MALAYSIA RAISED ALMOST US$2 BILLION VIA SRI SUKUK BETWEEN 2015-2021

Malaysia has raised close to US$2 billion (RM9.2 billion) via 21 sustainable and responsible investment (SRI)…

SATS ACQUIRES FRANCE’S WFS FOR US$1.15 BILLION

Singapore-based ground handling services firm SATS is acquiring Paris-based Worldwide Flight Services (WFS) for US$1.15 billion (S$1.65…

HEDGE FUNDS IN TODAY’S BEAR MARKET SIGNIFICANTLY OUTPERFORM EQUITIES

Hedge funds have provided their best downside protection in the ongoing bear market, as a proportion…

GBP SINKS AS USD SOARS

Sharp fluctuations of major currencies inject new uncertainty into fraught global economic outlook. As the British…

GRAB AIMING FOR 2024 PROFITABILITY

Grab Holdings Ltd. expects revenue to slow sharply as the Southeast Asian internet giant targets profitability…

CHINA INTERVENES IN RMB & RAISES FX RISK RESERVE RATIO

China’s central bank on Monday (Sep 26) announced steps to slow the pace of the yuan’s…

BANK OF THAILAND WATCHING THB/INFLATION CLOSELY

Thailand’s central bank is closely monitoring the baht weakness but there has been no big concern…

ISLAMIC FINTECH WILL CONTINUE TO EXPAND

The Islamic financial technology (fintech) industry in Malaysia has reached maturity and will continue to grow…

INFLOWS INTO SOUTHEAST ASIAN STARTUPS AS CHINA FLOUNDERS

Southeast Asian startups are enjoying a boom in fundraising exercises by venture and buyout funds that…

JAPAN INTERVENES IN JPY. WHAT NEXT?

Japan intervened in the currency market on Thursday (Sep 22) to buy yen for the first time since…