For decades, China has required Western companies to establish partnerships with domestic manufacturers to access its vast market. To remain competitive and avoid a painful China shock, the European Union should reverse-engineer the policies that enabled Chinese companies to become world leaders in green technologies

Over 50% global economy reliant on healthily functioning ecosystems

Russia has officially designated China’s renminbi as its main foreign currency, replacing the US dollar and the euro, following new US sanctions aimed at further isolating the country from the global financial system amid its war with Ukraine.

Cécile Gambardella brings a wealth of experience, strong network across bank

Indian asset manager expected acquisition to result in strong, faster path of monetization

First Sentier Investors, a global investment manager based in Sydney, Australia, has appointed Christy Goh as head of intermediary business, Asia, and chief executive officer, Singapore. Marcus Ong has been named head of institutional business, Asia.

Nuveen, the investment manager of the US Teachers Insurance Annuity Association (TIAA) with US$1.2 trillion in assets under management, has appointed William Huffman as chief executive officer.

The Bank for International Settlements (BIS) and the Monetary Authority of Singapore (MAS) have established a blueprint for a platform that integrates regulatory and climate data to help financial authorities identify, monitor, and manage climate risks in the financial system.

The Philippines targets a 35%-50% renewables share in the energy mix by 2040. That’s a tough enough target, but what about the other 50% of the equation, which is also growing?

Addition to existing suite of trading accounts aims to make trading more affordable, accessible

Brookfield Asset Management has secured a US$1 billion commitment from Alterra Management, which is backed by the United Arab Emirates, for a US$5 billion fund to invest in clean energy and transition assets in emerging economies.

Financing focus on boosting working capital access in provinces outside Bangkok

Latin American, African souces, Asia-Pacific partnership all key to supply-chain security

Weaning itself off its reliance on the oil industry, the Middle East is exploring opportunities in emerging sectors and has identified artificial intelligence (AI) as the next economic driver.

The world economy has avoided recession, despite the steepest rise in global interest rates since the 1980s. But, without stronger international cooperation and policies that advance shared prosperity, growth will remain too slow to support progress on development and poverty reduction

Billy Wendy Kusnadi, Joseph Sim, Balaji Dhakshinamoorthy, Narayanan Vaidyanathan

The International Finance Corporation (IFC) is investing US$100 million in a social bond issued by City Savings Bank, a thrift bank in the Philippines, to expand financial inclusion and support human capital development in the country.

Standard Chartered has been appointed as trustee, fund administrator and custodian for seven Collective Investment Scheme (CIS) retail funds managed by iFAST Fund Management.

S64, a London-based alternatives fintech and solutions partner to the wealth management industry, has appointed Marcus Glover as chief technology officer.

BlackLine, a Nasdaq-listed cloud platform provider, has opened its first Asia-Pacific regional data centre at a Google Cloud facility in Sydney.

Singapore has fewest data leaks, biggest IAM challenges, most likely to invest in proactive security

Lazard Asset Management has rolled out its first exchange-traded fund (ETF) in Australia, offering investors access to an actively managed ETF portfolio of listed infrastructure companies.

For conservative, low-risk investors, short-term time deposits with three- to six-month maturity remain good investments while the uncertainty remains over when interest rate cuts will take place.

Firm operates three solar plants, will list on SME Board of PSE, represents third listing