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US federal trade court makes major tariff ruling; appeals court pauses

Three judges at the US Court of International Trade have argued the Trump administration has exceeded its authority over tariffs; the judgment, which came after 12 states filed a lawsuit, has been appealed and the decision temporarily paused by another court.

May 29, 2025

Middle East: CICC launches in Dubai; Boutique advisory firm sets-up in Abu Dhabi

CICC is looking to strengthen ties between China and the Gulf region; meanwhile, a former MD at Standard Chartered, Kapil Jobanputra, has become managing partner of real asset firm Elaeo Partners.

May 27, 2025

Pfizer signs $1.25bn cancer antibody licensing deal with China's 3SBio

The US giant will pay the money upfront for distribution rights for SSGJ-707 outside of China; the deal could be worth up to $4.8bn and Pfizer will also invest $100m into the HKEX listed firm.

May 21, 2025

Middle East’s Al-Futtaim Group sells majority stake in insurance broker to WTW

The joint venture Al-Futtaim Willis has been in operation for five decades and is based in Dubai and Bahrain; after securing a reinsurance broking license in Saudi Arabia, WTW is continuing its expansion in the region.

May 06, 2025

Geely-owned Volvo hits Q1 slowdown amid ‘turbulence’; set to cut $1.9bn in costs

The Swedish firm has said that it is no longer providing financial guidance for 2025 and 2026, with job losses expected across its global workforce.

April 29, 2025

Trump pauses most tariffs, but keeps 10% in place; increases tariff on China to 145%

US president Donald Trump has ordered a 90-day pause on retaliatory tariffs above the 10% already imposed, except for Chinese goods, with tariffs now at 145% after China retaliated; Trump has now put tariff exemptions on smartphones, electronics and computers.

April 09, 2025

China hits US with 84% tariff after Trump hit China with 104% tariff as market turmoil continues

The US-China trade war, sparked by US president Donald Trump's tariffs, looks like it is just beginning, with global markets set to be on a roller coaster for weeks; China has now retaliated further.

April 08, 2025

Seviora Group establishes office in Abu Dhabi

The Middle East office for the Temasek-owned firm, which has $54bn assets under management, will add to offices in Singapore, India, China and Indonesia; Sadiq Hussain will lead its Middle East operations.

March 25, 2025

JP Morgan rings Apac ECM leadership changes

FA understands the bank is making a number of senior leadership changes and hires across ECM, investment banking and technology, in Hong Kong, Singapore, Sydney and San Francisco; including Apac Equity Syndicate leader and head of SEA ECM.

March 13, 2025

Capital Group cites US productivity growth amid long-term optimism

Capital Group's Andy Budden, investment director, equities, and Manusha Samaraweera, investment director, fixed income, discussed US productivity growth, high tech valuations, rate cuts, the importance of multinationals, and more, in Singapore last month.

March 11, 2025