Boubyan Bank of Kuwait has issued a mandate for a new five-year, dollar-denominated senior unsecured sukuk, aiming to bolster its liquidity and diversify long-term funding. The…
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Sharjah Islamic Bank (SIB) has priced its $500 million perpetual non-call 6-year AT1 sukuk at a tightened yield of 6.125%, down from an initial 6.500%. The…
Vietnam has launched a two-year fintech sandbox, effective July 1, to foster innovation in digital lending, credit scoring, and data sharing. This regulatory testing ground aims…
Sumitomo Mitsui Banking Corporation (SMBC) has appointed Joyce Tee as its new head of corporate banking for the Asia Pacific region, effective May 22. Tee brings…
DBS CEO Tan Su Shan ranked as the sixth most powerful woman in business for 2025 by Fortune magazine. Having taken the helm of Southeast Asia’s…
Franklin Templeton has established a new Global Official Institutions Group, appointing Tariq Ahmad (Head of APAC) and Sandeep Singh (Head of CEEMEA and India) as its…
OCBC is restructuring its securities business, bringing its stockbroking subsidiaries—OCBC Securities Pte Ltd, OCBC Securities Brokerage (Hong Kong) Limited, and PT OCBC Sekuritas (Indonesia)—under its Global…
DP World to Lead Development of New Special Economic Zone in Oman’s Al-Rawda Dubai-based logistics giant DP World will spearhead the development of the first phase…
Deutsche Bank Teams Up with finaXai to Explore AI in Tokenised Fund ServicingDeutsche Bank has partnered with Singapore-based fintech startup finaXai to explore the application of…
At 12:06 p.m. EDT on Monday, October 14, 2024, a SpaceX Falcon Heavy rocket launched NASA’s Europa Clipper spacecraft from Launch Complex 39A at Kennedy Space…