Leadership
China central bank leaves key policy rate unchanged, as expected
CHINA’S’ central bank on Friday left a key policy rate unchanged as expected when rolling over maturing medium-term loans. The People’s Bank of China (PBOC) said it was keeping...
Hot stock: No Signboard slumps 90.3% upon trading resumption
SHARES of No Signboard tumbled on Friday (Mar 15) morning, as the restaurant operator resumed trading more than two years after it first called for a voluntary suspension. As...
FLCT to acquire 89.9% interest in 4 logistics assets in Germany from sponsor for 118.7 million euros
FRASERS Logistics and Commercial Trust (FLCT) is acquiring an 89.9 per cent interest in four logistics assets in Germany from its sponsor, Frasers Property. On Friday (Mar 15), FLCT...
Top Japanese bond managers see another strong year for sales
JAPAN’S top debt underwriters are predicting another strong performance for corporate and Samurai bond sales in the fiscal year starting April, regardless of what the central bank does on...
Russian diamond ban creates costly delays, Antwerp diamond dealers say
ANTWERP’S diamond dealers face long and costly delays following an EU ban on Russian-origin diamonds that took effect on March 1 and has slowed imports, they say in a...
Democratisation of private assets needs dedicated products, teams, more education
MANAGERS of private assets are experimenting with go-to-market strategies as they attempt to win over high-net-worth investors (HNWIs).Many are investing in educating both distributors and end-clients, and building up...
China to invest in Canada mining despite crackdown, envoy says
CHINA’S ambassador says the country will continue to do business in Canada’s domestic critical minerals sector despite Prime Minister Justin Trudeau’s “unfortunate” crackdown on foreign investment. Ambassador Cong Peiwu...
Zara owner Inditex slashes China stores in digital focus
ZARA-OWNER Inditex more than doubled its pre-tax profits in China last year even as the fashion retailer scaled back its physical presence, closing a fifth of its stores in...