Tag
asia
14 articles
HDFC Bank CEO Jagdishan Confirms October Exit, Triggering Succession Hunt
Sashidhar Jagdishan will leave India's largest private lender when his term ends Oct. 26, ending weeks of speculation and opening the door to an internal or external replacement.
China Removes Tax Breaks as Local Debt Rises
Beijing is stripping away tax incentives and cracking down on their misuse as local government debt exceeds $18.9 trillion, fueling overcapacity across industries.
Asia Deploys AI to Cut Bureaucratic Backlogs, Risks Job Losses
Governments across Asia are using artificial intelligence to speed up welfare distribution and clear court backlogs, but UN economists warn of job displacement and widening inequality.
Japan's Curry Houses Caught in Visa Crackdown Aimed at Shell Companies
A rule change targeting wealthy foreigners using shell companies to secure visas has cut business-management visa applications by 96 percent, threatening thousands of Nepalese-run restaurants.
China's Fulujia Is the World's Largest Bar Chain, Where a Beer Costs 80 Cents
Mixue paid RMB 297 million for a 53 percent stake in Fulujia, the fast-growing craft beer chain with more than 3,200 mini-pubs open since 2021.
South Korea's Lee Calls for Talks With North to End Seven-Decade War
President Lee Jae-myung proposed formal peace negotiations with Pyongyang on Liberation Day, saying the two Koreas should discuss halting North Korea's nuclear program.
Zhu Rongji, Architect of China's Economic Rise, Dies at 97
The former premier oversaw sweeping reforms that integrated China into the global economy, but his policies also created lasting challenges.
Bitcoin Asia 2026 Lines Up 150+ Speakers in Hong Kong for Aug. 27–28
The Bitcoin-only conference at the Hong Kong Convention and Exhibition Centre covers mining, treasury strategy, institutional adoption and open-source development.
India Weighs Limits on Sugarcane for Ethanol to Boost Sugar Supply
New Delhi is considering restrictions on sugarcane diversion for ethanol production, a move officials say could add roughly 3 million metric tons to domestic sugar supplies.
Taiwan Launches Annual Han Kuang Drills as China Pressure Grows
Taipei began its largest military exercise of the year Wednesday, preparing the island's armed forces and civilians for a potential invasion from Beijing.
El Niño Deepens Asia's Rice Supply Crisis After India Export Curbs
Rainfall deficits across Southeast and South Asia compound elevated fuel and fertilizer costs, threatening yields and regional food stability.
Bitcoin Asia Returns: Asian Markets Drive 60 Percent of Global Stablecoin Volume
The conference signals renewed focus on Asian markets as key drivers of digital asset adoption, even as the Crypto Fear & Greed Index sits at 28.
Bitcoin Holds $76K as Asian Institutional Flows Drive Accumulation
Digital assets maintain stability despite extreme fear readings as exchange outflows signal long-term positioning
UOB Q1 Profit Drops 18% As Asia Banks Face Margin Pressure—10-Year Treasury Falls
Singapore bank's earnings miss signals tightening credit conditions across Asia-Pacific, driving flight to quality in global bond markets