‘We were able to rethink legacy ways of collecting, managing and processing data,’ says Geraldine Wong
Change to total loss-absorbing capacity requirements will significantly reduce capital needed for compliance
The country’s economy lags behind as other emerging Asian nations surge ahead
The Reserve Bank of India’s new framework aims to increase industry standards without hampering innovation
China’s reforms look to boost investment, spur domestic consumption and attract foreign investment
After a period of growth, consumer spending in Asia is set to temper in 2024 unless central banks intervene, says S&P
After the shock of the Credit Suisse collapse, investors in the region are warming to the bond again
Japan’s Nikkei 225 index broke a 34-year record high, with the weak yen and governance structures playing a part
Experts are concerned about how banks’ connections to fossil fuel companies may be affecting the progress of the green transition
Will Japan’s $11bn climate transition bond drive wider adoption of transition finance?
Despite regulatory pressure on banks to transition to sharia-compliant financing, the rate of adoption is proving slow
Trading hours will be brought in line with other major markets to extend the won’s reach as an international currency
GDP growth is strong, but public debt levels high. Yet, it is corporate debt levels which may be the issue
The government has implemented changes to regulate non-bank payment service providers and the banking sector
The outlook is bolstered by a growing export market, the return of tourism and a recovering property sector
The government is pushing to boost competitiveness, but months later, progress remains limited
Credit to China remained substantially lower at end-September 2023 compared to mid-2021
The Reserve Bank of India’s move has brought both the actions of the bank and the regulator’s response to fintechs into the spotlight
China’s embattled property developer is to wind down operations, raising more questions on how the country’s struggling construction sector will continue
The geopolitical and economic outlook for Asia was discussed at an event hosted by UK think-tank Asia House