Transaction Banking
China: Price War Among Cloud Providers A Boon To Buyers
The pricing moves come as China’s economy makes a cautious recovery following the relaxation of strict Covid-19 restrictions.
News & Features Archive
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Capital Raising & Corporate Finance
Chinese Companies Switch Auditors To Avoid Delisting
The decision to switch most likely stems from a US law statingthat Chinese companies can be delisted if their auditing firms do not comply with US accounting standards.
Capital Raising & Corporate Finance
Corporate Separations Rise Worldwide
New research indicates that well-executedseparations can lead to an excess blended return of roughly 6% over the respective sector indexes for two years after the transaction closes.
Capital Raising & Corporate Finance
Danish Regulator Eyes Norwegian Grocery Chain
Rema 1000’s acquisition of Aldi’s network of stores in Denmark is under investigation.
Emerging & Frontier Markets
Ethiopia: New Bourse Promises To Unlock The Economy
Ethiopia has embarked on a roadshow to sell shares in the Ethiopia Securities Exchange as part of its attempt to build a diversified and vibrant economy.
Economics, Policy & Regulation
Hong Kong: E-Currency Pilot To Pave Way For Broad Consumer Use
Sixteen banks and payment firms are involved in a trial using the “e-HKD,” including the three note-issuing banks—HSBC, Standard Chartered and the Bank of China (Hong Kong).
News
Japanese, South Korean Leaders Meet But Normalization Remains Elusive
Japanese Prime Minister Fumio Kishida and South Korean President Yoon Suk Yeol visited a memorial to Koreans killed when the first atomic bomb was dropped on the city 78 years agoyet fully normal diplomatic ties between Tokyo and Seoul still appear to be a long way off.
News
Kenya: Economic Turmoil Awaits New Central Bank Governor
The new Central Bank of Kenya governorKamau Thugge brings with him a stellar résumé of previous experience in government and 25 years at the IMF.
Capital Raising & Corporate Finance
LVMH Tops $500 Billion Market Cap
In April, LVMH reported a 17% year-over-year increase in first-quarter revenues, more than twice what analysts expected.
Technology
Microsoft-Activision Deal Divides Regulators
While market watchdogs in the European Union and China have given the green light, the software giant is still fighting battles in the US and UK to get the deal approved.
Capital Raising & Corporate Finance
Morgan Stanley’s Gorman To Step Down
Morgan Stanley CEO James Gormanled the firm through a spate of acquisitions that greatly elevated its position in thewealth management sector and his successor may emerge from that part of the firm.
Capital Raising & Corporate Finance
Multinationals Get Squeezed By FX Volatility
North American industries most affected by currency exposure were professional services, biotech and pharmaceuticals, machinery, trading and distribution, chemicals and health equipment and supplies.