By Mokhi Sultanova in Tashkent Uzbekistan’s national investment fund UzNIF on May 13 completed the country’s first ever public market debut, raising $603.6mn at a valuation of around $1.95bn on the …
Threatened Samsung strike poses significant risk to South Korea growth, finance minister says
SEOUL, May 14 (Reuters) – A threatened strike by Samsung Electronics’ union would be a significant risk to South Korea’s economic growth, exports and markets, Finance Minister Koo Yun-cheol said on …
Vietnam targets Q3 2026 for official launch of regulated crypto market
Vietnam’s Deputy Finance Minister Nguyen Duc Chi has said that the country might introduce its first officially regulated crypto asset trading.
Indonesia finance firms face narrowing window to monetise AI, BCG says
Financial institutions are entering a new AI-driven “intelligence war” focused on products and operations. Indonesia’s banks and insurers risk missing the next phase of competition if they continue …
Fitch cuts Bangladesh’s outlook to ‘negative’ on Middle East conflict risks
May 13 (Reuters) – Credit ratings agency Fitch revised Bangladesh’s outlook to “negative” from “stable” on Wednesday, citing rising macroeconomic and external financing vulnerabilities stemming from …
Indonesia’s financial sector urged to shift from expansion to resilience
The country’s 5% growth is no longer a green light for risk-taking, an economist warns. Indonesia’s banks and insurers are entering a more volatile operating environment despite economic resilience, …
What Bangladesh Bank’s NBFI liquidation plan means for depositors
Bangladesh Bank has decided in principle to liquidate five troubled non-bank financial institutions from July, marking one of the biggest regulatory actions in the sector’s history …
India Deploys AI Push to Detect Mule Accounts, Cyber Financial Fraud
The collaboration between I4C and RBIH aims to improve the sharing of fraud risk intelligence and enhance the resilience of India’s digital payments ecosystem.
Trump on Iran: ‘I don’t think about American financial situation’
President Donald Trump has arrived in Beijing ahead of his high-stakes summit with China’s President Xi Jinping. It comes as The New York Times reports Iran has regained access to most of its missile …
Trump Says ‘I Don’t Think About Americans’ Financial Situations’ When Negotiating Iran War
President Donald Trump said he isn’t motivated by Americans’ financial situations “even a little bit” when negotiating a peace deal with Iran, insisting he is only concerned with preventing Iran from …