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Scotiabank expects the Bank of Canada to raise rates by 25bps next week.
2026-10-20
Scotiabank expects the Bank of Canada to raise rates by 25bps next week.
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2026-10-19
Seoul-based data-center infrastructure and cloud-services provider Elice Inc. will list on the KOSDAQ on Tuesday, seeking KRW 201 bln (≈$151m) in what would be the exchange’s largest IPO so far this year. The company priced the offering at KRW 90,500
Seoul-based data-center infrastructure and cloud-services provider Elice Inc. will list on the KOSDAQ on Tuesday, seeking KRW 201 bln (≈$151m) in what would be the exchange’s largest IPO so far this year. The company priced the offering at KRW 90,500 per share — at the top of the marketed range — implying a post-listing market value above KRW 1 tln. The deal follows peer Firmus’s withdrawal of a high-profile IPO earlier this month and will be watched for demand from AI-focused investors.
2026-10-19
The PBOC and multiple ministries released guidance to financial support building international science-and-tech innovation hubs in Beijing (Jing‑Jin‑Ji), Shanghai (Yangtze River Delta) and the Guangdong‑Hong Kong‑Macao Greater Bay Area. Key market me
The PBOC and multiple ministries released guidance to financial support building international science-and-tech innovation hubs in Beijing (Jing‑Jin‑Ji), Shanghai (Yangtze River Delta) and the Guangdong‑Hong Kong‑Macao Greater Bay Area. Key market measures: pilot facilitation of cross‑border trade financing for tech firms; faster, more efficient cross‑border settlement services for exporters of R&D, IP, software and compute services; permission for domestic tech firms’ offshore R&D centers, offshore innovation platforms and overseas tech subsidiaries to open onshore FX accounts to ease cross‑border allocation of R&D funds; creation of streamlined cross‑border receipts/payments services for priority tech sectors; optimization of domestic banks’ overseas loan management and broadening of offshore financing channels for Chinese tech firms. The guidance also allows domestic non‑enterprise research institutes to receive and use foreign funding under FX remittance procedures aligned with foreign direct investment rules.
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