Asia-Pacific

Some of these nations handled the pandemic well and some did not. It almost made no difference in how people evaluated their satisfaction with life.

Located at the center of the ASEAN region, with direct links to China, Thailand is piquing investors’ interest.

Nimish Panchmatia, Chief Data & Transformation Officer at DBS, speaks to Global Finance about how the bank is transforming its business with innovation.

Trade between the two countries is at an all-time high, yet signs point to decoupling.

The pricing moves come as China’s economy makes a cautious recovery following the relaxation of strict Covid-19 restrictions. 

The decision to switch most likely stems from a US law stating that Chinese companies can be delisted if their auditing firms do not comply with US accounting standards. 

Sixteen banks and payment firms are involved in a trial using the “e-HKD,” including the three note-issuing banks—HSBC, Standard Chartered and the Bank of China (Hong Kong).

Japanese Prime Minister Fumio Kishida and South Korean President Yoon Suk Yeol visited a memorial to Koreans killed when the first atomic bomb was dropped on the city 78 years ago yet fully normal diplomatic ties between Tokyo and Seoul still appear to be a long way off. 

Banks push on as rates rise and bring a boost in interest margins.

Leaders from the Central Bank of Taiwan (CBC) and five banks active on the island discussed post-Covid supply chain challenges, inflation, and tensions with China during Global Finance's recent roundtable.

According to China's new proposed regulations, companies providing generative AI services must prevent false information and content that is discriminatory or harmful to intellectual property or personal privacy rights. 

The new rules—which debuted in Shanghai and Shenzhen last month—are aimed at speeding up listings and boosting corporate fund-raising.

China's population is falling while India's is rising and this change has vast implications for the global economy.

The region’s local-currency bond markets are surging, fueled by US dollar concerns, investor demand—and the “greenium.”

Foxconn’s shift toward US production is also in line with the US government’s broader efforts to develop a supply chain that is more resilient and less reliant on other markets. 

PhonePe is fast becoming a distribution engine, leveraging the large base of 450 million registered users to cross-sell products such as insurance, lending and other services.

Sri Lanka’s perfect storm of economic disaster started with the Covid-19 pandemic and years of government nepotism, corruption, and economic mismanagement ultimately led to a $50 billion default on foreign loans.

While the US effort to cut China out of the global semiconductor industry is driven by national security concerns, the effort has consequences for semiconductor companies that produce civilian products.

Indian companies continue to do business with Russian banks using non-dollar currencies and channels outside of the Western financial system.

While China's population is starting to shrink, Vietnam's is growing in tandem with the economy.