Asia-Pacific

Hong Kong has grown beyond most expectations since its reunification with China two decades ago. But Shanghai and Shenzhen pose fresh challenges.

Whether it’s consumer banking, trade finance, audit, or HR, Singapore-based DBS has led the way in transforming its operations via data analytics in order to make better-informed decisions, distinguish trends and stay at the top of its game.

Moon Jae-in, South Korea's new president Civil- and human-rights lawyer and former student activist Moon Jae-in won a presidential election on May 9, becoming the 12th person to serve as president of South Korea.

Following the April summit the US and China achieved a 100-day joint action plan, a significant departure from Trump’s campaign rhetoric

The appointment of Nestor Espenilla Jr. as governor of Bangko Sentral ng Pilipinas (BSP) is one of President Rodrigo Duterte’s less controversial decisions and may ease investor concerns over the stability of one of Southeast Asia’s fastest growing economies.

Urjit Patel, India's central bank govenor For the first time ever, India’s 82-year-old central bank, the Reserve Bank of India (RBI), will have a chief financial officer with domain expertise to oversee sweeping reforms. 

The same forces that have hammered Japan’s economy are at play in China, but with mitigating features that portend different outcomes.

As traditional banks look for new ways to compete in an increasingly connected global market, DBS Bank has embraced change and innovation, reimagining itself as a 22,000-person start-up and shedding the misperception of being a slow-paced financial institution.

The sprawling Chinese bank faces a slowing domestic economy and new opportunities in international markets.

Alipay is partnering with banks around the world to provide its Chinese customers with seamless service at their preferred tourist destinations, with Italy’s UniCredit Bank following France’s BNP Paribas and Barclays in the UK.

Global Finance Magazine’s 2017 rankings of the best banks in Asia-Pacific. 

Gideon Rachman, author of “Easternization: Asia’s Rise and America’s Decline From Obama to Trump and Beyond,” talks with Global Finance about the growing power of Eastern nations.

The government of India has set up a new type of bank intended to support funding for large projects.

South Korea elects a new president in May, and after spending months ousting the sitting president, leftists may win the chance to lead the country.

US withdrawal from the TPP was a shock to its top ally in the Pacific, and may push Japan into the trading arms of China.

President Trump’s more aggressive trade stance may backfire, and end up strengthening China rather than the US. 

Wins by Indian Prime Minster Narendra Modi’s ruling party in the month of March indicates strong support for his challenging reform plans

McDonald’s agreed to sell 80% control of its restaurants in China and Hong Kong for 20 years to state-owned conglomerate Citic and the Carlyle Group, a private equity firm.

China’s “One Belt, One Road” (OBOR) initiative is the most ambitious overarching infrastructure project to be proposed in the modern era, and it requires ambitious financing. 

Chinese Web giant Baidu has obtained regulatory approval to establish, in collaboration with China Citic Bank, a direct-banking firm named Baixin Bank that will operate online rather than through brick-and-mortar outlets.