Offshore loans for Chinese corporates drove Hong Kong’s loan volume, totalling to US$66.7b or a 19.5% increase compared to 2023. Hong Kong emerged as the leader in the Asia Pacific (ex-Japan) syndicated loan market in 2024,
More Hongkongers are expected to travel to Japan amid a weak yen, tourism industry representatives have said after the country welcomed a record number of foreign tourists last year. Retail sector representatives also said on Thursday that the strong momentum of outbound travel by Hongkongers had hurt local consumption,
Panellists discussed opportunities and challenges in climate finance at the 17th edition of the Mint Annual BFSI Summit in Mumbai.
Analysts generally expect a mellow period for banks in the Asia-Pacific region throughout 2025, with positive outlooks for some countries outweighing gloomier projections for others, including heavyweight China.
The Bank of Japan is expected to hike interest rates twice in 2025 and twice more in 2026, International Monetary Fund chief economist Pierre-Olivier Gourinchas said on Friday.
The Bank of Japan is likely to raise interest rates next week barring any market shocks when U.S. President-elect Donald Trump takes office, and maintain a pledge to keep pushing up borrowing costs if the economy continues to recover,
Weak UK retail sales and GDP data has put pressure on the British pound. Rumors suggest the Bank of Japan may hike rates next week, which could impact the yen and GBP/JPY. Read more
It's easy to lose track of which days your bank is closed, but you also don't want it to affect your day off if you need to access money in one of your bank accounts. We've included a list of ...
We aim to build confidence in the safety and reliability of payment service providers’ services while protecting end users from specific risks. We’re taking steps to better understand the impacts of climate change on the economy and to reduce our ...
Hong Kong-based real estate manager ESR Group on Thursday said it was teaming up with U.S.-based data centre provider CloudHQ to jointly develop and operate a $2 billion data centre campus in Japan.
The project in Osaka is among ESR’s four data centers under development in Japan to capitalize on the AI boom.
TOKYO (AP) — Asian shares mostly rose Thursday, following a rally on Wall Street driven by encouraging update on U.S. inflation. Japan's benchmark Nikkei 225 added 0.2% to 38,532.18.