China and Hong Kong launch scheme for interest rate swaps
The interest rate swap scheme will allow foreign investors to hedge market risks attached to the $553 bn in onshore yuan bonds held by them....
Asia’s race for the next gen semiconductors
South Korea's Samsung has become the first company to start mass manufacturing of 3-nm chips, ahead of Taiwan's TSMC....
Indian rupee depreciates to record low
India's twin deficits and rising interest rate differentials are accelerating rupee depreciation against the US dollar....
Southeast Asia benefits from ‘China Plus One’
Vietnam, India, Indonesia, Malaysia and other Asian countries are benefitting from the 'China Plus One' strategy of manufacturers. ...
China’s yuan liquidity reserve pool to rival US dollar
Beijing is working with BIS, Indonesia, Malaysia, Hong Kong, Singapore and Chile for the yuan liquidity reserve pool....
Record Asia coal prices may cause blackouts
The reduced supply of Russian coal and gas has increased demand for coal from other sources, pushing Asia coal prices to a record high. ...
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