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...and Asian Development Bank was “out of step” with the wishes of most of their shareholders....
...Since 2022, the European Bank for Reconstruction and Development has lent $890mn to Ukraine’s producers of eggs, poultry and sugar, which will soon face quotas to protect EU jobs, the bank told the Financial...
...The Development Bank of Japan said it wanted to connect the country’s start-ups with others across the world....
...The Asian Infrastructure Investment Bank, Beijing’s answer to the World Bank, is set to unveil a “climate action plan” this week that will become its top priority and spur a sharp increase in financing....
...The International Development Association (IDA) is in need of the “largest replenishment ever” of financial resources to provide cheap loans and grants to 75 developing countries, Dirk Reinermann, the bank...
...Latin America’s biggest development bank plans to increase lending by about $112bn over the next decade, pushing up annual loans by almost half following an increase to its firepower and internal reforms...
...Asian equities were mixed during early trading on Thursday after China’s central bank announced measures to increase liquidity in the country’s financial system....
...Commonwealth Bank of Australia, the country’s largest bank, ended the day on a record after gaining 1.8 per cent....
...Japanese equities fell ahead of a decision from the country’s central bank on whether to raise rates for the first time since 2007, but losses were larger for other major Asian bourses in early trading....
...Meanwhile, tracking flows in and out of Asian equities is silly, as I’ve also written previously....
...Asian stocks rose on Wednesday, tracking Wall Street higher as investors bet that further US interest rate rises next year are increasingly unlikely....
...Asian equities were mixed on Monday morning after Wall Street stocks closed at a record high the previous Friday and investors look ahead to a week of central bank meetings....
...Hong Kong’s Hang Seng index rose 1.8 per cent and China’s CSI 300 added 1.7 per cent after a Wednesday announcement from the People’s Bank of China that said it would lower the reserve requirement ratio....
...Asian equities diverged on Thursday afternoon, with Chinese, Hong Kong and South Korean stocks making gains while the rest of the region’s indices traded lower....
...Asian stocks declined on Tuesday, following US and European stocks lower as markets reacted to hawkish central bank signals on interest rates....
...Asian markets followed Wall Street higher on Friday morning, after the US Federal Reserve signalled a series of interest rate cuts next year....
...Chinese equities led Asian markets lower on Thursday, as investors reacted to minutes from the US Federal Open Market Committee’s latest meeting that signalled interest rates could remain elevated for longer...
...Vietnam has pledged tax breaks and other perks to semiconductor companies to help develop the sector as the south-east Asian country takes on an increasingly crucial role amid the China-US chip war....
...Connecting Asian retail investors with US night-owls has been crucial to building Blue Ocean’s activity....
...After the Asian crisis in 1997-98, Millstein persuaded James Wolfensohn, then president of the World Bank, that corporate governance provided vital underpinning for economic development....
...Judy Hsu, who runs consumer and private banking, will also oversee China and North Asian markets from Hong Kong....
...Asian markets followed Wall Street higher on Thursday morning after the US Federal Reserve held interest rates at 5.25-5.5 per cent and signalled a timeline for future cuts....
...Chinese banking stocks led Asian markets higher on Thursday, as intervention from the country’s sovereign wealth fund responsible for public financial institutions, as well as dovish comments from the US...
...Asian stocks fell on Monday as concerns over China’s economic health outweighed optimism over the potential that US interest rates had peaked....
...Among the younger Asian client base, there is now strong interest in investing in sustainable solutions....
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