Reuters Asia Business

By Li Gu and Clare Jim SHANGHAI/HONG KONG (Reuters) – China Vanke’s bonds gained on Monday after the state-backed developer said it would redeem its 2027 notes worth 1 billion yuan ($137.68 million) early in March. Vanke’s announcement boosted investor confidence on its ability to repay its near-term financial debt, including a 3 billion yuan …

China Vanke bonds jump after plan to redeem early $138 million onshore notes Read More »

SINGAPORE (Reuters) – Bank of Singapore, one of Asia’s biggest private banks, said on Monday that it has made six new appointments in Dubai to enhance its advisory and product solutions in the region. Bank of Singapore, part of Singapore’s second-largest lender Oversea-Chinese Banking Corporation, said in a statement that Zeena Abou Elnaja joined its …

Bank of Singapore makes six new appointments in Dubai Read More »

(Reuters) – Investment firm Carlyle said on Monday it had appointed Citi executive Brad McCarthy as the new managing director and Asia Pacific chief of its global wealth division. McCarthy will be responsible for expanding Carlyle’s wealth platform across Asia Pacific with a focus on enhancing client offerings, the company said. Before joining Carlyle, McCarthy …

Carlyle appoints new global wealth division head for Asia Pacific Read More »

BEIJING (Reuters) – China’s January non-manufacturing activity grew but at a slower pace than in December, an official survey showed on Monday, suggesting policymakers need to introduce even more stimulus measures to prop up depressed domestic demand. The official non-manufacturing purchasing managers’ index (PMI), which includes services and construction, fell to 50.2 from 52.2 in …

China’s Jan non-manufacturing activity growth slows Read More »

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets.  A big week for world markets kicks off in Asia on Monday with investors still navigating the blizzard of headlines around U.S. President Donald Trump’s likely economic agenda, while trying to gauge whether the “U.S. exceptionalism” narrative may be losing its …

Morning Bid: Monitoring dollar, DeepSeek and China’s PMIs Read More »

BEIJING (Reuters) – Profits at China’s state-owned enterprises rose 0.4% in 2024 from the previous year, the Ministry of Finance said in a statement on its website on Sunday. That compares with a 7.4% rise in state firm profits in 2023. (Reporting by Kevin Yao; Editing by Tom Hogue)