Japan, a stalwart of cash society, shifted to digital when the pandemic pushed payments into a new paradigm – community currencies
The adoption of CBDCs in the region depend on their value-added for business and end-users and the support from banks and payment service providers
Investors are much less willing to pay a premium for shares of firms with low carbon risk.
Financial technology applications need to go beyond payments systems to provide a wide array of services, from lending to insurance, to new and existing banking customers
This punitive action will prompt economies in Asia to enhance their own mechanisms for support in financial crises and, over time, to reduce reliance on the US dollar.
Economies across the region will have to rethink trade finance, and accelerate the use of technology to drive inclusivity.
Why did the announcement of the OECD's ground-breaking global minimum tax proposal have little effect on markets?
Another ministerial conference is approaching later this year and, with a new director-general at the helm, there are hopes for a revival in the global body’s fortunes.
The concern should not be about the level of debt but about how the country deploys the financing and whether it is able to implement further structural reforms.
As the Chinese economy emerges from the pandemic, the philanthropy sector can build on its swift and effective responses to communities affected by Covid-19.
The purpose of the Chiang Mai Initiative should be renewed and deploying it would be a step towards ASEAN regional financial integration.
Washington’s threats to end Hong Kong’s special trade status could call into question the city's presence as a separate customs entity and international trading hub.
Governments are preparing for huge Covid-19-related spending that could lead to vast wastage. That can be prevented, argues Bryane Michael of The University of Hong Kong.
Such interventions only serve to worsen wealth inequality and, as a result, could fuel anti-globalization sentiment.
The US-China trade dispute is much more than a battle over a US$420 billion deficit, what the tensions are really about is a race for “geo-technological” superiority.