It was a spectacle reminiscent of the worst days of the late-1990s Asian financial crisis: Throngs of depositors descended on branches of Bank of East Asia across Hong Kong last September, worried ...

Asia’s big banks are elbowing out their Western rivals as demand for financial services skyrockets in the region—and beyond. One of the great ironies lost in the panic of the global financial crisis ...

Asia-Pacific banks balanced falling rates and digital transformation while Japan’s megabanks surged on widening margins.

(Bloomberg) -- The worst may soon be over for Asia’s emerging-market currencies, which have come under pressure during the Iran war, as central banks have begun stepping up their support, having ...

Central banks in Asia face a catch-22 in 2025. A relentless rise in the U.S. dollar has sent Asian currencies such as the Japanese yen, South Korean won, Chinese yuan and the Indian rupee reeling to ...

Good Morning, Asia. Here's what's making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a ...

Transaction banks in Asia have been relatively slow to move away from manual processes. PwC’s 2023 digital banking survey stated that it was imperative for banks in southeast Asia to accelerate their ...

By Yantoultra Ngui, Rae Wee and Selena Li SINGAPORE/HONG KONG, April 30 (Reuters) - Banks across Asia, including those in ...

Central bank decisions by South Korea, Indonesia and Thailand are in focus after the Philippines took the leap and became one of the few central banks in Asia to cut ahead of the Federal Reserve. Now, ...

At its annual meeting in Samarkand, the Bank outlined a programme focused on cross-border energy and digital infrastructure.

For the second year in a row, HSBC walks away with the award for Asia’s best bank – and deservedly so. Outgoing chief executive Noel Quinn’s decisive move in early 2020 to pivot to Asia by redeploying ...