ASIA: China’s central bank digital currency (CBDC) project has reached the mark of close to USD 14 billion in transactions during its pilot phase. This makes the...
ASIA: Singapore’s economy grew at a slower pace of 4.4 percent, but exceeded expectations, in the third quarter of 2022, according to advance estimates...
ASIA: A wholly owned subsidiary of the Agricultural Bank of China (ABC) has been approved to set up a wealth management joint venture (JV) with BNP Paribas...
ASIA: The Bank of Japan is considering revising its inflation outlook upward for the current fiscal year to next March, factoring in a bigger-than-expected...
ASIA: India’s retail inflation is set to ease from September levels, while economic activity is poised to expand, the Reserve Bank of India said in its monthly...
ASIA: Japan’s inflation-adjusted gross domestic product shrank 0.3% in August from July as exports to China and Europe fell, as local demand remains sluggish,...
ASIA: China’s central bank extended its bilateral currency swaps with European Central Bank, worth 350 billion yuan or 45 billion euros, according to a...