Asia

Thailand's consumer spending to see growth in 2018

Rising disposable income could spur spending on skin-care, make-up, and accessories.

7 in 10 Indonesian banks threatened by ride-hailing firm Go-Jek

The app’s wide payment capabilities poses a risk to conventional banks.

Lending crunch fails to cripple Japan's mega banks as they join world's largest 20 lenders

MUFG is the ninth largest bank globally with a tier 1 capital of $153.04b.

Philippine banks explore blockchain for payment and remittance services

The central bank approved a pilot project creating a real-time remittance corridor.

China dominates world's largest banks even as Europe flexes financial muscle

Chinese lenders held the top four places in overall ranking based on Tier 1 capital.

Here's why Korea could withstand the trade war

Its ASEAN-bound FDIs have surpassed China-bound FDIs since 2015.

SEA investment deals ballooned to US$21.9b

Majority of investments were pumped into real estate, energy, and technology.

US-China trade wars could dent Japan's export growth

The US accounts for 20% of Japan's total exports.

APAC IPO proceeds ballooned 80% to US$3.1b

Vietnam led the growth with a real estate developer listing of US$3.1b.

Business confidence in Japan slipped in Q2 2018

Large manufacturers' worries intensify over trade frictions and geopolitical risks.

APAC leads growth in global real estate transparency

Australia and New Zealand placed second and seventh in the global transparency rankings.

Emerging markets in Asia could get hurt from US-China trade tension

Taiwan, Malaysia, Singapore, Korea, Hong Kong, Thailand, Philippines, and Japan will be amongst the most affected by US tariffs on Chinese goods via supply chains.

Asian firms could pay in-demand workers US$15,000 more amidst talent crunch

Japan's salary surge could cost as much as US$468b by 2030.

China to trim minimum bank reserves in July

The move will release liquidity valued at around US$100b to support the economy.