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.
Ford has been lagging behind competitors in emerging technologies for automobiles, including the race for driverless cars, but its appointment of Jim Hackett as CEO last May marked a change in strategy.
Japan approved new carrot-and-stick tax measures to bring corporate tax down to 25% for companies that raise wages by 3%, and to as low as 20% for those that invest in new technologies such as ICT and internet-of-things, on Thursday.
Over the past year, India enforced reforms in eight of the 10 areas on which the rankings are based, showing improvement in nine of them.
Prince Mohammed bin Salman put 11 princes and nearly 200 high-ranking officials, under arrest for corruption.
The shift is meant to bolster China’s stagnant financial markets and includes scenarios where foreign entities can have a controlling interest in the country’s financial businesses.
ANZ's Head of International Banking and Financial Institution, John Campbell spoke with Global Finance Editor Andrea Fiano on the sideline of Sibos 2017 regarding the need for the banking industry to come together to leverage emerging banking technologies.
Jerry Zhang, CEO of Standard Chartered Bank (China), speaks about the bank’s award-winning efforts in sustainable, socially responsible banking practices.
As debt burdens inside China rise, the country's banks are ramping up cross-border lending.
Global Finance’s ranking includes all 25 Chinese banks that are rated by at least one of the three major credit-rating agencies.
Dominated by the largest banks in the world by far, China’s economy has soared to towering heights. But what lies beyond the horizon?
These futures would be China’s first such contract open to direct trading by foreign enterprises. If successful, the country could create similar contracts for other strategic commodities.
The company's steel, aluminium and copper products are used by over 500 Japanese and global firms including the likes of Nissan, Toyota, Boeing and General Motors.
These are the rating for Central Bankers from the Asia-Pacific region in 2017.
India’s banking system, weighted toward state-backed entities, is opening up to private-sector banks to boost competition.
Emerging markets took 9% of the global total of $240 billion invested by private capital funds during the the first half of 2017, the highest share since before emerging markets’ sudden fall from grace in 2011.
Global Finance is proud to present the winners of the 10th annual Stars of China Awards, honoring the best Chinese financial institutions. See the full list of winners.