Why do you call them shadow banks?
Those fretting about higher yields should focus instead on the Fed’s pace of rate hikes into 2019.
The bank is accused of misdirecting investors, telling them the bond-sale proceeds would be used for legitimate purposes.
The Reserve Bank of India looks set to add a slug of liquor to the punch bowl ahead of elections next year.
People who know Urjit Patel, the Reserve Bank of India governor, told me he would stay on and fight, writes Andy Mukherjee.
The cost of food is a perennial risk for Indian governments – but this time it’s rural, not urban, voters who are revolting.
Indonesia’s Debt Problem? There’s Not Enough of It
Singapore Property Fortunes May Turn on an Election
New Delhi’s favorite pastime is quarreling about the past.
Liquidity is getting tight in Asia.
Retail investors probably have no idea they’re financing Kapoor’s ‘diamonds’. ‘Yes’, that’s what he calls his promoter shares.
An institution with money-printing powers should have no difficulty keeping lights on. But could it continue to act effectively?
Government overreach has brought relations with the central bank to a low point, and that will hurt the country.
DBS Hitches a Ride With Go-Jek to Create a Super-App
Including the capital region, India is home to nine of the world’s 10 most-polluted cities.
Hong Kong Ponders a Belt and Road to Perdition
Returning to a (tiny) profit is nice but the bad debt demons are likely to surface in unexpected areas.
Singapore Banks’ Good Times Have Come and Gone
That will take longer than selling the Indian group whole, but it’s more important to get the job done well than quickly.
StanChart's Doing Fine (But for the Fines)
Tapping the diaspora to prop up INR may be costly, but using $ to lubricate the local financial system is a worthwhile motivation.