
Open Banking: Still The Next Big Thing
As open banking expands, consumers and companies stand to enjoy lower fees, greater ability to leverage their financial data: if they can control the risk of stolen or misused data.
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.
Global Finance announces the best private banks in the Asia-Pacific region.
Indonesia’s power sector emissions will peak by 2030 and reach net zero by 2050, about a decade ahead of schedule.
Chinese President President Xi Jinping emphasized security over economic growth at the recent 20th Communist Party Congress.
The yen fell to its lowest level against the dollar in 32 years as the Bank of Japan continues to keep interest rates near zero while central banks around the world are raising rates to fight rising inflation.
Scores of semiconductor companies are going out of business in China despite the government's drive to boost the sector.
Onewo hopes to raise up to $783.5 million with its IPO, but the overall state of China’s real estate market could undermine investor appetite.
In a sign of China's rising strength, the Asian Development Bank announced it may stop lending to the world's second largest economy.
Alibaba is one of more than a hundred Chinese companies currently on the provisional list of firms facing delisting from the New York Stock Exchange over transparency and national security concerns.
After years of scandals and mismanagement, Toshiba may soon be acquired in an M&A deal.
Last year SoftBank earned the highest profits ever for a Japanese firm and during the first quarter of 2022 had its worst quarter ever, losing $15 billion.
Hong Kong's next chief executive is a law-and-order candidate.