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.
Hong Kong has grown beyond most expectations since its reunification with China two decades ago. But Shanghai and Shenzhen pose fresh challenges.
Following the April summit the US and China achieved a 100-day joint action plan, a significant departure from Trump’s campaign rhetoric
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.
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 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.
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.
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.
Global Finance Magazine’s 2017 rankings of the best banks in Asia-Pacific.
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
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.
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.
Using Silk Road bonds as a funding vehicle for the vast capital needs of the One Belt, One Road (OBOR) project appears a handy catchall subsuming devilish details.