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Hong Kong Sets A $3.8 Billion Fund To Entice Global Firms

Hong Kong has proposed a HK$30 billion ($3.8 billion) co-investment fund to entice foreign companies back to the city following a brain drain brought on by rigorous lockdowns and a volatile political environment. John Lee, the chief executive of Hong...

UK Markets Must Go Beyond A Policy U-Turn To Rebuild Trust

After three trying weeks, British Prime Minister Liz Truss and incoming Finance Minister Jeremy Hunt will need to do much more than reverse their position on corporation tax. The government's announcement of its medium-term budget plan on October 31...

Global Dealmaking Shrinks As Finance Sector Bottoms Out

Global M&A decreased for the third straight quarter as lenders withdrew from large acquisitions due to rising interest rates, and the strong currency failed to entice American businesses to acquire overseas targets despite ongoing geopolitical tensions. The slowdown in worldwide...

$90 Million From CDC To Combat The Communicable Diseases

Five state public health departments will receive $90 million from the Centers for Disease Control and Prevention over the next five years to develop a network of pathogen genomics centres of excellence. In order to analyse the gaps, needs, and...

Norway Raises Rates By 50 Bps And Sees Slight Future Hikes

As most analysts had predicted, Norway's central bank increased its interest rate benchmark by 50 basis points to 2.25% on September 22nd, but stated that future increases would be more subtle, which would undermine the crown currency. Despite forecasting a...

US New Fed Regulator Evaluates The Capital Requirements

According to its new regulatory director, the U.S. Federal Reserve is undertaking a holistic examination of bank capital requirements, intends to analyse lenders' financial risks related to climate change next year, and may impose stricter regulations on major regional...

Asia Clean Blue Skies Program By ADB To Enhance Air Quality

The Asia Clean Blue Skies Program (ACBSP), which the Asian Development Bank (ADB) inaugurated on September 8th, will increase ADB's investments in enhancing air quality in Asia and the Pacific. Launched at the Fourth Asia Pacific Clean Air Partnership joint...

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