China and the US will start high level trade talks on May 9 in Switzerland.

The agreement, which will reduce tariffs across billions of dollars of goods, comes after three years of talks.

Staking activities using two funds will be made available on April 25 and May 15, respectively.

Asia’s fixed income markets began 2025 on a stable footing, buoyed by falling rates and policy support from China; however, as credit spreads rise amid tariff mayhem, investors are seeking pockets of opportunities such as NBFIs and LGFVs.

The Net-Zero Banking Alliance has updated its guidelines amid a flurry of high-profile exits from the global group, including Macquarie, Mizuho Financial Group, Nomura and JP Morgan.

The DRs represent HKEX-listed Chinese firms including Alibaba, Tencent and Xiaomi.

Yuanta Securities (Cambodia) acted as the lead manager and underwriter for a transaction with three tranches worth a total of $49m; the proceeds will finance a 60MWac solar photovoltaic (PV) plant with an integrated battery energy storage system.

Phill Hall has worked across Apac on a range of international capital markets transactions, including debt issues, covered bonds and Islamic finance, including in India and Australasia.

US president Donald Trump has ordered a 90-day pause on retaliatory tariffs above the 10% already imposed, except for Chinese goods, with tariffs now at 145% after China retaliated; Trump has now put tariff exemptions on smartphones, electronics and computers.

The US-China trade war, sparked by US president Donald Trump's tariffs, looks like it is just beginning, with global markets set to be on a roller coaster for weeks; China has now retaliated further.