THE Philippines is returning to the global bond market with a benchmark-sized US dollar bond offer with tenors of 5.5, 10.5 and 25 years, a term sheet showed on Monday.
CENTRAL banks aren’t giving up their inflation fight yet with the peak in interest rates still to come in most economies, but pauses will come at some point in 2023 — and perhaps even pivots.
GOLDMAN Sachs Group is embarking on one of its biggest round of job cuts ever as it locks in on a plan to eliminate about 3,200 positions this week, with the bank’s leadership going deeper than rivals to shed jobs.
JAPANESE Prime Minister Fumio Kishida said on Sunday (Jan 8) that the government and the central bank must discuss their relationship with each other in guiding economic policy, when a new Bank of Japan (BOJ) governor is chosen in April.
CHINA’S Ant Group said on Saturday (Jan 7) that its founder Jack Ma will no longer control the Chinese fintech giant after the firm’s shareholders agreed to implement a series of shareholding adjustments that will see him give up most of his voting rights.
ANT Group’s founder Jack Ma will no longer control the Chinese fintech giant after the firm’s shareholders agreed to implement a series of adjustments that will see him give up most of his voting rights, the group said on Saturday (Jan 7).
SAM Bankman-Fried is trying to persuade a US court that he should be able to access Robinhood shares worth around US$450 million to help pay for his legal fees.
NORWAY’S US$1.3 trillion sovereign wealth fund has recommended that the country should consider investing in unlisted equities in the longer term to boost returns.
CRYPTOCURRENCY conglomerate Digital Currency Group (DCG) has closed its wealth-management division, known as HQ, in the latest sign of trouble amid a deep and prolonged slump in the crypto industry.
SINGAPORE’S main crypto lobby group has pushed back on the central bank’s proposals to bar crypto firms from lending out retail customers’ digital tokens, saying such a measure is “overly restrictive.”
