The Fed’s hold on rate cuts signals caution on inflation, but its impact on Asia remains layered—shaping currency movements, policy decisions and investor sentiment throughout the region.
China Investment Corp. (CIC) shelves $1 billion sale of US private equity fund stakes; Indonesia’s new sovereign wealth fund eyes $10 billion debut loan; BlackRock and Mubadala Investment unwind Asian private credit partnership, and more.
Rising tensions in the Middle East escalated sharply following US airstrikes on Iranian nuclear facilities, intensifying fears of regional conflict and a potential disruption to global oil flows.
After several postponed attempts, FWD Group is set to go public on the Hong Kong Stock Exchange, aiming to raise up to $512 million to fuel its growth across Asia.
Canadian pension fund streamlines operations while phasing out Ivanhoé Cambridge brand; Macquarie purchases Ontario Teachers' airport holdings; Temasek, Rest and NZ Super achieve perfect governance scores; and more.
Washington's deficit spending is raising concerns among investors after Moody's cut its
US sovereign credit rating, citing a fast-growing debt mountain of some $36 trillion.