In the long run, as China’s currency is increasingly used abroad, it will be one of the few leading global currencies, however US strength will maintain the supremacy of the US dollar, according to analysts at a Sino-German roundtable.

Bangladeshi businesses and economists are pressing the government to defer the graduation from the UN’s least developed country (LDC) status. They argue the government needs to consider the impacts on exports, tariffs, loans and patents.

Corporate issuances are increasing in the offshore Renminbi bond market, despite challenges around rates, liquidity and diversification; Hong Kong is poised to benefit.

Cornerstone investors in the tech firm's listing include Hillhouse Investment Management, Taikang Life Insurance and Grab; net proceeds were $514m and the firm's valuation climbed above $4.6bn on its September 16 debut.

The Singaporean Citi veteran has over three decades of experience at the US bank and replaces Tibor Pandi.

The Australian regulator has cited four proceedings at the bank spanning misconduct across ANZ's institutional and retail divisions, including over the management of a A$14bn government bond issue; ANZ, which is cutting 3,500 jobs, has admitted to "unconscionable conduct" and apologised.

The fund is aiming to catalyse Oman’s energy transformation and economic diversification under Oman Vision 2040; alternative asset manager Templewater, which has offices in Hong Kong and Singapore, has also set-up an office in Muscat.

Despite the promising pass of an Ordinance, use cases of stablecoins in Hong Kong remain vague. Adopting retail stablecoins depends on multiple factors, including the regulator’s stance and technical concerns, such as monitoring unhosted wallets.

Alvaro Huete has been with the French bank for 28 years and is relocating from Paris to Singapore.

Private equity firm TPG is selling the luxury cosmetics packaging firm after purchasing it in July 2023 for around $230m.