CONTEMPORARY Amperex Technology (CATL), the world’s biggest maker of batteries for electric cars, has chosen banks for its sale of global depositary receipts (GDR) in Switzerland to raise at least US$5 billion, according to people familiar with the matter.
FIFTY-and-done has a nice ring to it. The Bank of England (BOE) should live up to market expectations and raise its official interest rate by 50 basis points to 4 per cent on Thursday (Feb 2). But then it should take a breather while assessing the economic impact of...
THE UK intends to regulate crypto asset activities including trading, lending and custody under the same regime as traditional financial services.
CREDIT Suisse Group plans to shift an asset management business that helps buyout firms raise funds to its First Boston spinout as the firm works to reshape its investment bank after losses.
PAYPAL Holdings said it will cut 2,000 staffers as it contends with a macroeconomic slowdown that’s weighed on the firm’s business in recent quarters.
THE Reserve Bank of India (RBI) said on Tuesday it had decided to partially relax the restrictions on SBM Bank (India) until Mar 15, by allowing ATM and point-of-sale transactions on internationally active debit cards issued by the bank.
HONG Kong’s de facto central bank will push ahead with proposals to regulate stablecoins, as it seeks to address the risks they pose to financial stability highlighted by the crypto sector’s turmoil last year.
The US, European Union and the UK are all expected to announce a hike in interest rates this week, with analysts keeping a close eye on whether these will be higher than the consensus forecasts.
The US, European Union and the UK are all expected to announce a hike in interest rates this week, with analysts keeping a close eye on whether these will be higher than the consensus forecasts.
The US, European Union (EU) and the UK are all expected to announce a hike in interest rates this week, with analysts keeping a close eye on whether these will be higher than the consensus forecasts.











