14 h. ago India expected to maintain robust growth despite Pakistan tensions, trade woes

India is poised to remain the world’s fastest-growing major economy this year, analysts have said, with a recent jumbo rate cut by its central bank expected to boost consumption and investment, even as the country contends with fresh military tensions with Pakistan and an uncertain global trade environment. The Reserve Bank of India (RBI) last week delivered a larger-than-expected interest rate cut of 50 basis points and reduced the cash reserve ratio – the minimum amount of capital banks must...

Events

3 d. ago How China’s overlooked financial system enabled its industrial success

China has powered ahead of other nations in terms of industrial and export development, to the point where it is now seen by rivals (not least the US) as a threat that must be countered by trade protectionism. But most analyses of its success overlook the key role played by China’s financial system. The mirror image of that success is the failure by many Western economies to nurture savings collections and investment systems that are well attuned to promoting balanced economic growth. Fund...

Politics

3 d. ago China's central bank buys gold for seventh straight month in May

China's central bank buys gold for seventh straight month in May  CNBC

Economics

6 d. ago 2025 Meeting of Finance Ministers and Governors of Central (National) Banks of Shanghai Cooperation Organisation Member States was held in Beijing

2025 Meeting of Finance Ministers and Governors of Central (National) Banks of Shanghai Cooperation Organisation Member States was held in Beijing  pbc.gov.cn

Politics

1 week ago ‘US troops critical’: South Korean presidential candidate signals turn on China

US troops in South Korea could be “critical” for containing China, and might potentially benefit Seoul’s outreach to the Arctic, according to the front runner for the coming presidential election who has signalled a possible change in his position on China. During an exclusive interview with Time Magazine published on Thursday, the Democratic Party of Korea’s (DPK) presidential candidate Lee Jae-myung said US Forces Korea (USFK) could play a “critical role for the United States policy of...

Politics

2 w. ago Asean aims for more investments from GCC as US tariffs spur diversification

Southeast Asian economies have signalled their readiness to allow more investments from the Gulf region in sectors such as technology, artificial intelligence and renewable energy, as they look to diversify growth and shield themselves from the impact of US tariffs. In return, the six-member Gulf Cooperation Council is seeking partners beyond the Middle East to tap its oil wealth as part of its efforts to play a greater role in global growth. Southeast Asia’s economies have been reeling since...

Economics

2 w. ago Why central banks are playing a big role in pushing up gold prices

Gold prices have surged this year as investors seek safe investments amid a spike in economic uncertainty unleashed by US President Donald Trump’s tariff policies. But economists say that there is another important factor driving the rally: purchases by central banks. In this explainer, we explore why central banks are increasingly turning to gold assets, how that is driving a long-term structural shift in demand for the metal, and what that means for gold prices going forward. Why are central...

Economics

2 w. ago Can neighbours, security guards do more to help Hong Kong single families in need?

After recent discovery of toddler with dead mother, observers say kindergartens can also play bigger role to help identify vulnerable families.

Events

2 w. ago Can local community do more to help Hong Kong single families in need?

Neighbours, security guards and kindergartens can play a bigger role in looking out for vulnerable single-parent families in Hong Kong amid restricted information sharing under a privacy law, observers have said, after the recent discovery of a three-year-old girl alone at home with her mother’s dead body. A lawmaker on Monday also explained that families with special needs could respond better to volunteers in similar circumstances, a day after a welfare official pledged to explore expanding...

Politics

2 w. ago Hong Kong to be hub for ‘patient capital’ by nurturing start

Hong Kong is in a prime position to be a global hub for “patient capital”, an investment strategy that takes a longer view and is driven by “purpose and impact”, as it continues to advocate for technology start-ups, Financial Secretary Paul Chan Mo-po said on Thursday. Patient capital plays a critical role in supporting innovation, though it carries higher risks because of extended time frames and uncertain outcomes, Chan said at the inaugural International Forum for Patient Capital hosted by...

Politics

2 w. ago Australian exporters upbeat on business outlook in China despite trade war, central bank says

Australian exporters upbeat on business outlook in China despite trade war, central bank says  Reuters

Economics

2 w. ago Hongkongers deserve a financial education that empowers them

Knowing how to spend, save and invest shouldn’t be a luxury for bankers in Central but a necessity for people to thrive.

Politics

2 w. ago Singapore’s central bank chief sees ‘no alternative’ to US dollar assets despite downgrade

Even with three major credit rating agencies now downgrading the US, Singapore’s central bank boss says US dollar assets are irreplaceable.

Politics

3 w. ago China to play ‘constructive role’ to facilitate lasting India

China to play ‘constructive role’ to facilitate lasting India-Pak ceasefire, says ministry as Ishaq Dar visits Beijing  Mint

Politics

3 w. ago Why voters around Asia had Trump on their minds as they headed to the polls

Political analysts believe tariffs played a role in recent elections in Australia and Singapore, but not enough to fully explain the results.

Politics

3 w. ago 'Beijing's war lab': The secret role of Pakistan in China’s arms testing playbook

'Beijing's war lab': The secret role of Pakistan in China’s arms testing playbook  Business Today

Events

3 w. ago Kashmir conflict: the Chinese warplanes and weapons used by Pakistan

China is Pakistan’s biggest arms supplier, and its fighter jets and missiles played a key role in last week’s military exchanges with India.

Events

4 w. ago India seeks deeper defence ties with Japan amid push for strategic self

Japan can play a critical role in helping India respond to security threats, as New Delhi looks to broaden weapons procurement, analysts note.

Politics