The US Federal Reserve’s Federal Open Market Committee (FOMC) delivered another widely anticipated interest rate cut early Thursday (Hong Kong time), trimming the federal funds rate by 25 basis points ...

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US-headquartered Citi and Hong Kong-licensed PAO Bank ( PAObank ) have partnered to enable PAObank to introduce a new service, allowing its retail customers to conduct real-time foreign exchange ( FX ...

The European Commission's rushed plan to water down landmark digital legislation reflects the view that excessive regulation ...

Golar LNG has put in place a US$1.2 billion asset-backed debt facility to refinance a floating liquid natural gas vessel FLNG Gimi operated by its subsidiaries.

Operating subsidiaries of Vulcan Energy Resources have signed a €1.185 billion (US$1.38 billion) debt package to develop the first phase of its Lionheart integrated lithium and renewable energy ...

US-based Citi has appointed Soonwook Kwon as its head of markets sales for Korea, reporting to Cecile Gambardella, head of ...

FG Gold has achieved financial close and the first drawdown on its US$330 million senior debt financing with Africa Finance Corporation (AFC) and the African Export-Import Bank (Afreximbank), for its ...

The International Islamic Liquidity Management Corporation (IILM) has onboarded Jaiz Bank as its first primary dealer from ...

In contrast, smaller private banks like VietA and BVBank faced costs as high as 5.1% to 5.2%, signalling their greater ...

A €1.7 billion (US$1.97 billion) debt package has been put in place for the Antalya-Alanya Motorway project in Türkiye. The amount is approximately 70% of the total project investment cost of €2.5 ...

The Asset provides authoritative, unbiased coverage of the financial markets together with independent financial research on Asian issues, trends & developments ...