Asian banks power ahead: Clever strategies, niche appeal and foreign alliances raise the profits and prestige of financial institutions across the vast continent.
A Japanese ecommerce and Internet company is breaking into the mobile market.
Southeast Asian nations are benefiting from the return of global growth, with more room to grow capacity and exports—even as wages trend upward.
Taiwan’s economy has thrived on electronics manufacturing. Now, with a tightening labor market and new competitive pressures, the island is figuring out how to reshape its role in the changing global economy.
While enjoying robust growth and launching big infrastructure plans, The Philippines face potential inflation and growing trade deficits.
Yi Gang's appointment as governor of the People’s Bank of China a sign of policy continuity.
U.S. President Donald Trump's withdrawal from the Trans-Pacific Partnership prompted the other 11 nations that were party to the agreement to forge ahead in a new pact without the U.S.
Beijing's top central banker is retiring. With no successor named yet, the rumor mill starts churning.
Yuan Yulai, CEO of machine-based financial advisor Licaimofang, speaks about the coming dominance of robo-advisors in China’s wealth-management market.
Yihan Fang, CEO of Yirendai, a subsidiary of asset manager CreditEase, speaks about the growing sophistication in China’s wealth management.
Consumers have embraced digital technology to improve their lives. Now industry must figure out how digital tools can improve productivity.
Japanese life insurance companies are turning to the project finance market in a bid to achieve higher yields. The move comes as Japan’s ultra-loose monetary policy—dubbed “Abenomics” after Prime Minister Shinzo Abe—has resulted in a paucity of available ...
Indian Prime Minister Narendra Modi’s government decided to sell a 49% stake in debt-laden state-run carrier Air India. The government may explore increasing the stake to 51%, with control of Air India possibly granted to a foreign airline, if official ...
Many small, fast-growing start-ups aspire to become a unicorn—a private company, usually in the technology space, with a valuation of more than $1 billion. Unicorns are mostly associated with tech hubs like Silicon Valley. But they’re slowly part of a ...
Countries like Algeria, Morocco, Bolivia, Ecuador, Kyrgyzstan, Nepal and Bangladesh have all issued bans—or at least begun the process—on bitcoin and other alternative currencies, in order to stamp out tax evasion and irresponsible trading.
South Korea’s new overtures to Kim Jong II are part of a broader regional diplomatic initiative. Moon visited China, a North Korean ally and key trading partner, in December 2017, and called for better South Korea-China relations.
The decision follows two years of testing and is among’s the first attempts to use blockchain to clear a major asset class.
South Korean shipbuilders have been under severe financial strain since 2008 and are suffering from tougher competition from Chinese rivals.
The deal sends a strong signal that two of the world’s major exporters still believe in the merits of open markets.