Asia-Pacific

Global Finance names this year’s best banks in China.

Under terms of the deal, Tata will gain Air India’s 141 aircraft and 7,000 domestic and international airport slots and pay $1.2 billion toward 42 aircraft, many of them Boeing 787 Dreamliners. 

Despite Fumoi Kishida’s public calls for a massive stimulus package and an even more consequential redistribution of wealth, some of his initial moves appear to confirm the dissonance between rhetoric and reality.

Alibaba Cloud is expanding into Malaysia, Philippines, South Korea and Thailand.

Japan moves to digitize government services.

Activist investor campaigns in Japan caused a stir earlier this year when Effissimo Capital Management and Farallon Capital Management, raised concerns about the management of Japanese conglomerate Toshiba.

China moves to curb the tech sector's explosive growth.

China takes a step to limit global carbon emissions.

The Taliban's return to power may usher in both an economic and a humanitarian crisis.

Evergrande borrowed not only from about 300 domestic and international banks, many of which remain undisclosed, but reportedly also from its employees, small firms and ordinary retail investors.

Citi is divesting from underperforming markets to focus on wealth management and institutional and corporate banking.

HSBC is doubling down on Asia.

China's banking sector is already vulnerable to high levels of corporate debt and cutting reserve requirements means greater systemic risk.

Tokyo is increasingly beating Hong Kong, Taiwan, and Singapore for IPO listings.

BlackRock received the license in June 2021 as the first foreign financial institution to operate a wholly owned China subsidiary, BlackRock Fund Management. 

New digital infrastructures kept trade flowing, even during the pandemic’s first year.

The public face of Singapore’s largely successful Covid-19 response is now in charge of the finance ministry.

Capitalism is old news in China but minority shareholders' rights are relatively new.

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.

Toshiba shareholders voted for an independent probe into allegations that investors were pressured against pursuing a management shake-up at last summer’s annual general meeting.