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Headline News

Turkey's GSD Boosts Shipping Exposure on Global Economy Recovery - Bloomberg

18h bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (6-0)

Asian shares slip as the dollar firms; Nikkei falls more than 1%

2018-02-20 moneycontrol
Asian shares traded lower on Tuesday after a relatively quiet overnight session, due to U.S. markets being closed for a holiday on Monday. (23-0)

Comm Bank’s CBC Myanmar Microfinance gets license to operate in Myanmar

2018-02-20 lankabusinessonline
Feb 20, 2018 (LBO) – Sri Lanka’s Commercial Bank  subsidiary CBC Myanmar Microfinance Co., Ltd, has obtained the operation license from the Myanmar Micro-finance Supervisory Enterprise to operate in the Republic of the Union of Myanmar.

ICBC gets BSP green light to start PHL operations

2018-02-18 bworldonline
A CHINESE BANK has secured regulatory approval to operate in the Philippines, which comes at a time of warmer ties between the two nations. (1-0)

When Trump’s SEC Punishes Wall Street, It’s Often Done Quietly - Bloomberg

2018-02-15 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (111-0)

Fitch rates Commercial Bank’s Basel III Sub Debt AA-(lka)(EXP)

2018-02-15 lankabusinessonline
Fitch Ratings has assigned Commercial Bank of Ceylon PLC’s (CB, AA(lka)/Stable) proposed Basel III-compliant subordinated unsecured debentures of up to LKR10 billion an expected National Long-Term Rating of ‘AA-(lka)(EXP)’.

While Washington Spends, China Moves to Cut Its $30 Trillion Debt Load - Bloomberg

2018-02-15 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (14-0)

Late Rally Spurs Hong Kong Shares to Biggest Gain Since May 2016 - Bloomberg

2018-02-14 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (1-0)

ICBC’s Hong Kong arm reaches deal with Richard Li’s FWD to sell insurance products for 15 years

2018-02-13 scmp
ICBC (Asia) is FWD’s seventh banking partner and will sell the company’s range of comprehensive life insurance products to its customers (1-0)

Debt-Equity Swaps May Only Defer Risks As Shadow Banking Danger Lurks

2018-02-13 valuewalk
China has spent years studying the US free enterprise system and in some cases has mimicked what works by at times adding or subtracting key components. For instance, the “free” in “free enterprise” more often than not has taken on a different meaning. Business executives and investors are now free to profit from the communist regime but are not free to express their thoughts on political topics. Another area where China appears to be mimicking the US is in its shadow banking sector. (1-0)

Hong Kong's Housing Market Is a ‘Battlefield’ Right Now - Bloomberg

2018-02-13 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (14-0)

ANZ staff can now dress to fit their gender identity

2018-02-11 nzherald.co.nz
A transgender man is pleased that he no longer has to wear a dress to work at ANZ Bank.

Deals of the day-Mergers and acquisitions

2018-02-09 reuters
Feb 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2200 GMT on Friday: (64-0)

Brian Gaynor: China's banks building their NZ presence

2018-02-09 nzherald.co.nz
China Construction Bank is the third Chinese bank to incorporate in New Zealand and be registered as a bank by the Reserve Bank. (3-0)

Chinese big caps fail to escape global turmoil and are on course for steepest weekly decline in two years

2018-02-08 scmp
The SSE 50 Index did defy the market to rise to a more than two-year high on Monday before joining sell-off