Vietnamese Prime Minister Nguyen Xuan Phuc on Thursday expressed his concerns over the situation that black credit remains growing in Vietnam, especially in rural areas.
The EU's top anti-trust regulator on Wednesday slapped fines on banks HSBC, JP Morgan and Credit Agricole for rigging the Euribor interest rate benchmark used for a wide range of financial instruments.
Market analysts lower estimate of rate rise in Fed’s September 20-21 meeting
U.S. stocks ended sharply lower on Friday, as investors became cautious amid comments by U.S. Federal Reserve officials and concerned that the central bank might hike interest rate this month.
Premium income from life insurance products in China has grown fast in recent years with premium income from investment-oriented insurance seeing the biggest growth. While noticing that market vitality has been activated, regulators are also aware of potential risks of some businesses and companies beneath prosperity of the market.
Looking back at the past half year's global economy, it is disappointing to see a weak recovery and a risky future.
China is exploring the creation of a mechanism that would use a band to guide the country's interest rates, an approach aimed at giving the market a greater say in the financial system, a senior monetary official said on Sunday.
This is the second and final installment of a two-part series.The impact of the Bank of Japan’s recent decision to introduce a negative interest rate policy will likely extend to people with housing loans, with already-low interest rates nudged down even further.
The Bank of Japan (BOJ) on Friday surprised markets by announcing that it would introduce a negative interest rate to show resolution in the fight against prolonged deflation.
Ukrainian President Volodymyr Zelenskyy on Wednesday met with visiting U.S. Secretary of State Antony Blinken in Kyiv as the senior U.S. official made a surprise visit
Author: Prof. Engr. Zamir Ahmed Awan, Founding Chair GSRRA, Sinologist (ex-Diplomat), Editor, Analyst, and Non-Resident Fellow of CCG (Center for China and Globalizatio
Over the past 10 years, from the traditional agricultural sector and energy industry to the burgeoning new energy and digital technology sectors, Indonesia has seen mor
Brice Oligui Nguema, commander-in-chief of the Gabonese Republican Guard, was named as the transition leader of the Central African country on Wednesday night following
U.S. Commerce Secretary Gina Raimondo arrived in Beijing on Sunday night for a four-day visit.During her visit, China will state its position on economic and trade issu
New cabinet members under Thai Prime Minister Srettha Thavisin were sworn in at the Royal Palace on Tuesday.Earlier, Thailand's King Maha Vajiralongkorn has endorsed th
Rescuers on Monday faced a growing race against time to find survivors from the rubble of devastated villages in Morocco's Atlas Mountains, three days after the country
Yevgeny Prigozhin, head of the Wagner military group, was buried in private on Tuesday in his native city St. Petersburg, Russia.Prigozhin's press service said in a pos
Enrique Tarrio, the former national chairman of the far-right group Proud Boys, was sentenced on Tuesday to 22 years in jail for his role in the January 6, 2021, riot o
Ukrainian President Volodymyr Zelenskyy is expected to come to the United Nations headquarters in September, said Ferit Hoxha, Albania's UN ambassador, whose country ho
China's central bank held a meeting on Wednesday to enhance financial support for private enterprises, attended by high-ranking officials from regulatory bodies and rep
Activity in China's services sector expanded for an eighth-consecutive month in August, albeit at the slowest pace of the year, China's Caixin survey showed Tuesday.Cai
China has unveiled a slew of measures to strengthen the cultivation and management of young sci-tech talents to facilitate the country's drive to achieve greater self-r
Every weekend, Asia Pacific Daily will provide you with a run-down of the latest hot news.This week, the following hot news you should know:Top 1 | Brice Nguema named t
Zimbabwean President Emmerson Mnangagwa won a second term in office, election officials said Saturday.Mnangagwa, 80, won 52.6 percent of the ballots against 44 percent
The white gunman who shot and killed three Black people in Florida on Saturday bought his guns legally and wrote of his hatred of Black people, local law enforcement sa
At the invitation of Chinese President Xi Jinping, Benin's President Patrice Talon pays China a four-day state visit from August 31 to September 3. The visit injects ne
The 43rd Association of Southeast Asian Nations (ASEAN) Summit and related summits kicked off on September 5 in Indonesia, with a focus on establishing the region as an
Srettha Thavisin from the Pheu Thai Party was elected as the new prime minister of Thailand on Tuesday after winning a simple majority in a parliamentary vote.Srettha w