Start-ups in China raised US$6 billion in venture capital across 458 deals in January-February 2023, down 52.2% in value and 29.1% in volume from the same period last year, figures from data and analytics provider GlobalData reveal.

US$120 million investment targets digital, energy transition infrastructure opportunities

Following the latest banking crisis, monetary authorities should seriously consider how modern digital technologies could be used to avert such problems in the future. A central bank digital currency would both eliminate many barriers to financial transactions and end the risk of bank runs once and for all

Micro Connect has launched in Macau a global exchange for daily revenue obligations (DROs), a new asset class that connects institutional capital around the world with China’s micro and small businesses.

When a bank fails in the United States, questions about who is to blame are often directed at many different regulatory agencies, because the system is complex and hard for outsiders to understand. In the wake of the collapse of Silicon Valley Bank, the case for an overhaul could not be stronger

The Bangko Sentral ng Pilipinas (BSP), the Philippines’ central bank, has set a July 1 deadline for the full adoption of the country’s unified QR code standard for secure payments.

Over the course of several months, the board of editors at The Asset has taken note of these trends in Asia and has been carefully examining and understanding the various digital finance activities taking place in the region. As in previous years we are pleased to highlight this year’s The Asset Triple A Digital Awards winners who have excelled against a highly competitive and challenging market backdrop.

If the US Federal Reserve raises its policy interest rate by as much as is necessary to rein in inflation, it will most likely further depress the market value of the long-duration securities parked on many banks' balance sheets. So be it

Standard Chartered has launched working capital and lending capability on its Straight2Bank (S2B) online platform for businesses to manage their transaction banking needs.

The International Finance Corporation (IFC) is providing Saigon-Hanoi Commercial Joint Stock Bank (SHB) of Vietnam with an initial US$40 million loan to help expand access to finance by small and medium enterprises (SMEs), especially those owned by women. In a deal announced on March 21, the US$40 million facility is the first phase of an overall planned US$120 million financing package to help SHB provide more support for local enterprises and boost their participation in the global supply chain.

Singapore-based OCBC Bank on Tuesday (March 21) officially opened a branch in Wuhan, the capital of Hubei Province in Central China, under its wholly-owned China banking subsidiary OCBC Wing Hang Bank (China) Limited.

Although Silicon Valley Bank was not deemed to be systemically important, its insolvency forced the US Federal Reserve to head off systemic contagion and exposed the inadequacy of the FDIC’s partial deposit insurance regime. The financial stability framework adopted after the 2008 crisis obviously needs another overhaul