• Temasek expresses regret over FTX investment

    Temasek, Singapore's sovereign wealth fund, has made an unprecedented move by publicly expressing its disappointment with a specific investment and holding those responsible accountable. With a portfolio valued at approximately $300 billion, Temasek is one…
  • Buying banks not the solution to de-banking

    Binance CEO Changpeng Zhao has stated that the company is unlikely to acquire any banking institutions, despite concerns over the de-banking of crypto companies, including Binance's operations in Australia. The recent collapse of several US…
  • Youth unemployment continues to rise in China

    Amidst a surge in youth unemployment, college graduates in China are facing a challenging job market, leading many to accept low-paying positions or jobs below their skill levels. Official data reveals that urban unemployment among…
  • Hong Kong, UAE apex banks tighten alliance

    In a bid to enhance their financial ties, the central banks of Hong Kong and the United Arab Emirates (UAE) have announced their plans to strengthen cooperation across various areas. The Hong Kong Monetary Authority…
  • Deutsche Bank increases investment in Vietnam

    Deutsche Bank has unveiled plans to increase the capital allocation of its Ho Chi Minh City branch in Vietnam by USD 100 million, bringing the total investment to over USD 200 million. This move aims…