Manila [Philippines], May 10 (ANI): The board of governors at Asian Development Bank (ADB) has adopted a resolution to allocate 1.13 billion dollars in net allocable income from 2020 ordinary capital resources, the highest in ADB's history.
Singapore, April 30 (ANI): The issuance of sustainability-linked debt instruments will top 200 billion dollars this year due to burgeoning sustainability-linked loan market and growing popularity of sustainability-linked bonds, according to a report published on Friday by S&P Global.
Manila [The Philippines], April 27 (ANI): The Asian Development Bank (ADB) committed a record 31.6 billion dollars in 2020 to help Asia and the Pacific swiftly tackle the coronavirus disease (COVID-19) outbreak; support a green, sustainable recovery from the pandemic; and address longer-term
Beijing [China], April 23 (ANI): Despite Chinese regulators slapping a record fine of 18.2 billion yuan (2.8 billion dollars) on Alibaba Group, authorities in the country are getting unsettled due to the growing influence of the e-commerce giant over media assets.
Geneva [Switzerland], April 22 (ANI): The International Air Transport Association (IATA) expects net airline industry losses of 47.7 billion dollars in 2021 with a net profit margin of minus 10.4 per cent.
New Delhi [India], Apr 21 (ANI): Air pollution costs Indian business about 95 billion dollars (about Rs 7 lakh crore) every fiscal year, around 3 per cent of India's total GDP, a major research report shows.
Mumbai (Maharashtra) [India], Apr 16 (ANI): The Indian real estate attracted private equity (debt and equity) investments of 3.24 billion dollars across 19 deals during January to March (Q1 2021), up 16 times compared to 199 million dollars in Q1 2020, according to Knight Frank India.
Hong Kong, April 10 (ANI): Chinese regulators on Saturday slapped a record fine of 18.2 billion yuan (2.8 billion dollars) on e-commerce giant Alibaba Group Holding after a months-long antitrust investigation that was initiated on Christmas eve last year, reports South China Morning Post.
Manila [The Philippines], April 9 (ANI): The Asian Development Bank (ADB) returned to the US dollar bond market with the pricing of a five billion dollars five-year global bond proceeds of which will be part of ADB's ordinary capital resources.
New Delhi [India], April 7 (ANI): Aerospace major Boeing on Wednesday forecast strong aviation growth in India due to the country's growing economy and an expanding middle class, fueling demand for more than 2,200 new jets valued at nearly 320 billion dollars over the next 20 years.
New Delhi [India], April 7 (ANI): Reliance Industries Chairman Mukesh Ambani reclaimed the top spot in the Forbes list of India's 10 richest billionaires with a net worth of 84.5 billion dollars.
Mumbai (Maharashtra) [India], Apr 6 (ANI): Adani Group has become India's third conglomerate to cross 100 billion dollars in market capitalisation with shares of four of its six listed companies reaching an all-time high on Tuesday.