Kazakhstan’s sovereign wealth fund Samruk-Kazyna JSC. Global demand for yuan-denominated financing is rising, with panda and dim sum bond issuance climbing sharply in early 2026 as borrowers look to diversify away from costly U.S. dollar funding. Panda bond issuance — yuan debt sold on the Chinese mainland by overseas institutions — topped 89 billion yuan ($13 billion) in the first quarter, nearly...
Kazakhstan’s sovereign wealth fund Samruk-Kazyna JSC. Global demand for yuan-denominated financing is rising, with panda and dim sum bond issuance climbing sharply in early 2026 as borrowers look to diversify away from costly U.S. dollar funding. Panda bond issuance — yuan debt sold on the Chinese mainland by overseas institutions — topped 89 billion yuan ($13 billion) in the first quarter, nearly half of last year’s total, according to Caixin calculations based on public data.
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Rolling coverage of the latest economic and financial news Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. There has been another small rise in the oil price this morning, as doubt lingers around the US-Iran ceasefire deal. There are reports that Iran is charging fees to tankers going through the Hormuz Strait — They better not be and, if...
Rolling coverage of the latest economic and financial news Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. There has been another small rise in the oil price this morning, as doubt lingers around the US-Iran ceasefire deal. There are reports that Iran is charging fees to tankers going through the Hormuz Strait — They better not be and, if they are, they better stop now! Iran is doing a very poor job, dishonorable some would say, of allowing Oil to go through the Strait of Hormuz. That is not the agreement we have! I spoke with Bibi and he’s going to low-key it. I just think we have to be sort of a little more low-key. Industries that are more tied to energy as an input, or with intermediate inputs that have a high energy content, are witnessing higher factory gate prices despite soft domestic demand and the ongoing slump in the property sector. Earlier industrial profit data point in the same direction, with energy-intensive and metal industries seeing moderate improvements in margins, suggesting modest pass-through to end users. According to the NBS, oil and gas extraction PPI rose 15.8% m/m in March, while petroleum and coal processing PPI increased by 5.8%. Chemical products PPI rose 3.6%, while non-ferrous metal processing eased to 1.0% from 3.6% in February. 1.30pm BST: US CPI inflation rate and real earnings data for March 3pm BST: US factory orders 3pm BST: University of Michigan’s US consumer sentiment index Continue reading...
Turkish Airlines carried out a sweeping management overhaul by replacing its chief executive officer and chairman, installing a new leadership team as the global aviation industry grapples with flight restrictions and high fuel costs. The carrier said it will appoint Ahmet Olmustur as chief executive officer, replacing Bilal Eksi , who has retired. Murat Seker will take over as chairman of the boa...
Turkish Airlines carried out a sweeping management overhaul by replacing its chief executive officer and chairman, installing a new leadership team as the global aviation industry grapples with flight restrictions and high fuel costs. The carrier said it will appoint Ahmet Olmustur as chief executive officer, replacing Bilal Eksi , who has retired. Murat Seker will take over as chairman of the board, succeeding Ahmet Bolat , who has stepped down from his duties. The changes mark one of the most significant management shake-ups in recent years at Turkey’s flag carrier, which has been a key beneficiary of strong post-pandemic travel demand and its strategic position as a global transit hub. The airline is publicly listed, though the state owns about 49% via the country’s wealth fund. Turkish Airlines, one of Europe’s largest carriers by passenger numbers and network size, operates flights to more countries than any other airline and serves as a critical pillar of Turkey’s tourism and aviation sectors. Its Istanbul hub has positioned the airline as a major connector between Europe, Asia, the Middle East and Africa. As part of the broader overhaul, the airline named Metin Gulsen as chief financial officer, replacing Seker, and appointed Harun Basturk as chief commercial officer, succeeding Olmustur. The company also named Olmustur, Gulsen and Hasan Murat Mercan to vacant board seats. The management overhaul comes as the airline navigates a more uncertain operating environment. Turkish Airlines said it will not distribute dividends from its 2025 net income, citing the war in Iran and heightened geopolitical uncertainty, and instead opting to preserve cash. The decision adds to growing caution among regional carriers as geopolitical tensions risk disrupting fuel costs, travel demand and airspace usage. The Turkish company reported 118 billion liras ($2.6 billion) net income last year, while its sales grew annually by 28% to 956 billion liras.