New born panda twins spark hope for Hong Kong’s struggling dining scenes
Hong Kong’s restaurant industry, grappling with a wave of closures, is now looking to an unexpected source of inspiration—pandas. Yes, you read that right! The [more…]
Tether’s play in the Gulf region’s crypto revolution
In the glittering skyline of Dubai, a new star is rising in the crypto cosmos. Tether, the juggernaut behind the world’s largest stablecoin, has just [more…]
Petronas teams up for a greener Malaysia
In an era where the battle against climate change has reached a fever pitch, three giants of the energy world have teamed up to make [more…]
Sweden’s Riksbank cuts rates again amid economic slump
In the ever-turbulent waters of global finance, Sweden’s central bank has taken another plunge, trimming its key interest rate to 3.5%. This marks the second [more…]
Electric vehicle adoption slows, leaving Ampol’s expansion plans in limbo
Ampol’s big dreams of electrifying Australia’s highways seem to be running out of juice, with the fuel supplier lagging behind on its ambitious plan to [more…]
Regulators approve Bouygues Telecom’s acquisition of La Poste Telecom
In a development that could reshape the landscape of France’s telecom market, Bouygues Telecom is inching closer to completing its acquisition of La Poste Telecom. [more…]
Central and Eastern Europe leads solar revolution
In the unlikeliest of places, a solar revolution is taking root. Central and Eastern Europe, a region better known for its coal mines than its [more…]
Standard Chartered shuffles senior execs in global transaction banking
Standard Chartered is shaking things up in its transaction banking division, and it seems like there’s a bit of a musical chairs vibe going on. [more…]
Philippines’ bold rate cut spurs Asia’s central banks to reconsider
In a move that caught many by surprise, the Philippines’ central bank broke away from the pack, slashing its main policy rate last week. This [more…]
HKMA sets new guidelines for GenAI in banking
In a move aimed at steering the burgeoning use of generative artificial intelligence (GenAI) in Hong Kong’s financial sector, the city’s de facto central bank, [more…]