Asian banks see big boost to wealth business as currencies rally

Asian banks see big boost to wealth business as currencies rally

[ad_1] [HONG KONG, SINGAPORE] A sharp rally in Asian currencies is set to boost demand for wealth and forex products as clients seek alternatives to US dollar-denominated assets and demand for hedging grows amid trade tariff uncertainties, bankers and analysts say. The rally in the currencies since last week, starting with the Taiwan US dollar…

Read More

Bank of England cuts rates to 4.25% as it sees tariff hit to growth

Bank of England cuts rates to 4.25% as it sees tariff hit to growth

[ad_1] [LONDON] The Bank of England cut its main interest rate by 0.25 percentage points to 4.25 per cent on Thursday, despite an unexpected three-way split among policymakers as US President Donald Trump’s tariffs weigh on global economic growth. The BOE’s Monetary Policy Committee voted 5-4 in favour of the decision to cut rates by…

Read More

Counterpoints Arts & Climate Spring Launch Climate-Focused Development Fund 

Counterpoints Arts & Climate Spring Launch Climate-Focused Development Fund 

[ad_1] EXCLUSIVE: Counterpoints Arts, the UK-based organization behind events like Refugee Week and Platforma festival, has teamed with advocacy group Climate Spring to launch a development fund for feature films and TV projects that explore how climate change drives displacement and migration. The fund will provide early-stage development cash for production companies and creators, with…

Read More

Wong Kar Wai’s First TV Series ‘Blossoms Shanghai’ Is Finally Getting International Release Via Mubi

Wong Kar Wai’s First TV Series ‘Blossoms Shanghai’ Is Finally Getting International Release Via Mubi

[ad_1] EXCLUSIVE: Music to arthouse film lovers’ ears: Wong Kar Wai‘s epic drama series Blossoms Shanghai is finally getting an international release, via Mubi. Mubi will release the 30-part drama series in Latin America, Germany, Austria, Switzerland, France, Italy, Belgium, the Netherlands, Luxembourg, Turkey and India. Dates haven’t been set yet. There’s still no word…

Read More

Australia exchange operator proposes IPO reforms to revive listings

Australia exchange operator proposes IPO reforms to revive listings

[ad_1] [SYDNEY] The Australian Securities Exchange (ASX) on Thursday (May 8) unveiled a series of proposed reforms aimed at enhancing the global appeal of Australia’s capital markets and revitalising its subdued initial public offering landscape. In a detailed response to the Australian Securities and Investments Commission (Asic), the exchange operator said it would focus on…

Read More

Australia exchange operator proposes IPO reforms to revive listings

Australia exchange operator proposes IPO reforms to revive listings

[ad_1] [SYDNEY] The Australian Securities Exchange (ASX) on Thursday (May 8) unveiled a series of proposed reforms aimed at enhancing the global appeal of Australia’s capital markets and revitalising its subdued initial public offering landscape. In a detailed response to the Australian Securities and Investments Commission (Asic), the exchange operator said it would focus on…

Read More

Legacy Media? UK Pubcasters Balk At Outdated Term & Say “We’ve Got To Be Phoenixes Rising From The Ashes”

Legacy Media? UK Pubcasters Balk At Outdated Term & Say “We’ve Got To Be Phoenixes Rising From The Ashes”

[ad_1] The phrase “legacy media” has been tossed around a fair bit at the Creative Cities Convention (CCC) this week but senior execs at the broadcasters are less than happy about it. “Legacy media” was raised as a synonym for the public broadcasters during yesterday’s session with YouTube boss Alison Lomax in order to differentiate…

Read More