The government has implemented changes to regulate non-bank payment service providers and the banking sector
Asia-Pacific
Vietnam posts optimistic growth prospects
February 5, 2024The outlook is bolstered by a growing export market, the return of tourism and a recovering property sector
South Korea’s banking liberalisation push shows limited success
February 5, 2024The government is pushing to boost competitiveness, but months later, progress remains limited
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Credit to non-financial borrowers in China in decline
February 2, 2024Credit to China remained substantially lower at end-September 2023 compared to mid-2021
Scale of RBI response to Paytm under scrutiny
February 1, 2024The Reserve Bank of India’s move has brought both the actions of the bank and the regulator’s response to fintechs into the spotlight
Can Evergrande’s demise salvage the Chinese property sector?
January 29, 2024China’s embattled property developer is to wind down operations, raising more questions on how the country’s struggling construction sector will continue
Geopolitics and AI election risks temper Asia’s 2024 outlook
January 29, 2024The geopolitical and economic outlook for Asia was discussed at an event hosted by UK think-tank Asia House
New research sheds light on the use of forced labour in clean energy
January 26, 2024Does the transition away from fossil fuels towards ‘green’ or renewable forms of energy have a dark side?
Japan nurtures new financial hubs
January 16, 2024In a bid to attract international talent and investors, Japan is looking at how it can replicate other countries’ successes in developing cities into hubs for financial institutions and fintechs.
Chinese banks’ stress test reveals capital pressure
January 12, 2024As laid bare by stress test results, relevant credit growth in China is unlikely as it could further undermine banks’ loss absorption capacity.