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Executive is moving to more senior role
India is on track for a record year of IPOs. Global tech giants continue to plough capital into a fast-growing consumer economy that is investing heavily in ensuring it’s a major player — along with the US and China — in an AI-first world
◆ Deal finds demand despite arrest of South Korea's president ◆ High single digit concession left for investors ◆ Leads added spread to calm concerns
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Sri Lanka’s deputy central bank governor, P Nandalal Weerasinghe, tells GlobalMarkets that claims it had fallen into a Chinese debt trap are “rubbish”, pointing out that loans from the Asian giant were lower than those from some multilateral development banks
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In a rare interview, the head of the New Development Bank set up by the Brics nations, KV Kamath, tells GlobalMarkets of his vision of attracting a host of new members that his finance director believes will lead to lending volumes quadrupling within less than a decade
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Ma Jun, a green activist who also sits on the monetary policy committee of the Chinese central bank, tells GlobalMarkets that multilateral development banks need to focus on risk mitigation, reduce the risk of default on demonstration projects and help local banks deliver more lending if they want to deliver on financing green infrastructure
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Heavy debt burdens are forcing African countries to either renegotiate loan terms with China, or ask for debt forgiveness, with some blaming China’s lack of attention to debt sustainability.
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A new report claims that Taiwan has over a $100bn of hidden dollar reserves — more than enough for the US Treasury to classify the Asian country a currency manipulator if it wanted to. But given Taiwan’s strained relationship with China, the US might be prepared to look the other way -
China’s Greater Bay Area has become a focus area for bankers, corporations and regulators. Ma Jun, one of China’s most prominent experts on green financing, thinks it could also become a green hub.
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