Bank of China

UOB prices first sustainability bond offering from Singapore, raising US$1.5 bil - THE EDGE SINGAPORE

Banking & finance

UOB prices first sustainability bond offering from Singapore, raising US$1.5 bil

United Overseas Bank (UOB) has priced Singapore’s first sustainability bond offering from Singapore, raising US$1.5 billion ($2.01 billion) under its $15 billion Global Medium Term Note (

China Focus

Banking on China

SINGAPORE (Oct 28): It is no surprise that globally, all economies are slowing. The relentless attack on the logistics of free trade has an inevitable effect.

China’s big banks beat profit estimates as bad loans curbed

(Aug 30): Resilient economic growth and a government campaign against excessive leverage are helping China’s largest banks, curbing their bad loans and underpinning their net interest margins.

Fintech

China’s largest bitcoin exchanges to allow withdrawals again

SEATTLE (June 2): China’s three biggest bitcoin exchanges are ending a self-imposed moratorium on withdrawals, helping the cryptocurrency to resume its record-breaking rally.

China Focus

Pimco says China needs to get tougher in cat-and-mouse debt game

BEIJING (Feb 24): Beijing’s “cautious tightening signals” are largely being ignored by banks and at the local level, where attention is focused on maintaining steady economic growth, especially wit

China Environment unit receives letter of demand from Bank of China

SINGAPORE (Oct 19): China Environment announced that wholly-owned subsidiary, Fujian Dongyuan Environmental Protection Co., has received a letter of demand dated Oct 12 from the Bank of China claim

Perennial secures $1.3 bil financing for Phases 1 and 2 of Beijing Tongzhou development

SINGAPORE (Oct 3): Perennial Real Estate Holdings (PREHL) has secured loans totalling RMB6.4 billion ($1.3 billion) from the Bank of China for the development of Phases 1 and 2 of Beijing Tongzhou

China Focus

Tens of thousands of jobs go as China’s biggest banks cut costs

SHANGHAI (Sept 7): China’s four biggest banks reported that staff numbers fell by the most in at least six years in the first half, highlighting the possibility that employment has peaked at the fi

BOC Aviation

BOC Aviation takes off on Hong Kong Exchange

SINGAPORE (May 31): BOC Aviation, Asia’s biggest aircraft lessor, will make its trading debut on the Hong Kong Stock Exchange (HKEX) on Wednesday.

BOC Aviation

Aviation & Engineering

Bank of China plane unit’s US$1.1 bil IPO shows Asia shift

NEW DEHLI (May 30): The skies above Asia will get more crowded during the next 20 years as airlines acquire planes to fly more passengers from developing economies.

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