Asia-Pacific

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.

Li Qiang's lack of governing experience might be the very reason China's President Xi Jinping elevated him to such a powerful position.

Kazuo Ueda will have his plate full when he takes over in the spring, with the market keen to see whether—and how soon—he will deviate from his predecessors controversial policies.

Despite Adani Group’s denial of wrongdoing and debt prepayment in a couple of companies, banks and investors were not reassured.

With interest rates rising in the West, China hopes its falling interest rates will attract multinationals to its domestic bond market.

China aims to challenge the Airbus-Boeing duopoly, an objective that was unthinkable a few years ago.

Malaysia's tenth Prime Minister Anwar Ibrahim has gone from politics to jail and back to politics again.

Multiyear tax disputes with multinational companies have damaged India's business-friendly reputation.

The Reserve Bank of India will issue and redeem the eRupee and the commercial banks will manage the distribution and payment services.