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.
Chinese Web giant Baidu has obtained regulatory approval to establish, in collaboration with China Citic Bank, a direct-banking firm named Baixin Bank that will operate online rather than through brick-and-mortar outlets.
China is committed to investing more than $360 billion in domestic renewable energy and supporting technologies by 2020, building on its existing position as the world’s largest investor in renewables.
Wu Chunjiang, assistant general manager for private banking at China Merchants Bank (CMB), talks with Global Finance about building strength regionally in private banking.
The new prime minister of New Zealand has his work cut out for him, despite a relatively strong economy.
Given that China’s growth is slowing, the decision to replace Finance minister Lou Jiwei with Xiao Jie is controversial—yet not surprising.