Asia

20 Jun 18
The value of non-cash transactions in China hit 50% in 2016.
19 Jun 18
Their total wealth climbed 14.8% to US$21.6t.
18 Jun 18
There was a 20.7% YoY import increase in the energy sector.
18 Jun 18
JD.com will put up product sale through Google shopping.
13 Jun 18
Sluggish employment is experienced in the country.
13 Jun 18
Assets under management grew 15.2% which is almost double Europe’s 7.5%.
11 Jun 18
Hongkong, Brazil, and Singapore came next with US$104b, US$63b, and US$62b worth of FDI, respectively.
8 Jun 18
E-commerce orders ballooned 46.1% due to higher smartphone use.
8 Jun 18
However, robust deal-making activity may buoy the sector from its slump.
7 Jun 18
Foreigners could help counter labour shortage in construction and agriculture.
5 Jun 18
Credit costs rose from 2.5% to 4.3% of loans on average at state banks.
1 Jun 18
Lenders handled a whopping $11.1t in mobile payments in the first quarter alone.
1 Jun 18
European private banks are heavily investing in Asian footholds.
30 May 18
Loans to the SME segment accounted for almost a third of total system loans.
30 May 18
Seven lenders will take a stake of little over 14% in the JV.
30 May 18
Issuance of structured deposits surged almost 47% to $1.4t in the year through March.
30 May 18
Little will be left for lending from the government’s $32b capital injection.
15 May 18
Massive job cuts may be tantamount to losses seen during the 2008 global financial crisis.
15 May 18
Fintech firms will be compelled to be registered with authorities.
15 May 18
Declining loan demand is squeezing the profits of the country's lenders.
15 May 18
The banking sector is saddled with a massive $210b in problematic loans.
9 May 18
Banks are pooling resources to break growth ceilings with the planned development of a blockchain-powered trade finance platform.
7 May 18
Loan approvals on a 3M MA basis fell from 12.6% to 5% in March.
7 May 18
CAGR of real estate loans stand at 22% from 2012-2017 versus overall loan growth at 17%.
7 May 18
The country’s ultra wealthy are shunning property and gold and turning to equity and debt investments.
7 May 18
Intense shadow banking crackdown has reinvigorated on-balance-sheet activity.
2 May 18
Profitability is set to suffer but cleaner balance sheets will produce benefits in the long-run.
2 May 18
CAGR from 2009 to 2016 clocked in at 12%.
23 Apr 18
Amidst tighter regulatory pressures, analysts weigh in on whether Asia is still a market worth conquering.
20 Apr 18
Rising property loans and household indebtedness may pose problems for banks’ balance sheets soon.
19 Apr 18
Reserve requirement ratio for big commercial banks will be lowered from 17% to 16%.
18 Apr 18
CCB and AIA collaborated to offer blockchain-powered bancassurance products.
18 Apr 18
Approximately 55-80% of customers are considering opening an account in a digital-only bank.
18 Apr 18
The region has attracted more fintech investments than North America and Europe.
18 Apr 18
Mobile banking has grown at least twofold in Emerging Asia to outpace other e-banking types.
13 Apr 18
The world’s high net worth individuals are increasingly turning to Asia.
16 Feb 18
Growth will be driven by the energy, power, industrial and materials sector.
16 Feb 18
Higher fuel costs are likely to drive inflation up.
14 Feb 18
This was highly driven by private sector demands.
13 Feb 18
This was dragged by lower fintech deals in China.