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IMF delays loan review for Bangladesh amid failure to meet conditions

An April review by the IMF ended without an agreement, with June the next opportunity to meet the IMF's conditions and release two tranches of loans.

April 29, 2025

Greater Bay Area could benefit from proposed ‘Belt and Road Games'

The games, if they go ahead, potentially in 2027, are expected to bring economic benefits to the Greater Bay Area, including Hong Kong, and countries part of the Belt and Road Initiative.

April 22, 2025

AstraZeneca signs strategic partnership with Beijing; invests $2.5bn

The pharmaceutical firm expects its workforce in Beijing to grow to 1,700 employees and is launching a JV with BioKangtai to help make vaccines; there is also investment into AI.

March 25, 2025

AI adoption speeds up Asia trading efficiency optimisation

Artificial intelligence is helping improve trading efficiency, however, a balance with cost efficiency is crucial for financial institutions to stay competitive.

March 04, 2025

Industrial Bank (HK branch): taking a leadership role within Asian structured finance

By showcasing its innovative financing capabilities and strategic approach to execution, the key role that Industrial Bank Co., Ltd. (a joint stock company incorporated in the People's Republic of China with limited liability), Hong Kong Branch played on Ascendent Capital Partners’ acquisition of Hollysys Automation Technologies secured a ‘Best Structured Finance Deal’ award from FinanceAsia.

Industrial Bank

Carlyle's Hexaware Technologies seals $1bn India IPO

The global IT services firm, which uses AI, is still majority owned by Carlyle; the listing on the BSE and NSE is the largest technology services and sponsor-owned IPO in India; there were five banks involved.

February 19, 2025

Trump begins with flurry of executive orders and threat of tariffs

The new US president issues orders for the US to leave the World Health Organisation and Paris climate agreement, with digital app TikTok emerging as one potential leverage point between the US and China over tariffs.

January 21, 2025

Hong Kong's Cornerstone Robotics raises $70m in Series C funding

The investment in the surgical robotics firm was led by EQT and included Hong Kong's Innovation and Technology Venture Fund.

January 13, 2025

Trump uncertainty looms over fixed income markets

Asset managers share the view that despite a strong base for the US economy, Trump’s actual tariff and immigration policies after he assumes office will be key.

December 10, 2024

Adani Group founder indicted by US authorities over alleged bribery

There are allegations of $250m of bribes paid to Indian government officials to secure solar energy contracts for an Indian energy firm with Guatam Adani named by a court.

November 21, 2024