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China lowers rates as economy hit by tariffs

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China and the US will start high level trade talks on May 9 in Switzerland.

ASIC imposes additional licence controls on Macquarie's Australian operation

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ASIC is asking for an independent expert to review a remediation plan for the trade reporting functions of Macquarie's futures dealing and OTC derivatives; ASIC commissioner Simone Constant said that the action "underscores" the regulator's concerns with the "recurrent" nature of Macquarie's failures.

India and UK sign 'landmark' free trade deal

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The agreement, which will reduce tariffs across billions of dollars of goods, comes after three years of talks.

BOJ keeps rates unchanged, adjusts GDP growth, as tariff threat brings Apac currency turbulence

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Japan's economy set to be hit amid some wild currency moves across the region, including from the Taiwan dollar.

HKEX has 120 firms in IPO pipeline, signs off HQ, after record Q1 profit

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The SAR's stock exchange is enjoying a boom from Chinese firms looking to expand and tap more investors; the local economy also grew by 3.1% in the first quarter.

Richard Perks joins Ropes & Gray in Hong Kong

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The M&A lawyer joins the US law firm's private equity practice from Freshfields; Perks will also have a regular presence in Tokyo.

Middle East’s Al-Futtaim Group sells majority stake in insurance broker to WTW

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The joint venture Al-Futtaim Willis has been in operation for five decades and is based in Dubai and Bahrain; after securing a reinsurance broking license in Saudi Arabia, WTW is continuing its expansion in the region.

Fosun International refinances $870m loan

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A new loan for the Chinese conglomerate included a greenshoe option and involved Chinese and international banks.

Sidley Austin appoints infrastructure M&A partner in Singapore

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The hire of Alun Evans from A&O Shearman will strengthen advising capabilities targeting private funds’ local market transactions.

Analysis: How Hong Kong is building financial infrastructure for the Rmb

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The HKMA and CMU Omniclear are leading Hong Kong’s ambitions to internationalise the use of Chinese bonds in global trading. The development of the innovative infrastructure represents a breakthrough for Rmb repos, clearing, settlement and custody.

IMF delays loan review for Bangladesh amid failure to meet conditions

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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.

Geely-owned Volvo hits Q1 slowdown amid ‘turbulence’; set to cut $1.9bn in costs

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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.

Banks eye opportunities, challenges in tokenisation wave

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While banks should remain conservative, a balance with innovation can be reached, according to Deutsche Bank’s Boon Hiong Chan.

Citi hires Christopher Chan in Singapore from Goldman Sachs

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Chan will join from Goldman Sachs as head of markets solutions for financial institutions for Asia South and Asia North in July.

Korea’s SK Telecom to divest $277m worth of Kakao stocks

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Transaction is priced at $25.6 per share equivalent for 10,818,510 shares of Kakao that SK Telecom holds.

Andrea Casati to join Standard Chartered as head of client development, global banking

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Starting May 6 in Hong Kong, Casati will help build additional banking capabilities including advisory, financing and risk management.

US readies huge tariffs on solar cells from Vietnam, Malaysia, Thailand and Cambodia

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The potential tariffs involve antidumping investigations connected to around $12bn of solar cells exported from Vietnam, Malaysia, Thailand and Cambodia, with some specific companies targeted.

Hong Kong’s Ether spot ETFs approved to support staking

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Staking activities using two funds will be made available on April 25 and May 15, respectively.

Thai exchange lists eight Chinese tech depositary receipts in April

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The DRs represent HKEX-listed Chinese firms including Alibaba, Tencent and Xiaomi.

Analysis: How Macau is deepening offshore Renminbi liquidity with Hong Kong

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The cooperation includes a new arrangement between the HKMA and AMCM to facilitate a cross-border investment channel to clear, settle, and hold bonds registered in either market; bond deals are climbing strongly in Macau.

CGIF backs 'landmark' Cambodia project bond from SchneiTec Dynamic

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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.

Cooley bolsters India and SEA capital markets practice with partner hire

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Shashwat Tewary has joined from Sidley Austin and will help advise companies and investments banks on transactions including IPOs, bonds, REITs and restructuring.

Hogan Lovells boosts DCM team in Singapore with Linklaters hire

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Phill Hall has worked across Apac on a range of international capital markets transactions, including debt issues, covered bonds and Islamic finance, including in India and Australasia.

FinanceAsia Awards 2025: Australia and New Zealand winners announced

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Read on for the winners of the 29th iteration of the FinanceAsia Awards, across Australia and New Zealand.

FinanceAsia Awards 2025: Southeast Asia winners announced

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Read on for the winners of the 29th iteration of the FinanceAsia Awards, across Brunei, Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.

Trump pauses most tariffs, but keeps 10% in place; increases tariff on China to 125%

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US president Donald Trump has ordered a 90-day pause on retaliatory tariffs above the 10% already imposed, except for Chinese goods, with tariffs now at 125% after China retaliated; the EU has also retaliated. Trump may have been fearful over the impact on the US bond market.

Trump threatens China with 104% tariffs as market turmoil to continue

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The US-China trade war, sparked by US president Donald Trump's tariffs, looks like it is just beginning, with global markets set to be on a roller coaster for weeks.

