Andrew Tjaardstra

The lead managers for the bond were Bank of China (Hong Kong), HSBC and Standard Chartered; the 3-year bond is listed on the Luxembourg Stock Exchange and will settle on the HKMA's Central Moneymarkets Unit.

The global IT services firm, which uses AI, is still majority owned by Carlyle; the listing on the BSE and NSE is the largest technology services and sponsor-owned IPO in India; there were five banks involved.

HSBC's chief executive Georges Elhedery said the bank is on track to make $300m of savings by the end of 2025; the London-headquartered bank has also exited its Bahrain retail business and announced a $2bn share buyback.

Ian Johnston, chief executive, Dubai Financial Services Authority, is confident the growing flows between Asia and the Middle East will continue.

Nissan is expecting a net loss of ¥80bn for the current fiscal year as the Japanese giant moves ahead with ¥400bn of cost savings, including reducing global capacity by 20%, with progress already made in China.

The decision comes after several US banking groups left the NZBA over the last six months.

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

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.

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