Despite strong global economic headwinds, not least from the COVID-19 pandemic, China managed to achieve 8.1 percent gross domestic product (GDP) growth last year, its highest rate in a decade.

China's central bank on Friday said all financial transactions involving cryptocurrencies are illegal, sounding the death knell for the digital trade in China after a crackdown on the volatile currencies.The global values of cryptocurrencies including Bitcoin have massively fluctuated over the past year partly due to Chinese regulations, which have sought to prevent speculation and money laundering."Virtual currency-related business activities are illegal financial activities,"

While many central banks are still investigating the possibility of issuing a digital currency, China has rolled out a digital currency via a series of pilot programs since last year.

With the reimposition of the movement control order (MCO 2.0) in Malaysia which impacts the economy – though less severe compared to MCO 1.0 – we may be witnessing the beginning of a housing loans crisis in the making. This near-apocalyptic scenario may not sound palatable for banking stocks and could well be just hypothetical.

ASEAN banks are not doing enough to tackle climate change and environmental degradation. Largely unaware of the climate-related risks embedded in their portfolios, most of them do not have a strategy to manage these risks.Despite being home to some of the world’s largest deforestation hotspots such as the Greater Mekong, Sumatra and Borneo, only nine percent of regional banks in a recent study were found to have no deforestation policies – putting their reputations on the line by ass

Tougher sanctions are needed against Myanmar's wealthy and powerful military as its web of economic interests has generated a fortune that helps fund atrocities, United Nations (UN) investigators said Monday.They urged the international community to sever links with the armed forces' dizzying economic holdings – that they said dwarf those of any other civilian company in Myanmar.Cutting ties will "impair (the army's) ability to carry out military operations without oversig

Gender diversity in boardrooms has become a central component of corporate governance reforms around the world.

The millennial generation of Southeast Asia comprises of half of the region’s 644 million population. The region’s high internet penetration and growing middle class is driving the adoption of digital financial services.