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Danantara seeking 50 trillion rupiah in bonds from ‘patriot’ investors

The fund has collected an estimated US$7 billion in dividends from state-owned enterprises that have been shifted under its supervision

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Heir to Malaysian fortune seeks US$200 million for private markets

Rachel Lau plans to take majority stakes of 50% to 80% in international companies and help them with their expansion in South-east...

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Mastercard appoints new president for Asia-Pacific

Ari Sarker will step down and move into an advisory role

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Trump orders removal of a Fed governor over mortgage fraud allegations

US PRESIDENT Donald Trump ordered the removal of Federal Reserve Governor Lisa Cook “effective immediately” on Monday, citing allegations of false statements...

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Trump moves to fire a Fed governor over mortgage fraud claims

Cook rejects the president’s authority to do so, saying no cause exists

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US appeals court orders SEC to review short-selling rules

A US appeals court ordered the Securities and Exchange Commission on Monday to assess the economic impact of President Joe...

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Wall Street hires more senior bankers as growing confidence spurs deal rebound

While hiring for senior managing director positions has been steady, junior staff hiring jumps 200% in August

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India central bank chief says RBI hasn’t ‘lost sight’ of growth

India’s central bank has not “lost sight” of its growth objective, even as price stability remains its primary mandate, governor Sanjay...

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Barclays, BNP pivot to September Fed rate cut on Powell’s labour warning

The rate-setting FOMC is scheduled to meet again on Sep 16 and 17

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OCBC establishes blockchain-based digital US commercial paper programme

The bank says this will help strengthen its US dollar liquidity resilience

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