Hong Kong raises $1 bn in its first green bond sale
The bonds one of the largest bond schemes in the world and Hong Kong plans to establish itself as a hub for green finance
MTN Nigeria listing: Victor Odili, Pascal Dozie top individual shareholders
MTN Nigeria has now a market valuation of $6 BN and is the second most valuable NSE listed company
Luckin raises $561 mn in US IPO: biggest float by Chinese firm this year
Luckin Coffee intensifying rivalry with Starbucks; plans to open 4500 stores in China by the end of this year
UniCredit to realise German ambition with Commerzbank bid
The bid comes in an effort to manifest the Italian global banking firm's long-term expansion plans in Germany
How Islamic Finance and Investment Limited is changing finance in Bangladesh
MD A Z M Saleh says that the company is committed to making Islamic financial services accessible through its new Sharia-compliant products
Commercial Bank of Africa-NIG merger: No job cuts, warns Kenya
The deal will see NIG and CBA shareholders acquire 47 percent and 53 percent respectively of the merged entity
Utico submits binding offer to invest $400 million in Hyflux
Utico would provide working capital and any interim funding to Hyflux, according to CEO Richard Menezes
Robust IPO pipeline in Asia Pacific despite US-China trade war
Hong Kong, Shenzhen, Singapore, and Shanghai bourses are poised to become the biggest rivals to NYSE and LSE
US sanctions pressure on Russia: Morgan Stanley closing banking unit
After shutting its banking unit, Morgan Stanley will keep its consulting business, which does not require a licence in Russia
Hackers withdraw $40.7 mn in bitcoin from Binance crypto exchange
The illegitimate transaction has only affected the exchange’s BTC hot wallet which contained 2 percent of its total BTC holdings
Blackrock and HSBC reaffirm interest in Saudi Arabia with dedicated funds
Global asset managers introduce ETFs tracking MSCI Saudi index in response to inclusion of Saudi equities in global indices