Trump’s steel tariffs fuel Apac uncertainty

Retaliatory tariffs, a stronger dollar and several u-turns from the Trump administration are creating an uncertain outlook for 2025 and is pushing up the price of gold; meanwhile, Hong Kong and China are lodging complaints to the WTO.

Chinese EV battery giant CATL files initial HKEX listing application

The Shenzhen-headquartered lithium-ion battery maker has named seven banks involved in the listing process.

Angela Hu joins Houlihan Lokey in Hong Kong

The global investment bank has appointed the former Barclays and JP Morgan banker as a managing director in its financial sponsors group.

Citi's Ashu Khullar to become GAM co-head

K. Balasubramanian, Asia South head of corporate banking, has been appointed India subcontinent sub-cluster & banking head and India Citi country officer & banking head designate, to replace Khullar's current role.

China Vanke secures Rmb2.8bn loan from Shenzhen Metro Group

Shenzhen Metro Group is the Chinese property giant's largest shareholder with the move coming after Vanke said it could make a loss of up to Rmb45bn in 2024.

Japan's Meiji Yasuda Life buys Legal & General America for $2.28bn

The deal includes an agreement to buy Banner Life, enter a partnership in the US pension risk transfer business, and an intention to take a 5% shareholding in Legal & General Group.

Hogan Lovells recruits Singapore partner for regulatory, IP practice

Cybersecurity expert Charmian Aw will join the global firm on February 25 from Squire Patton Boggs.

Citi names Christie Chang as Taiwan CEO and chairman

Chang, president of Citibank Taiwan and vice chair of Asia North corporate banking, will succeed Aftab Ahmed, who is retiring, on April 1.

Bank of China leads cross-border debt financing business

By Bank of China Limited

Using index strategies to tackle a new macro regime

By FTSE Russell, an LSEG business

BRI’s recent award triumphs point to its focus on becoming a champion of financial inclusion

By Bank Rakyat Indonesia

Analysis: How DeepSeek’s AI model is driving investors into an uncomfortable reality

The release of a competitive low cost large language models not only shifts the AI narrative away from expensive hardware, but also prompts debate about a potential inflection point for fund managers, with some models potentially not surviving.

Green bond credentials tokenised under Project Guardian

Reporting tokens will help with digital and tokenised green bonds, hopefully increasing investor confidence in the space. MAS, the NUS, UOB and Northern Trust’s Matrix Zenith are involved.

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