Asia Economy

Yellen says ‘direct’ and ‘productive’ Beijing talks a step forward in putting U.S.-China ties on ‘surer footing’

U.S. Treasury Secretary Janet Yellen said 10 hours of meetings with Chinese officials in two days were “direct, substantive and…

Yellen’s visit to China is ‘crucial’ to U.S.-China engagement, professor says

U.S. Treasury Secretary Janet Yellen’s visit to China is “crucial” to ensuring that both countries continue talking to each other,…

Southeast Asia’s IPO market is an investor favorite amid global headwinds, Deloitte says

Southeast Asia’s initial public offering market is showing promising signs despite a global IPO slowdown in the first half of…

Janet Yellen arrives in Beijing on mission to find common ground for U.S. and China

Treasury Secretary Janet Yellen landed in Beijing Thursday on a four-day trip aimed at finding common ground as rivalry between…

HDFC Bank director says Indian mega merger won’t face ‘insurmountable challenges’

The merger between India’s HDFC Bank and the Housing Development Finance Corporation (HDFC) will increase the entity’s customer base and…

OCBC is looking to Greater China and Southeast Asia for a $2.2 billion boost in revenue

Singapore’s Oversea-Chinese Banking Corporation has set its sights on “longer term opportunities” in Greater China and Southeast Asia and expects…

A U.S. recession is coming this year, HSBC Asset Management warns — with Europe to follow in 2024

The U.S. will enter a downturn in the fourth quarter, followed by a “year of contraction and a European recession…

Malaysia’s sovereign wealth fund seeks greater portfolio resilience in volatile markets

Malaysia’s sovereign wealth fund Khazanah Nasional is rebalancing its investment portfolio for greater resilience against market volatility, according to its…

U.S.-India relations enter a new chapter and could unlock even more tech and defense deals

U.S.-India relations entered a new chapter as Prime Minister Narendra Modi and President Joe Biden announced a slew of technology…

Biden labels Chinese President Xi a dictator

U.S. President Joe Biden on Tuesday called Chinese leader Xi Jinping a dictator, drawing a harsh response from China and…