Mehra has started the Hong Kong-based newly created role on May 12, joining from Goldman Sachs.

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.

The SAR's stock exchange is enjoying a boom from Chinese firms looking to expand and tap more investors; the local economy also grew by 3.1% in the first quarter.

The joint venture Al-Futtaim Willis has been in operation for five decades and is based in Dubai and Bahrain; after securing a reinsurance broking license in Saudi Arabia, WTW is continuing its expansion in the region.

A new loan for the Chinese conglomerate included a greenshoe option and involved Chinese and international banks.

The HKMA and CMU Omniclear are leading Hong Kong’s ambitions to internationalise the use of Chinese bonds in global trading. The development of the innovative infrastructure represents a breakthrough for Rmb repos, clearing, settlement and custody.

While banks should remain conservative, a balance with innovation can be reached, according to Deutsche Bank’s Boon Hiong Chan.

Transaction is priced at $25.6 per share equivalent for 10,818,510 shares of Kakao that SK Telecom holds.

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.