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East Asia

India overtakes Hong Kong to become world’s seventh largest stock market

by Walter Watson
India overtakes Hong Kong to become world’s seventh largest stock market

A security guard walks past the National Stock Exchange of India building in Mumbai, India. Dhiraj Singh | Bloomberg | Getty Images India’s stock market value has overtaken Hong Kong’s …

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Exclusive | Middle Eastern countries eager to invest in Hong Kong mega projects such as Northern Metropolis, finance chief Paul Chan says

by Walter Watson
Exclusive | Middle Eastern countries eager to invest in Hong Kong mega projects such as Northern Metropolis, finance chief Paul Chan says

Middle Eastern countries are eager to invest in Hong Kong mega projects such as the Northern Metropolis, while more time is needed to further explain opportunities available in mainland Chinese …

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China banks, Hong Kong, local govt financing vehicles

by Walter Watson
China banks, Hong Kong, local govt financing vehicles

A pedestrian walks pass a branch of Industrial & Commercial Bank of China (ICBC) in Fuzhou, Fujian province of China. VCG | Getty Images Moody’s Investors Service cut its outlook …

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Thailand’s economy is slowing, and it could mean trouble

by Ron Morgan
Thailand’s economy is slowing, and it could mean trouble

Residents rest in front of a fan in Bangkok, April 25, 2023. Andre Malerba | Bloomberg | Getty Images Thailand’s economy grew at its slowest pace in almost a year …

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Chinese property developer Sunac says it’s met restructuring conditions

by Walter Watson
Chinese property developer Sunac says it’s met restructuring conditions

A booth of Sunac China is seen at a housing fair in China, May 16, 2014. Developer Sunac China missed the deadline for coupon payments on a $742 million offshore …

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Bank of Japan should shun ultra-loose policy to prop yen, Deutsche Bank says

by Walter Watson
Bank of Japan should shun ultra-loose policy to prop yen, Deutsche Bank says

A 1000 yen note on a tray at a souvenir shop in Hakone, Japan, on Tuesday, Nov. 22, 2022. SeongJoon Cho | Bloomberg | Getty Images Among major central banks, …

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Singapore bank DBS Q3 2023 earnings: quarterly profit beats forecast

by Walter Watson
Singapore bank DBS Q3 2023 earnings: quarterly profit beats forecast

DBS branch in Hong Kong. Budrul Chukrut | SOPA Images, LightRocket | Getty Images Southeast Asia’s largest lender DBS Group reported a 17% jump in third-quarter profit on Monday, benefiting …

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U.S. working with Indo-Pacific partners to boost economic resilience: USTR

by Walter Watson
U.S. working with Indo-Pacific partners to boost economic resilience: USTR

The United States is working very closely with its trading partners in the Indo-Pacific region to help build economic resilience, said U.S. Trade Representative Katherine Tai. The Indo-Pacific Economic Framework …

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The worst may be over for China, says former FTSE chief

by Walter Watson
The worst may be over for China, says former FTSE chief

Photo taken on Aug. 19, 2021 shows a stock market trend, Shiyan, Hubei Province, China. Costfoto | Barcroft Media | Getty Images China may continue to see some market volatility …

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State Department picks veteran diplomat Mark Lambert as top China policy official

by Walter Watson
State Department picks veteran diplomat Mark Lambert as top China policy official

American flags during the Road to Majority’s Faith and Freedom policy conference in Washington, DC, US., on Saturday, June 24, 2023. Nathan Howard | Bloomberg | Getty Images The U.S. State Department …

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