World Bank cuts 2026 Asia growth to 4.3%, warns of prolonged slowdown
The international bank lowers East Asia–Pacific's growth to 4.3% in 2026, citing weak global demand, policy uncertainty, and China’s rising debt burden.
Finance
Hong Kong steps up as Asia’s sustainable finance hub
Hong Kong and Asia are stepping up — positioning the city as a leading hub for sustainable finance and driving more innovative, nature-based solutions to address the global…
Bank Indonesia pauses after three consecutive rate cuts, but open to more
BI has kept its benchmark interest rate in place after decreasing it by 25 basis points in each of the past three months, but the central bank is open for further cuts to…
North Korea has allegedly stolen $2.84 billion in crypto since 2024 as China aids cash-out: report
North Korean IT workers span at least 8 countries, with China and Russia serving as key hubs.
How Pakistan’s crypto craze has made it a scammer’s paradise
As crypto fever grips Pakistan, what began as a ticket to financial freedom has become a minefield of scams, stolen wallets, and shattered trust.
The Philippine budget process: Step-by-step visual guide
Every peso in the national budget doesn’t just appear in a line item — it goes through a complex, multi-phase process involving the Executive branch, Congress, and the…
South Korean lenders eye expat residents for growth
As household lending slows, banks find growth in 2.7 million foreign nationals.
China’s GDP momentum keeps growth on track
They said growth momentum is expected to persist in the final quarter of the year, supported by a potential new round of measures aimed at shoring up demand, spurring consumption…
China economy to keep growing, IMF forecasts
The IMF's 4.8 growth projection for China, close to China's goal of about 5 percent growth for the year, has reflected the shifting effects of trade policy and domestic efforts.
China becomes a global hub for two-way investment
Nation taking on dual role in world economy — as magnet for foreign enterprises and increasingly influential outbound investor.