Asia & Australasia

As the dust settles following India’s dramatic federal election, Narendra Modi is increasingly feeling the pressure to deliver robust economic reform

Modi’s tech infrastructure fervour on the back of Obamamania

As the dust settles following India’s dramatic federal election, Narendra Modi is increasingly feeling the pressure to deliver robust economic reform

World Finance speaks to Nigel Eastwood, Group CEO at New Call Telecom International, on what infrastructure demands Narendra Modi must make to achieve single or even double digit growth. World Finance: As you know, at an investment summit in Gujara...

In the biggest jump since 2013, exports have grown, marking a significant reduction in Japan’s trade deficit

Japanese exports are on the rise

In the biggest jump since 2013, exports have grown, marking a significant reduction in Japan’s trade deficit

Japan’s Ministry of Finance released data on Thursday stating that exports had risen by 17 percent in January from the previous year. This boost is attributed to stronger shipments of machinery, vehicles and electronics, aided by the country’s weakene...

Anti-establishment Common Man Party deals blow to Modi’s reform agenda less than a year after taking office

India’s Common Man deals Modi a blow in Dehli election

Anti-establishment Common Man Party deals blow to Modi’s reform agenda less than a year after taking office

Just eight months after Prime Minister Narendra Modi swept to power in India’s general election, he has suffered an embarrassing setback in the country’s capital. In elections for Delhi’s assembly, Modi’s ruling Bharatiya Janata Party (BJP) was r...

Indonesia’s economic growth has dropped to its lowest in five years amid political uncertainty and decreasing investments and exports, putting pressure on the country’s new president

Indonesian economic growth at five-year low

Indonesia’s economic growth has dropped to its lowest in five years amid political uncertainty and decreasing investments and exports, putting pressure on the country’s new president

According to data released by the statistics bureau, Southeast Asia’s largest economy has seen GDP expand 5.02 percent in 2014, to $663m, compared with 5.58 percent in 2013. This growth is the weakest expansion since the height of the financial crisis ...

As China undergoes rapid economic structural reform, Hong Kong is forced to prove its worth as a key entry point for multinationals in the face of stiff competition

Is Hong Kong still the best business gateway into Asia?

As China undergoes rapid economic structural reform, Hong Kong is forced to prove its worth as a key entry point for multinationals in the face of stiff competition

World Finance speaks to a number of experts in Hong Kong on whether the city can retain its popularity as a regional interlocutor. World Finance: Another busy day begins at international recruiting firm Harvey Nash's Asia Pacific Office, based in H...

China-based Hurun Research Institute has unveiled the country’s richest billionaires in its latest report, the Hurun Global Rich List 2015. The top spot is unsurprisingly held by Li Ka-shing, but other shifts in the rankings indicate a level of instability for the Chinese economy

China’s top five rich list

China-based Hurun Research Institute has unveiled the country’s richest billionaires in its latest report, the Hurun Global Rich List 2015. The top spot is unsurprisingly held by Li Ka-shing, but other shifts in the rankings indicate a level of instability for the Chinese economy

Li Ka-shing Li Ka-shing’s Cheung Kong empire amasses a wealth of $32bn, making him the richest man in Asia and the wealthiest man in Hong Kong for the 17th year in a row. The real estate tycoon is increasingly diversifying his portfolio and reach, inve...

A renminbi depreciation threatens Hong Kong from its “super connector” status. Norman Cha, Chief Executive of the Hong Kong Monetary Authority, challenges this assertion

Is Hong Kong China’s global “super connector”?

A renminbi depreciation threatens Hong Kong from its “super connector” status. Norman Cha, Chief Executive of the Hong Kong Monetary Authority, challenges this assertion

World Finance: At this year's Asian Financial Forum Chief Executive CY Leung highlighted the "super connector" role that his city plays between China and the rest of the world, but given the recent depreciation of the RMB, one has to wonder if this ro...

