Standard Chartered to cut 15% of back-office roles by 2030

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Standard Chartered is set to cut more than 15% of its back-office roles by 2030 as the bank continues its push into artificial...

IEA warns Southeast Asia’s coal exit hinges on credible transition finance

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Many of Asia's coal-fired power plants could run for decades more without credible policy backstops, adequate financing, and carbon markets that buyers trust. ...

Bain Capital raises $10.5bn for sixth Asia fund

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US investment firm Bain Capital has closed Bain Capital Asia Fund VI, raising $10.5 billion in private equity capital, including approximately $9.1 billion...

PIF’s strategic reset signals a more disciplined global ambition

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Saudi Arabia’s Public Investment Fund (PIF) s recalibrating its global investment strategy, shifting focus from high-expenditure "prestige" projects to a model prioritised by...

Beijing tightens overseas investment oversight amid security concerns

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Amid geopolitical tensions between China and the US, national security has become a key motive in Chinese regulators’ recent restrictions on US investments...

Midea Group completes HK$17.2bn convertible bond issuance

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Chinese global home appliance firm Midea Group has issued HK$17.2 billion ($2.2 billion) dual-tranche convertible bond issuance. ...

Hogan Lovells hires Singapore corporate & finance practice partner

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Global law firm Hogan Lovells has added to its Singapore corporate & finance practice by hiring partner Eric Tan. ...

FA at 30: How Hong Kong’s evolving market infrastructure is building out the GBA

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As part of a special series celebrating FinanceAsia''s thirtieth anniversary, Christopher Chu examines the role of the Hong Kong Stock Exchange (HKEX) and...

Bristol Myers Squibb and Hengrui Pharma sign major licencing deal

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Bristol Myers Squibb (BMS) and Jiangsu Hengrui Pharmaceuticals (Hengrui Pharma) have entered into global collaboration and licence agreements to advance a portfolio of...

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Philippine economy posts slowest growth in five years in second quarter

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First-half growth rate at 2.6%, below the government’s 3.5% to 4.5% full-year targetConstruction contracts 14.8% in second quarter, while investment shrinks 9.2%Household spending...

Walang Pasok August 11, 2026: Class Suspensions Due To Habagat

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These are the areas that announced Walang Pasok on August 11, 2026, due to the southwest monsoon.WALANG PASOK AUGUST 11, 2026 – Several...