Cultural readiness, not just code, is emerging as the biggest barrier — and opportunity — in scaling AI across financial services, according to MAS and AWS.

As the US Fed meets this week, investors are watching the oil price, inflation, geopolitics, shipping and aviation risks.

The funds have been raised to meet MTR’s growing spending needs for upcoming railway and real estate projects.

Hong Kong stocks and listings have performed well since the start of the year as depressed valuations and budding confidence has shifted capital away from US stocks; more listings this week show the momentum is here to stay, despite tariff uncertainty.

The South Asian nation has agreed a more flexible exchange rate to help unlock $1.3bn of funds.

The issuance from the Hong Kong conglomerate, formerly known as NWS Holdings, was to finance the redemption of its outstanding offshore capital securities by its subsidiary.

The Hong Kong-headquartered Asian life insurer, backed by billionaire Richard Li, has made several similar filings in recent years without triggering an IPO.

$400m has been allocated to support Digital Halo, which has assets in the Philippines and Malaysia; the Swiss PE firm is also expanding its data centre footprint in Australia.

ASIC is asking for an independent expert to review a remediation plan for the trade reporting functions of Macquarie's futures dealing and OTC derivatives; ASIC commissioner Simone Constant said that the action "underscores" the regulator's concerns with the "recurrent" nature of Macquarie's failures.