Largest ever quarterly profit for a public company comes after Apple began selling iPhone in China’s lucrative market

Apple gains staggering profits thanks to Chinese deal

Largest ever quarterly profit for a public company comes after Apple began selling iPhone in China’s lucrative market

Despite claims within the tech industry that Apple has lost its lustre in recent years, the company has gone from strength to strength in the eyes of investors. In a conference call to investors yesterday, Apple CEO Tim Cook unveiled revenue growth of $74...

Sri Lanka’s new president pledges a 100-day programme to restructure the state and economy

Sirisena shakes up Sri Lanka

Sri Lanka’s new president pledges a 100-day programme to restructure the state and economy

Following Mahinda Rajapaksa’s increasingly authoritarian 10-year reign, the election of Maithripala Sirisena came as much as a surprise in Sri Lanka as it did for international onlookers. Formerly the health minister until defecting in November, the Pre...

After days of hearing state-aligned platitudes, Cheah Cheng Hye – known as Asia’s Warren Buffet – quickly became the standout star at the Asian Financial Forum in Hong Kong

‘Asia’s Warren Buffett’ criticises Chinese government

After days of hearing state-aligned platitudes, Cheah Cheng Hye – known as Asia’s Warren Buffet – quickly became the standout star at the Asian Financial Forum in Hong Kong

"The country desperately needs financial markets to function properly rather than rely on state-owned banks to allocate capital. The allocation system has become a threat to the legitimacy of the communist value of China." While a diminutive figure, Hy...

China’s GDP growth fell to the lowest level in 24 years in 2014, on the back of a slump in real estate, soaring debt and weak domestic demand

China’s economic growth slowest for 24 years

China’s GDP growth fell to the lowest level in 24 years in 2014, on the back of a slump in real estate, soaring debt and weak domestic demand

China’s GDP growth was down 0.3 percent from 2013 at 7.4 percent, marking the slowest rate of growth since global sanctions against the country in 1990, following the Tiananmen Square massacre, stalled its expansion. The slumped growth also marked th...

Chinese experts remain ambiguous over nation’s stance with Russia, writes Kumutha Ramanathan at the Asian Financial Forum in Hong Kong yesterday

China keeps low profile over Russian-relations at AFF

Chinese experts remain ambiguous over nation’s stance with Russia, writes Kumutha Ramanathan at the Asian Financial Forum in Hong Kong yesterday

Call Putin a thorn in the side of Europe, even the West's next big mafia hit. Just don't expect an insipid Chinese government and its financial behemoths to react. That unofficial doctrine seemed to bleed through Ding Xuedong, Chairman and CEO of China...

World Finance speaks to Imran Motiwala, Chief Executive Officer of AKD Investment, about Pakistan’s improving economic conditions

AKD Investment Management on Pakistan’s growing economy

World Finance speaks to Imran Motiwala, Chief Executive Officer of AKD Investment, about Pakistan’s improving economic conditions

Pakistan's economy is said to be getting back on track, with overall macro-economic conditions in the country improving. World Finance speaks to Imran Motiwala, Chief Executive Officer of AKD Investment, about what this means for investments in the count...

World Finance speaks to Simon Featherstone, Global CEO of Bibby Financial Services, to discuss China’s future in the global economy

‘China will remain and become an even bigger pivotal cog’ for the global economy

World Finance speaks to Simon Featherstone, Global CEO of Bibby Financial Services, to discuss China’s future in the global economy

European banks are still being cautious; investment in the European economies is behind that in the US. Simon Featherstone, Global CEO of Bibby Financial Services, speaks to World Finance to discuss what is occurring across the world, and in the emerging ...

China's trade figures for December surged 9.7 percent from a year earlier, but analysts believe stimulus is still needed

China’s exports have stronger December than expected

China’s trade figures for December surged 9.7 percent from a year earlier, but analysts believe stimulus is still needed

New data shows that the second-largest economy in the world ended 2014 more positively than expected, with imports jumping 9.7 percent and imports down 2.3 percent from a year earlier. State news agency Xinhua said these final figures mean exports were up...

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