Papua New Guinea surfed a sea of crises in 2024, including riots, increased violence, political instability and a flailing economy. While these challenges will continue to plague Papua New Guinea in ...
Under President Joe Biden, the U.S. spent $240 billion on development aid. Aid also increased during Donald Trump’s first term. Eight charts show which countries benefited and how the money was used.
Welcome to our full year 2024 results presentation. We delivered a strong performance in 2024 with a return on tangible equity of 11.7%, up 160 basis points year-on-year. We achieved record income of ...
President Donald Trump’s “America First” agenda has created a buzz in the international media since the January ...
In a report released on February 14, Jemmy S. Huang from J.P. Morgan maintained a Sell rating on Bank of East Asia (BKEAF – Research Report), ...
Operating profit before impairment losses is up 3%. The Bank of East Asia (BEA) has logged a profit attributable to owners of the parent of HK$4.6b (approximately US$591.9m) in 2024, 11.9% higher ...
Also in today’s newsletter, Alibaba to ‘aggressively’ invest in AI, and Hong Kong’s low-tax appeal threatened by property slowdown ...
Crises are wrenching, and instructive — but not the only thing going on. Three central banks in Asia displayed some ...
SOUTH-EAST ASIA (Bloomberg): HSBC Holdings Plc is kicking off a fresh round of job cuts at its investment bank as new Chief Executive Officer Georges Elhedery continues his overhaul of Europe’s ...
of land in the occupied West Bank. Referred to as “temporary military decisions", the army is targeting 8,734 dunums in the Tubas areas and 2,394 dunums in several villages east of Ramallah.
Following the meeting, Kristalina Georgieva, Managing Director of the IMF, and Mohammed Aljadaan, Finance Minister of Saudi Arabia, made the following statement: “This important meeting brought ...