Partners in EY are expected to give approval for spinning off the company's consulting arm and listing it on the stock market by the end of the year, a senior EY official said on Tuesday.
Singapore sovereign wealth fund GIC said it continues to scout for long-term investment opportunities in China, looking at a wide range of industries, adding that it maintains significant exposure to large markets such as China.
Credit Suisse this week notified its workforce that a staff member, who has since left the Swiss bank, took some of their personal data, it said on Tuesday.
Japan's government named academic Kazuo Ueda as its pick to become next central bank governor, a surprise choice that could heighten the chance of an end to its unpopular yield control policy.
Australian business conditions rebounded sharply in January after three months of slowdown while cost pressures picked up again, a surprising sign of strength that could add to the case for yet more rises in interest rates.
Australian consumer sentiment took a dark turn last week after the country's central bank raised interest rates to a decade high and warned yet more pain lay ahead for borrowers, a survey showed on Tuesday.
Britain on Tuesday set out draft legislation to regulate "buy now pay later" (BNPL) credit, saying the sector posed potential harm to consumers without thorough affordability checks.
BlackRock Investment Institute cut Japanese stocks to "underweight" on Monday, saying that a Bank of Japan (BOJ) policy change away from its "ultra-loose" monetary strategy could push global yields higher and reduce risk appetite.
Italy's Monte dei Paschi di Siena (MPS) won't be constrained by an Italian government salary cap when Rome decides on a new chief executive later this year, sources said, despite reports that executive pay controls will reduce the appeal of the post.
Banco BTG Pactual SA on Monday became the latest Brazilian lender to be affected by bad credit provisions due to what it called a "specific, widely publicized event," likely referring to the bankruptcy of Americanas SA .
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