As the PBOC sticks to 7.2-level fixing rate, Donald Trump’s administration’s decisions on tariffs will have the largest impact on the currency in 2025.
HSBC has become the latest bank to sign a $1bn risk-sharing facility with the International Finance Corporation, to help address a trade finance gap in emerging markets.
Hong Kong eyes full alignment with the sustainability rules by 2028; despite progress in core disclosure, advanced metrics, such as climate risks, are a long way from their targets in Asia.