Asia & Australasia

Indonesia announces tax holidays for major industries in a desperate attempt to boost investment and reinvigorate the economy

Indonesia introduces tax holidays for foreign investors

Indonesia announces tax holidays for major industries in a desperate attempt to boost investment and reinvigorate the economy

Indonesia’s finance ministry has announced that it will give tax holidays of up to 20 years to foreign investors in six specified sectors. The decision is the latest prong in the new economic package that is presented by President Joke Widodo, also kno...

World Finance speaks with Shaily Mittal, MNI Indicator Economist to find out what has caused growth to lag in India during the last few quarters

Does India require greater stimulus?

World Finance speaks with Shaily Mittal, MNI Indicator Economist to find out what has caused growth to lag in India during the last few quarters

As India approached its seventieth year of independence, the mood has dampened since Modi’s election win. Come back later for a full transcript of this video....

This year has seen the sharpest contraction in world trade since 2009

World trade volumes slump in 2015

This year has seen the sharpest contraction in world trade since 2009

According to figures from the Netherlands Bureau for Economic Policy’s World Trade Monitor, there has been a sharp contraction in world trade volume this year. The first quarter of 2015 saw a 1.5 percent decline, followed by a 0.5 percent fall in the se...

World Finance speaks with Philip Uglow, MNI Indicators Chief Economist to find out what Black Monday means for China and the rest of the world

China overextended, but don’t overreact following Black Monday

World Finance speaks with Philip Uglow, MNI Indicators Chief Economist to find out what Black Monday means for China and the rest of the world

Its been said in the past when the US sneezes Europe gets a cold. How heavy an infection can the EU, Africa, and the US expect from this Chinese virus? Come back later for a full transcript of this video....

As Singapore prepares to celebrate fifty years of independence, World Finance looks at a number of its most outstanding firms

Celebrating Singapore’s birthday

As Singapore prepares to celebrate fifty years of independence, World Finance looks at a number of its most outstanding firms

Singapore has grown in stature since 1965. Here, World Finance looks at some of the biggest players in the country's markets – those that have helped define and push the city state. Singapore stats $308m GDP, 2014 Source: World Bank 1. Wilm...

As part of its ongoing privatisation push, Vietnam will remove caps on foreign ownership

Vietnam to relax foreign investment rules

As part of its ongoing privatisation push, Vietnam will remove caps on foreign ownership

Vietnam is set to abolish its caps on foreign ownership, which would allow foreigners to own a full 100 percent of a firm. Previously, the Communist-run state placed a cap of foreign ownership on certain firms and industries at 49 percent, to prevent fore...

Marcel Thieliant, Japan Economist at Capital Economics, tells World Finance that further structural reforms and wage increases are key

Thieliant: Japan’s economy is winning, but citizens still losing

Marcel Thieliant, Japan Economist at Capital Economics, tells World Finance that further structural reforms and wage increases are key

Economist argues that despite strong bond buying program in Japan, the Abe government needs to dramatically overhaul the taxation system. ...

The number of North Koreans seeking refuge in the South has dropped as the country’s economy has improved suggesting citizens are more content

A Korea of the future?

The number of North Koreans seeking refuge in the South has dropped as the country’s economy has improved suggesting citizens are more content

World Finance speaks with Bradley Babson, a former World Bank official, who is now the chair of the DPRK Economic Forum at the US-Korea Institute at John Hopkins on the economics of the regime. ...

With its economy growing faster than China's and a business-friendly prime minister, India may appear an enticing prospect to foreign investors. But ranking 142 on the World Banks ease of doing business report the country still seems to have a way to go

World Bank ease of doing business “numbers just numbers” for India

With its economy growing faster than China’s and a business-friendly prime minister, India may appear an enticing prospect to foreign investors. But ranking 142 on the World Banks ease of doing business report the country still seems to have a way to go

World Finance speaks with TT Ashok, Chairman of the Confederation of Indian Industry's MSME Council, on doing business in the world’s second largest country. Come back later for a full transcript of this video....

Economist argues slow growth has reduced to stagnation in the Asian Tiger nation

Nightingale: China could be heading to a recession

Economist argues slow growth has reduced to stagnation in the Asian Tiger nation

Economist Roger Nightingale concedes to World Finance that his projected GDP growth figure of three percent growth may be too high for a country that has seen ‘no growth’ in the past year. Come back later for a full transcript of this video....

China and Pakistan have agreed upon a series of projects, designed to improve trade relations between the two nations

Pakistan and China united by new economic corridor

China and Pakistan have agreed upon a series of projects, designed to improve trade relations between the two nations

China and Pakistan have together unveiled plans for $46bn in vital energy and infrastructure projects, as the nations look to strengthen their existing relationship and construct a “land corridor” between the two. China’s Xi Jinping was in Islamabad...

The Umbrella Movement – the recent demonstrations in Hong Kong have drawn the world’s attention towards the relationship with the Chinese mainland and it’s isolated financial capital Hong Kong

Don’t kill the chicken to get the golden eggs: Hong Kong versus China

The Umbrella Movement – the recent demonstrations in Hong Kong have drawn the world’s attention towards the relationship with the Chinese mainland and it’s isolated financial capital Hong Kong

World Finance speaks with Frankie Fook-Lun Leung attorney and China expert on whether it’s wise for the Middle Kingdom to exert more control over Hong Kong considering its successful track record as a major financial hub. Come back later for a fu...

South Korea's slow economic recovery persists, causing the inflation rate to fall to its lowest level since 1999

South Korea inflation drops to 16-year low

South Korea’s slow economic recovery persists, causing the inflation rate to fall to its lowest level since 1999

Sluggish domestic demand and consumption have been hailed as the biggest impediments for South Korea’s economic recovery. While low prices persist, sales and wages remain stagnated, thereby curbing spending and investment – the mechanisms required to...

Ann Pettifor of Prime Economics argues China is the latest victim of the Washington consensus

Pettifor: Failure of IMF key to understanding AIIB’s rise

Ann Pettifor of Prime Economics argues China is the latest victim of the Washington consensus

Economist speaks to World Finance about how historically entrenched bias within the IMF towards Asia could be corrected by the AIIB. Come back later for a full transcript of this video....

Former White House official argues Europeans the rest of the world should reserve judgments on the merits of the Asian Infrastructure Investment Bank

Why is the US so threatened by the rise of the AIIB?

Former White House official argues Europeans the rest of the world should reserve judgments on the merits of the Asian Infrastructure Investment Bank

Christian Whiton tells World Finance the recent US diplomatic uproar over the UK’s endorsement of the Bank makes Americans look weak. World Finance: The China-led Asian Infrastructure Investment Bank has received the ultimate seal of approval fro...

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