Asia

What layoff benefits are Asian tech workers getting?

TECH in Asia has been tracking layoffs in Asia’s tech industry, and the numbers are staggering: Over 100,000 pink slips have been issued since the start of the funding winter.

Central banks in Asia remain vigilant against inflation and currency pressure, with authorities in Taiwan and Indonesia delivering surprise rate hikes in the past two months

Asia’s aversion to rate cuts steers EM bond investors away

EMERGING Asian bonds may have less room to rally compared to their global peers as central banks in the region are unlikely to embark on aggressive interest-rate cuts.

TPG’s fundraising comes as investment firms confront geopolitical uncertainties, higher interest rates, market volatility and macroeconomic headwinds.

TPG raises US$8 billion for Asia-focused private equity, real estate funds

TPG raised around US$8 billion for its Asia-focused private equity and real estate funds, the global alternative asset manager said on Thursday (May 9).

The yen fell to its lowest since 1992 against the yuan in late April.

Yen’s fragility raises spectre of a new currency war in Asia

AS THE yen plumbs new lows, some investors are pondering an almost unthinkable scenario in a region busy bolstering falling exchange rates – a series of competitive devaluations that starts a new Asia...

Indian shadow banks have been particularly eager to secure offshore financing to lend in one of the world’s fastest-growing major economies.

Asian junk bond sales are hottest in five years on India boom

ASIA’S high-yield US dollar bond sales this year have grown annually for the first time in five years, fuelled by Indian financial companies’ rush to access offshore investors.

Houses submerged in floodwaters following heavy rainfall, at a village in Qingyuan, Guangdong province, China April 22, 2024. Last year, 79 disasters associated with water-related weather hazards were reported in Asia.

Asia hit hardest by climate, weather disasters in 2023: United Nations

ASIA was the world’s most disaster-hit region from climate and weather hazards in 2023, the United Nations (UN) said on Tuesday (Apr 23), with floods and storms the chief cause of casualties and econo...

Governments and policymakers must prioritise preparedness and resilience-building at national and regional levels to address food security issues and mitigate future impacts.

‘Food chokepoint’ disruptions and implications for Asia

IN RECENT years, global food security has suffered from overlapping crises caused by conflicts, geopolitical tensions, climate change, and the Covid-19 pandemic, resulting in severe food supply disrup...