The bank said the funds would be directed at infrastructure development, which it described as "crucial for the country’s sustained economic growth"
The government announced it would raise fuel prices after an agreement with the IMF that included an end to fuel subsidies, allowing the resumption of aid
The Alibaba stock surge came despite the group declining to provide a forecast for the current fiscal year because Covid-19 risks clouded its outlook
A group of investors is suing the CEO of Tesla for forcing down the Twitter stock price, amid claims his ability to finance the $44-billion acquisition of Twitter is in "major peril" due to a fall in the Tesla stock price.
The new blood could mark a turning point as Satoshi Tsunakawa, a former Toshiba CEO who has opposed reforms at the 146-year-old company, will step down
United Overseas Bank was sole global coordinator, and acted with Maybank as mandated lead arrangers and sustainability advisers
Hang Seng Indexes said the metaverse "has captured the attention of people around the world" and such companies are rapidly growing in popularity
The latest drop came as an analyst lowered his price target for Tesla stocks to $800 from $1,150 over Covid-19 lockdowns in Shanghai and supply chain issues
The index has been constructed to make reference to the EU Paris Aligned Benchmark (PAB) Standard as it applies to Asia stock markets
The legendary financier, speaking at the World Economic Forum, said the Chinese leader had made a series of mistakes which could cost him significant influence
Beijing has urged stock and futures exchanges to 'make solid efforts to help companies wade through the pandemic'
A shareholder ballot with 99.9% of votes in favour of the Blackstone buyout effectively ended one of Australia's most storied business dynasties