This is the lowest H1 figure in the region since 2016. The Asia-Pacific region, excluding Japan, recorded a 25 percent year-on-year (yoy) decline in investment banking fees to US$9.3 billion in the first half of 2024. This was the lowest H1...
Credit risk management will be a key concern for banks amidst fluctuating interest rates. Whilst banks in Hong Kong are expected to continue benefiting from high interest rates, an expected rate cut in the near future and ballooning climate risk...
One of the world’s fastest growing pools of retirement capital is reducing its investments in hedge funds, as regulatory scrutiny grows on fees and performance at Australian pension funds. The average allocation to hedge funds was just 0.6% of growth...
Epiroc has completed the acquisition of the remaining share of ASI Mining, a US-based autonomous mining solutions company. Epiroc already owned 34% of ASI Mining, which it acquired in 2018. The acquisition regards the remaining 66% of the company. ASI Mining...
Two new 5.25 MW solar farms will be built on Gumatj and Rirratjingu country on the Gove Peninsula in the Northern Territory, as Rio Tinto works to secure a more sustainable power supply for the region beyond mining. The solar...
Global trade trends turned positive in the first quarter of 2024, with the value of trade in goods increasing by around 1% quarter-over-quarter and services by about 1.5%. According to the latest Global Trade Update released by UN Trade and...
Foreign direct investment (FDI) into China from January to May 2024 reached 412.51 billion yuan ($56.81 billion), with the number of newly established foreign-backed companies reaching 21,764, up 17.4 percent year-on-year, China's Ministry of Commerce (MOFCOM) announced. The FDI in...
Lenders too risky, debt-laden companies are increasingly demanding protection from financing manoeuvres used to undercut creditors when times get tough. A recent crop of leveraged loans demonstrates investors’ heightened concern with protecting their assets. In some recent deals, money managers...
Both equity and debt issuance rises in the first six months of the year. Global investment banking picked up in the first half of 2024, with securities issuance rising to a three-year high, according to LSEG Data & Analytics. Equity capital...
Uncertainties like the Chinese real estate crisis call for effective credit risk management. Asia Pacific (APAC) banks need to turn their heads toward non-payment insurance (NPI) to temper declining loan volumes, abundant liquidity, and rising bad debt provisions, particularly in...
