OCBC Bank Launches New Net-Zero Aligned Loan for Corporates
To encourage the corporate sector to reach net zero targets well in time, the Singapore-based Oversea-Chinese Banking Corporation (OCBC) has launched a new net-zero-aligned loan for corporates.
Cathay Pacific forecasts reduced monthly cash burn in H2
Hong Kong’s Cathay Pacific Airways Ltd (0293.HK) expects to reduce its cash burn to less than HK$1 billion ($128.84 million) a month in the second half of the year, its chief financial officer said.
Crude oil prices steady near multi-year highs
Crude oil prices hovered near multi-year highs on Thursday buoyed by dropping U.S. crude inventories and broadly shrugging off a stronger U.S. dollar.
Cathay Pacific given extension to draw down $1 bln govt loan
Cathay Pacific Airways Ltd (0293.HK) said on Tuesday that the Hong Kong government had agreed to extend the drawdown period for a HK$7.8 billion ($1.01 billion) loan facility by a year to June 2022, giving it more flexibility to manage liquidity.
