12/31/2019
Recall that over the last decade, several banks, including RHB Bank Bhd, Affin Bank Bhd and Bank Islam Malaysia Bhd, were intent on acquiring Indonesian banks.
12/30/2019
Although market players had been expecting the transaction as discussions on the acquisition had been ongoing since late 2017, they did not expect the sum of money the Japanese financial heavyweights poured in to acquire Danamon and BNP.
12/30/2019
China is at a stage where regulators and the government are comfortable that local business can handle the threat of foreign competition
12/30/2019
Little is known about the digital yuan except that it’s been in the works for five years and Beijing is nearly ready to roll.
12/30/2019
To keep up the momentum and excitement, the central bank of Malaysia has issued a draft licensing framework on creating digital banks in the country.
12/30/2019
Serving Women As Financial Services Customers: Women In Financial Services 2020
12/30/2019
The IMF notes that Hong Kong is well placed to address both cyclical and structural challenges given its significant buffers, despite weakened economic activity and mounting headwinds on the growth outlook.
12/29/2019
The investment inflow into the country in 2019 was almost 10 times the amount invested by domestic companies
12/29/2019
“Based on the situation of these few months, it is inevitable that negative growth will continue,” Financial Secretary Paul Chan said in a blog post.
12/29/2019
Why did the UAE emerge unscathed from the Arab spring? The country has a tax and welfare system that prioritises citizens.
12/29/2019
Floating-rate loans, excluding individual housing loans tied to state provident funds, that have been signed before 2020 will be priced in line with the LPR, the central bank said.
12/29/2019
The increasingly violent pro-democracy protests that escalated in June have undermined Hong Kong's economy, discouraging tourists from visiting and slashing retail sales.
12/29/2019
In 2014, South Korea launched the won-yuan direct market to boost trade payments in both currencies and reduce exchange rate-related risks.
12/27/2019
Foreign purchases face approval requirement, but sectors yet to be named
12/27/2019
"What I was surprised by, though, was the violence - how things took a violent turn," Bhatnagar said.
12/27/2019
Russia is also among the most resource-rich countries globally.
12/27/2019
“The healthy new home sales performance in 2019 is partly due to prices remaining resilient in spite of the cooling measures that were imposed in July 2018,” says Ong Teck Hui, JLL senior director of research & consultancy.
12/27/2019
This system imposed little discipline on borrowers. Now global investors are coming into China’s bond market.
12/27/2019
How many do you recognise and can you guess what their education background was?
12/27/2019
The significant revision comes as Macau’s economy entered recession this year for the first time since the VIP gambling crunch of 2014.