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Chinese regulators ask large banks to step up support for Vanke, sources say
CHINESE regulators recently met financial institutions to discuss state-backed property developer China Vanke where they asked large banks to enhance financing support and asked private debt holders to discuss...
China asks large banks to support Vanke in rare intervention, sources say
CHINA has asked banks to enhance financing support for state-backed China Vanke and called on creditors to consider private debt maturity extension, in a rare intervention from the central...
UK to offer record £800 million support for offshore wind farms
BRITAIN will offer record support for new offshore wind farms in an upcoming auction as the government tries to make up ground after the process failed to draw any...
Europe: Stoxx 600 rises on miners, tech support; German shares at record high
EUROPE’S benchmark stock index inched up on Tuesday, with Germany’s DAX hitting a record high, while investors awaited this week’s inflation data that could shed some light on when...
SAESL announces US$180 million expansion with EDB and JTC Corporation support
SINGAPORE Aero Engine Services Private Limited (SAESL) announced a US$180 million expansion plan at the Singapore Airshow on Wednesday (Feb 21). The aircraft maintenance, repair and overhaul (MRO) company...
Oil settles lower, demand worries offset geopolitical price support
OIL prices settled lower on Tuesday, with worries about global demand offsetting price support from the Israel-Hamas conflict. Brent futures settled down US$1.22, or 1.5 per cent, to US$82.34 a...
Australia lists nickel as ‘critical mineral’ to unlock billions in support
AUSTRALIA classified nickel as a “critical mineral” on Friday, opening the way for the crisis-hit industry to access billions of dollars in government support. Australia wants to build a...
China January new bank loans hit record high on policy support
NEW bank loans in China jumped by more than expected to an all-time high in January, as the central bank moves to shore up the sputtering economy. Policymakers have...
