Asia Economy

A ‘momentous week’ ahead as the Fed, ECB and Bank of Japan near pivot point

The U.S. Federal Reserve, Bank of Japan and European Central Bank will all announce key interest rate decisions this week,…

Cathie Wood says her flagship innovation fund has completely exited China

Ark Invest’s Cathie Wood said her flagship innovation fund has reduced its China exposure to zero as the developing market…

TikTok Shop strikes ‘buy now, pay later’ partnership in Malaysia as part of e-commerce push

TikTok struck a partnership with “buy now, pay later” service Atome to offer installment payments on its e-commerce marketplace in…

Singapore’s ‘squeaky clean’ image takes a beating as scandals rock the government

SINGAPORE — Political scandals are rare in Singapore. The city-state has long touted its clean government and incorruptible image to…

North Korea has ‘no interest’ in nuclear talks with the U.S., says think tank

The U.S. has been working hard over the past year to engage with North Korea on denuclearization — but Pyongyang…

India’s IDFC First Bank says merger will boost credit growth

India’s IDFC First Bank expects to see robust credit growth following its recent merger, according to managing director and CEO…

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…