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.

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.

The Swedish firm has said that it is no longer providing financial guidance for 2025 and 2026, with job losses expected across its global workforce.

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.

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.