China hits US with 84% tariff after Trump hit China with 104% tariff as market turmoil continues

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The US-China trade war, sparked by US president Donald Trump's tariffs, looks like it is just beginning, with global markets set to be on a roller coaster for weeks; China has now retaliated further.

Trump slaps 104% tariff on Chinese goods as market turmoil to continue

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The US-China trade war, sparked by US president Donald Trump's tariffs, looks like it is just beginning, with global markets set to be on a roller coaster for weeks.

Trump's tariffs could hit Vietnam hard

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The tariffs are set to come in on Wednesday, April 9, and could cause huge upheaval for US companies, Chinese companies and Vietnamese companies across their supply chains.

Pentagreen, BII and ib vogt Singapore team up with $80m renewable energy financing

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The facility is aiming to unlock the implementation of $300m of projects in SEA with a total capacity of circa 260 megawatt peak (MWp) of power generation capacity and circa 175 megawatt hours (MWh) battery storage.

Exclusive Interview: HSBC's head of Asia & ME, Corporate & Institutional Banking

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FA recently caught up with Jo Miyake, head of banking, Asia and Middle East at HSBC Corporate and Institutional Banking, on capital allocation shifts, cross-border opportunities, sustainable financing and regulation.

Philippines bureau agrees credit sharing with Korean financial group

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Filipinos and Korean nationals will be able open bank accounts and access other financial services in the each other's respective markets, using credit records and a API.

Markets tumble as China retaliates to US tariffs amid global recession fears

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Global stock markets are tumbling as US president Donald Trump unveils sweeping global tariffs, with many Asian economies hit hard; many fear the move could spark a global trade war as China's retaliation to hit US chip imports, and US recession fears climb.

Trade war fears grow as China responds to Trump's tariffs

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US president Donald Trump's sweeping tariffs, from April 9, are set to hit China, India, Taiwan, South Korea and many other countries hard; China has responded in kind sparking a global trade war threat.

Trump sparks trade war fears as Asian countries hit hard by US tariffs

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US futures tumble as US president Donald Trump unveils sweeping tariffs on countries across Asia, with India, China, Taiwan and South Korea all hit hard; many fear the move could spark a global trade war.

RHB Singapore appoints Goh Ken-Yi as CEO, with Danny Quah taking on a broader role

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Goh Ken-Yi, previously deputy CEO of RHB Singapore, succeeds Danny Quah, who is taking on a wider leadership position at the Malaysian bank, including a focus on international expansion.

China to issue Rmb500bn of special treasury bonds to support Tier 1 capital at four large banks

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The move to help address a number of funding issues, will benefit Bank of China, China Construction Bank, Bank of Communications, and Postal Savings Bank of China.

Hong Kong’s MTR makes $3bn public bond deal

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Global investors participated in the deal which included five year, 10 year and 30 year senior bonds, and is the largest US dollar bond issuance in Hong Kong in the Reg S format.

Australia to develop digital asset framework, highlighting de-banking challenges

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The new regulation is targeting digital asset and payment service providers in both cryptocurrencies and stablecoins; draft legislation is expected by the end of 2025.

Hillhouse Investment’s Rava Partners buys majority stake in Dash Living

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The investment in the Apac serviced apartment and rental housing firm could be worth as much as $150m, with the money set to help expand Dash Living's footprint in the region, in particular in Japan.

VIDEO: Deutsche Bank sees strong pipeline in Asia Pacific M&A

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A challenging market backdrop offers scope for increased M&A activity in Asia Pacific in 2025. Rohit Satsangi and Zi-Kuan Lim, Co-Heads of M&A for Deutsche Bank in the region, talk to FinanceAsia about the key opportunities, and why the firm is well-positioned to capitalise on them.

Asia's Best Companies Poll 2025: Industry winners

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FA reveals the industry winners of the Best Companies Poll 2025.

Asia's Best Companies Poll 2025: Market winners

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FA reveals the market winners of Asia's Best Companies Poll 2025.

OSL hits profitability with HK$55m return

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The HKEX listed exchange benefitted from surging crypto prices, and is looking at overseas markets and payment expansion.

Seviora Group establishes office in Abu Dhabi

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The Middle East office for the Tamasek-owned firm, which has $54bn assets under management, will add to offices in Singapore, India, China and Indonesia; Sadiq Hussain will lead its Middle East operations.

Indian PE healthcare deals boost Apac private equity’s bounce back

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Demographics, economic growth and government initiatives are bolstering demand to provide more investment into India's healthcare infrastructure, as overall PE sentiment in the region improves.

AstraZeneca signs strategic partnership with Beijing; invests $2.5bn

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The pharmaceutical firm expects its workforce in Beijing to grow to 1,700 employees and is launching a JV with BioKangtai to help make vaccines; there is also investment into AI.

Citi appoints new Japan head of markets

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Citi's Akira Hoshino succeeds Tokiya Kishie, who has left the company.

Equinix issues S$500m green bond in Singapore debut

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The money raised from the 3.5% notes, due in 2030, will go towards the data infrastructure firm's green projects such as energy efficiency at its data centres across Apac; DBS, Standard Chartered, HSBC and OCBC helped secure the bond.