Singapore’s United Overseas Bank (UOB) is exploring membership in the Vietnam International Financial Centre (VIFC), a project meant to connect domestic, global and regional capital flows.
Vietnam Eyes Crypto-Backed Loans for SMEs in Major Policy Shift
Vietnam proposes allowing SMEs to use digital assets, virtual assets, and IP as loan collateral under draft law.
Banks curb China trips, delay events after cross-border scrutiny
Banks are reassessing their approach on the mainland after Beijing launched its most aggressive campaign yet against unauthorised cross-border trading to stem capital flight.
Indonesia volcano eruption forces airport closure and flight disruptions
Indonesia’s Mount Lewotobi Laki-Laki erupted multiple times on Friday, sending ash up to 2.5km into the sky and forcing the closure of a nearby airport, with flights disrupted and warnings issued for ...
Putin pledges non-interference in ‘delicate’ India-China ties; rejects notion that Pakistan is under Beijing’s control
Russian President backs PM Modi, Chinese President Xi to resolve border issues amicably ...
US journalist pleads guilty to working as China’s agent
A US journalist who had been living and working in China for over a decade has pleaded guilty in a US court to working as an illegal agent for the People's Republic of China (PRC). Thomas Weir Pauken ...
China to check eyeglasses of students taking ‘gaokao’ to stop cheating
China to check eyeglasses of students taking nation’s toughest exam to prevent cheating - Officials in several provinces have announced that candidates wearing glasses will face additional screening a ...
Indonesia’s central bank to prepare regulations reflecting wider mandate
Indonesia's central bank will prepare technical regulations that reflect its wider mandate to support economic growth following the passage of a sweeping new financial system law, its spokesperson ...
Indonesia volcano erupts, forcing airport to close
JAKARTA: A highly active volcano in eastern Indonesia erupted several times on Friday (June 5), spewing towering ash columns into the sky and forcing a local airport to close, authorities said.
Trump confident of India trade deal despite new tariff threat
President Donald Trump has expressed confidence that India and the US will soon reach a trade deal, even as fresh tariff proposals from his administration threaten to complicate negotiations.