12/31/2020
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
Comment, Analysis & Research
12/31/2020
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
12/31/2020
Most Asian bourses rise, but virus fears remain
“The reality is the markets are going to be focused on a recovery.”
12/31/2020
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.
12/31/2020
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.
12/31/2020
It’s time banks stopped being run by bankers
No major industry theme is actually about banking
12/30/2020
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.
12/30/2020
China should join the Paris Club
Other Chinese sources indicate that the outstanding debt is even larger than these reported figures suggest.
12/30/2020
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.
12/30/2020
Southeast Asia’s banks seen emerging from crisis better than peers
Unlike the 2008 global crisis, the current one did not start with banks.
12/29/2020
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
12/29/2020
Asian shares, credit bonds to outperform in 2021: SC Bank
South Korea’s exports showed signs of recovery in recent months.
12/29/2020
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.
12/29/2020
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.
12/29/2020
An optimist's guide to 2021 in Asia
The pandemic has been a catalyst for change in health, tech and working practices
12/29/2020
China’s economy is still months away from a full recovery, business survey finds
The survey’s tepid outlook contrasts with generally optimistic forecasts for China, the only major economy in the world expected to grow this year in the wake of the pandemic.
12/29/2020
Six Asian cities in the globe’s top 30 cities worldwide
Prolonged protests against the government – and the subsequent backlash – have not only dented Hong Kong’s international reputation, but have also caused significant economic disruption.
12/28/2020
Putting savings first and other financial lessons from 2020
There have been five economic recessions since Singapore's independence
12/28/2020
90pc of Malaysians feel upskilling, reskilling needed to secure jobs in post-Covid-19 era, survey shows
The UOB survey had polled 3,510 individuals aged between 18 and 65 in five countries, namely 1,030 from Singapore, and 2,480 in Malaysia, Indonesia, Thailand and Vietnam.
12/28/2020
Vietnam’s 2020 growth better than expected at 2.9%
A sharp virus-caused fall from last year's 7% GDP growth