Former Philippine president Benigno Aquino III, passed away on June 24. Under his leadership, the Philippines sustained strong economic growth and underwent key structural reforms that strengthened the country's capabilities.
Despite 2020 being a difficult year for most economies, some countries’ remittance flows have proven more resilient than expected during the COVID-19 pandemic, according to a World Bank report.
The shocking announcement of divorce made by Bill and Melinda Gates after 27 years of marriage sent a wave of speculation and uncertainty about their billion-dollar worth charity.
Kazakhstan has started a public consultation for the launch of a central bank digital currency (CBDC).
Shuyin Tang, CEO and co-founder of the Beacon Fund and partner at Patamar Capital, talked about the growth of impact investing in Southeast Asia and the outlook for development in the region post-COVID-19.
Some companies have acquired cryptocurrencies for their corporate treasuries despite the volatility. MicroStrategy, the public company that holds the most bitcoin on the balance sheet, remains bullish on bitcoin.
Alibaba posted a quarterly net loss for the first time since 2014 mainly due to the anti-monopoly fine slapped by the regulator in March. Tighter regulation also overshadows the initial public offering (IPO) prospects of Ant Group, Alibaba’s finance subsidiary
The world’s 60 largest banks from Europe, Asia and North America continue to funnel nearly $3.8 trillion into fossil fuel projects from 2016 to 2020. Most nations are missing their Paris Agreement targets by a long shot.
Steve Weston, founder and CEO at Volt Bank and Justin Xiao, chief operating officer at Railsbank, Asia Pacific discuss plans to leverage their partnership for banking-as-a-service in a bid to launch in a competitive Australian market where two neobanks have already folded up.
As trials move into actual implementations, global financial markets and monetary systems will be disrupted and transformed.
The growth in financial services has been remarkable over the past few years in India and the financial sector has witnessed a transformation with the introduction of fintech. Let us take a glimpse of key fintech segments that affect man - digital payments, insurtech and wealthtech.
Crypto markets have seen recent spikes and increased volatility as more mainstream companies and speculators continue to join the digital asset trading and investment bandwagon. The impressive rise of other cryptocurrencies beside Bitcoin has dented its market dominance.
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