News

Lendy appeals to FCA after major borrower threatens to sue it and its investors for £10m

* Leland to become Asia Pacific ex Japan investment banking head

Most Southeast Asian stock markets edged higher on Monday, tracking broader Asian shares, as Chinese stocks extended gains from the previous session after Beijing's pledge to support the economy and tackle market volatility. MSCI's broadest index of Asian shares outside Japan pared early losses to...

Taiwan's Mega International Commercial Bank will immediately terminate its payment clearing mechanism between Taiwan and Iran in a response to the United States' sanctions on Iran, a senior bank official told Reuters on Monday.

Financial experts counter independent panel’s suggestions

First Sea Lord says Britain must ‘showcase’ support for its Pacific allies

Highly-leveraged property firm China Evergrande Group is in talks to raise around $1.5 billion this month by offering its Hong Kong office tower as collateral, two sources with direct knowledge of the matter said.

* Australian govt poised to lose one-seat majority in parliament

China's systemic financial risks are "fully controllable", the official China Securities Journal newspaper reported on Monday, citing the head of the country's banking and insurance regulator.

Hurricane Willa gained dangerous strength on Sunday night as it churned toward Mexico's Pacific coast, home to some of the country's major tourist draws, where it was forecast to unleash torrential rains and major flooding, the U.S. National Hurricane Center (NHC) said.