Managers of Wealth Asia Pacific

Japan's latest push for more workforce diversity challenges megabank culture

Japan's banking industry is still "a male's society," said Toyoki Sameshima, a senior analyst at SBI Securities Co.

China’s rich face million dollar question: stay and risk losing assets, or face the coronavirus abroad?

The number of rich Chinese moving abroad to safeguard their financial assets has grown in recent years

Singapore economy shrinks 5.8% in 2020

In the fourth quarter, the economy shrank by 3.8 per cent year on year, after a revised 5.6 per cent drop in the third quarter, as more coronavirus related curbs on economic activities were lifted.

THAILAND: Debt levels are a time bomb

Rising domestic household debt can be mainly attributed to the sluggish economy and a virus crisis in which a fresh wave will likely only heap more financial pressure on the nation.

China warns of retaliation for NYSE's delisting of companies

China says it will take necessary countermeasures in response to the New York Stock Exchange’s announcement this week that it will delist three major Chinese telecoms, in the latest flare-up of tensions between Beijing and Washington

Private banks to have a good year in 2021: Analysts

Banks have conservatively raised capital and built aggressive provisions and Morgan Stanley believes the current stock of provisions at large private banks is enough

China eyes shrinking Jack Ma’s business empire

The state could take a bigger stake in the billionaire’s businesses as regulators beef up oversight of the powerful tech sector

Most Asian bourses rise, but virus fears remain

“The reality is the markets are going to be focused on a recovery.”

Singapore GDP to extend decline in 4Q, but less sharply

The city-state began its COVID-19 vaccination programme on Wednesday, and has progressively been easing social distancing curbs as local cases dwindle, even though borders remain largely shut.

Japan to launch a CBDC feasibility study in 2021: report

The Bank of Japan revealed it will launch a CBDC feasibility study in April 2021.

It’s time banks stopped being run by bankers

No major industry theme is actually about banking

Why philanthropy is the sexiest thing you can do in 2021

Especially on social media, if you want to be sexy this 2021, you need to get philanthropic.

China should join the Paris Club

Other Chinese sources indicate that the outstanding debt is even larger than these reported figures suggest.

Accenture's Paul Ng: «Huge Opportunity» for Agile Financial Institutions

Ng noted that a vital challenge for both incumbents and digital challengers is gaining consumer trust.

Southeast Asia’s banks seen emerging from crisis better than peers

Unlike the 2008 global crisis, the current one did not start with banks.

Financial institutions play imperative role during economic crisis, says AmBank Islamic CEO

Only in an inclusive society founded on human dignity and the sustainable use of natural resources, could customers and in turn, financial institutions thrive, he told the panel on “The opportunities for a back-to-basics approach and how Islamic fin

Asian shares, credit bonds to outperform in 2021: SC Bank

South Korea’s exports showed signs of recovery in recent months.

Australian economic outlook is positive: CBA Economist

COVID-19 had a significant impact on the Australian economy and financial markets in 2020, but the outlook for 2021 is, thankfully, more positive.

Japan a Hard Sell for Bankers When Taxman Can Take Half

Finance industry stars with million-dollar salaries would have to hand over half their earnings to the government for the privilege of working in Tokyo.

An optimist's guide to 2021 in Asia

The pandemic has been a catalyst for change in health, tech and working practices

Comment, Analysis & Research