China gives its investors more access to bonds in Hong Kong
Authorities raise quota for offshore ‘connect’ scheme in bid to boost international use of renminbi
Economic news
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UAE’s Adnoc strikes $1bn deal for Shell’s South African fuels business
Acquistion of 580 service stations and other assets marks latest overseas expansion by Adnoc subsidiary
Growing UK pension surpluses fuel debate over what to do with excess funds
Corporate defined benefit schemes have seen an improvement in funding levels since 2019 thanks to rising gilt yields
HSBC pulls back from riskier private credit lending
Europe’s biggest bank told some clients in recent weeks that it would not renew facilities
Roadside rescuers may still bump up against a driverless future
Self-driving cabs crash less, which is bad news for the AA’s and RAC’s accident assistance businesses
How to manage the next emerging markets capital flows boom
Foreign exchange reserves are not the only way to limit the build-up of speculative, short-term liabilities