Led by EVs, solar, wind, China’s new energy stocks are investment options
As an early mover in electric vehicles, China now has the largest market accounting for around 57.4 per cent of global EV production in 2021.
Finance
Japan firms form new company for domestic production of next-gen semiconductors
The total investment to set up the new company is likely to be more than ¥7 billion (USD 49 million).
Indonesia mutual funds reeling as rate hikes, regulatory changes bite
Analysts say the drop was a result of interest rate hikes and policy changes regarding taxation and insurance brokers.
More policy support set for real economy
Experts said stepped-up monetary support to boost investment is expected to buffer the downside risks of real estate weakness, among others.
Investors take a shine to Chinese bonds
There is still much room for foreign investors to increase their position in renminbi bonds as economic growth steadily recovers, sources state.
Banking giants to inject 95 trillion won to ease liquidity strain
10 trillion won is set aside to manage liquidity at these South Korean groups’ affiliates, including brokerages, insurance, and card companies.
Corporate bank loans surge amid liquidity concerns
Despite being battered by rising borrowing costs intended to corral inflation, companies are expected to seek out more bank loans.
China central bank governor stresses privacy protection for e-CNY
"Anonymity and transparency are not black and white”, he warned, highlighting privacy protection as a major issue for applications.
Global use of RMB growing steadily
The latest data showed that the renminbi is now next to the US dollar, euro, Japanese yen and pound sterling in terms of foreign exchange trades.
Crypto trading will go on, say retail investors as S’pore proposes tighter rules
The regulations released by the Monetary Authority of Singapore include having investors take a test to assess their understanding of the risks in trading crypto.