Intra-Asia trade adds on muscle as US-Sino spat drags on
Citi sees double-digit intra-region revenue growth; other banks signal ambitions to capture more regional flows
Singapore
THE chills arising from trade tensions between the US and China has pushed Asia closer, with recent data from banks showing signs of the region's huddle in terms of intra-regional trade and capital flows.
Citigroup told The Business Times that the bank's corporate lending unit is recording higher revenues along the bank's intra-Asia trade corridors.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Australian PM accuses Chinese warplane of ‘unacceptable’ conduct
Alleged Chinese meddling spurs foreign agent registry in Canada
Hamas accepts Gaza truce proposal, Israel urges Rafah evacuation
US to snub Putin inauguration
New York judge threatens Trump with jail for gag order violations
Abu Dhabi’s IHC to buy back up to US$1.4 billion of its shares