China’s major state-owned banks bought dollars in the onshore spot market this week and held on to them in an unusually strong effort to rein in yuan strength, according to people with knowledge of …
Can golden toilets fix China’s economy?
Why are China’s leaders freelancing as retail consultants? It is not out of any great love for shopping. They are firm believers in China’s manufacturing base as the core driver of economic growth.
BofA, UBS, Goldman Halt Festivities After Deadly Hong Kong Blaze
Bank of America Corp., UBS Group AG and Goldman Sachs Group Inc. are among global finance firms canceling festive celebrations in Hong Kong this month as a mark of respect for those killed in the city …
Taiwan eyes second half of 2026 to roll out first locally issued stablecoin
Taiwan could reportedly roll out its first locally issued stablecoin as early as the second half of 2026. However, regulators have not yet decided whether the token will peg to the New Taiwan dollar …
Taiwan eyes second half of 2026 to roll out first locally issued stablecoin
Taiwan could reportedly roll out its first locally issued stablecoin as early as the second half of 2026. However, regulators have not yet decided whether the token will peg to the New Taiwan dollar …
Taiwan Targets Late-2026 Launch for First Domestic Stablecoin
Taiwan could roll out its first domestically issued stablecoin by the second half of 2026 as lawmakers move forward with legislation to regulate digital assets, though key design choices, including …
Is the Economic Crisis in Laos Coming to an End?
The kip has stabilized and inflation is dropping, but the issue of the government’s heavy external debt remains unresolved.
UAE rolls out new VAT rules starting 2026, promising faster, easier processes
The UAE is giving its VAT system a 2026 refresh, and yes, it’s all about making things smoother, clearer, and more efficient for everyone dealing with taxes. The Ministry of Finance has officially …
Sri Lanka to receive sixth tranche of Extended Fund Facility within two weeks: IMF
The International Monetary Fund announced that Sri Lanka is expected to receive swift access to approximately USD 350 million, the sixth tranche of the Extended Fund Facility, within two weeks. ..
Saudi finance minister says budget deficit is strategic and will not curb government spending
Mohammed Aljadaan, Saudi Arabia’s Minister of Finance, said the Kingdom will continue with “expansionary” spending, and it will continue to borrow as long as it can generate a return higher than the …