The Reserve Bank of India’s most recent foreign exchange reserves data shows that, despite a steep slowdown in central bank purchases this year, India’s gold
Category: Asia Pacific
The US seizes $14 billion in bitcoin in one of the world’s largest crypto fraud cases.
The U.S. government is moving to take 127,271 BTC, valued at about $14 billion, related to a vast internet investment scheme perpetrated by Chinese émigré
China, Japan, and South Korea will gang up to counter US tariffs.
A social media account connected to China’s state broadcaster CCTV announced on Monday that China, Japan, and South Korea have decided to retaliate against U.S.
ADB grants extra $7.2b climate finance with the US and Japan giving the world’s first sovereign guarantees.
The United States and Japan agreed to cover the risk for some existing loans, marking the first sovereign guarantees for climate funding, while the Asian
Thailand’s pension fund may invest $11.6b in global private assets as part of strategic overhaul.
An executive told reporters that as part of a strategic reorganization to address its low returns amid growing demand from an aging population, Thailand’s failing
Japan opts for a 4-day workweek to prevent “Karoshi”, and death from overwork.
In an effort to combat a concerning labor shortage, more individuals and businesses are being persuaded to switch to four-day workweeks in Japan, a country
Japan’s two biggest banks will divest $8.5b shareholdings in Toyota Motor.
The two largest banks in Japan, according to sources cited by Bloomberg News on Friday, will begin selling their strategic stakes in Toyota Motor valued
Indonesia with the World’s largest Nickel reserves lures Elon Musk to build an EV battery plant.
The establishment of an electric vehicle battery plant in the nickel-rich nation of Indonesia has been suggested by the government to Tesla CEO Elon Musk,
Vietnam property firm accused of $12b fraud linked to prime assets.
Following a month-long trial, Van Thinh Phat Holdings Group Chairwoman Truong My Lan, the mastermind of Vietnam’s largest-ever financial scam, was condemned to death on
HSBC to invest $1b in Southeast Asia’s digital economy, one of the world’s fastest-growing projected at $600b.
On Wednesday, HSBC announced that it is establishing the ASEAN Growth Fund, a $1 billion growth fund that will lend money to Southeast Asian businesses
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