Asia-Pacific

Tokyo is reviving ambitions to be Asia’s top global financial hub. Many factors, including the country’s fully diversified economy and high level of household savings, favor the effort. But will it work this time around?

One of the strongest economies in Asia, Taiwan did relatively well in 2020, both economically and in handling the pandemic. The strength of its tech sector represents both an opportunity and a challenge for the near future, as do potential global and regional trade developments. Leaders from the Central Bank of Taiwan and five banks active on the island took up these topics and more in a recent Global Finance roundtable.

Stuart Wood, a founding partner of design agency Missouri Creative in London, points to Asia’s rising cultural influence—from K-pop to TikTok—as a soft yet powerful facet of its 21st century leadership.

Editor Andrea Fiano's monthly letter to you, the reader.

Strongly advocated by Germany, the agreement drew criticism from other European Union member states concerned with issues ranging from Beijing’s human rights record to cybersecurity and technology transfer.

Chinese ESG evaluation systems have evolved rapidly over the past few years. 

62 million square feet of Indian commercial space have been converted to REITs in the last decade and another 144 million square feet are to be converted over the next three to four years.

Following the lead of their US counterparts, China’s private equity funds are angling for bigger ownership stakes and a louder voice in the country’s corporate sector.

Japan’s Nippon Telegraph & Telephone Corp. will use the proceeds to pay for the acquisition of its mobile unit.

A younger, digitally savvy generation is now powering online insurance sales in an unprecedented manner.

The Covid-19 pandemic has given fresh impetus to the need for paper-free international trade processes. 

"America First" allows China to take economic leadership of East Asia.

Although Vietnam suffers from weak healthcare infrastructure, the government’s rapid response to the outbreak minimized damage to the economy.

Investors remain unclear as to the precise role of CCB in the blockchain bond.

The passing of the man who transformed Samsung from small trading business into tech giant inaugurates a new era.

For now, Australia’s most vital exports, which include liquid natural gas, iron ore and copper, have not been affected by rising tensions with China.

Gilson will join a small band of non-Japanese CEOs that includes Owen Mahoney at Nexon, Christophe Weber at Takeda Pharmaceutical and Eva Chen at Trend Micro.

China continues to mint new high-net-worth individuals, and private banks global and domestic are eager to serve.

For Chinese banks, the disruptions unleashed by the Covid-19 pandemic are hastening automation, new product development and greater emphasis on risk management.

Banks enlist in recovery effort.