A smooth transition of power to crown prince of Thailand Maha Vajiralongkorn after his father, king Bhumibol Adulyadej, died in mid-October, is looking unlikely, however.
Samsung’s soon-to-be vice chairman and heir apparent, Lee Jae-yong, rises to face the challenge of leading the multinational tech giant at a difficult time.
The safest three emerging markets banks are South Korean, following ratings upgrades by Moody’s and S&P. Korea Development Bank, Export-Import Bank of Korea and Industrial Bank of Korea now have at least one AA and one AA- rating each, which ...
This year’s ranking of Chinese banks includes all 21 Chinese banks that have a rating from one of the three large, international rating agencies. In principle, the only criterion for inclusion, apart from having one or more rating, was that ...
A deepening and widening of the nascent corporate bond market in India is on track, following reforms by the Reserve Bank of India aimed to draw in foreign and small investors.
Raghuram Rajan's departure as head of the Reserve Bank of India to return to teaching at the University of Chicago, made some Indians fear upheaval, but with his deputy taking the helm, stability is expected.
Policy changes and consistent growth have positioned India to draw fresh investment.
Aung San Suu Kyi, Myanmar’s de facto leader and a Nobel Peace Prize winner, has a change of heart regarding US sanctions against her country.
Japan | Elected Tokyo’s first female governor, Yuriko Koike has made history in Japan. She ran as an independent in defiance of her party—the ruling Liberal Democratic Party—which supported the lesser-known Hiroya Masuda. Koike, 64 years old and a veteran politician, hopes to bring the city’s financial center back to its former glory.
Singapore | The Monetary Authority of Singapore is establishing a new team to bolster monitoring of financial institutions and enforcement of rules against money laundering.
INDIA | Introduced just a year ago, “green” masala bonds—offshore rupee-denominated bonds to fund private-sector investment addressing climate change—are hot.
Indonesia | Can the much-admired former Finance Minister of Indonesia, Sri Mulyani Indrawati, bring back the magic in her second tour in the post?
India | The Indian parliament’s adoption of a constitutional amendment bill has paved the way for the biggest tax reform in the $2 trillion economy’s history, as Narendra Modi’s government prepares to usher in a dramatic change in the tax regime: a single goods and services tax (GST) that subsumes all central, state and local levies.
Private bankers looking to grow in Asia are investing heavily in innovation to stave off disruption, at the same time firms are also turning to technology to tackle more fundamental issues in the industry.
While Asia recently pulled ahead of the West as home to wealthy individuals, some private banks are pulling out, leaving the field to nimble local rivals and committed global Goliaths.
ASIA | The Asian Infrastructure Investment Bank began its efforts to finance Asia’s vast need for infrastructure this year. What are the prospects?
China’s recent efforts to make it easier for global investors to access its enormous stock markets in Shanghai and Shenzhen were not enough to persuade MSCI to include these “China A shares” in its widely followed Emerging Markets Index just yet.
ASIA | As the regional powerhouse restructures and tackles debt problems, neighboring nations are feeling the impact.
For the first time, Asia’s super-rich have surpassed their North American counterparts in both population and wealth. China and Japan, in particular, stood out as wealth powerhouses despite a volatile year for Asian equity markets. Asia Pacific’s 5.1 million high-net-worth ...