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The Malaysian bank has a new CEO in Cambodia who plans to make the most of the lender’s regional scale and savvy to spot opportunities in an overbanked market.
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What does a new government hold for the Philippine economy and its banks? There are plenty of concerns – mingled with some optimism that the president may help steady the ship.
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Banks and bond investors are waking up to the difficulty of recovering their money from Indonesian companies that have been hit by the pandemic. Here’s what creditors need to know.
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It has been a tough decade for AmBank Group as it navigated the aftermath of Malaysia’s 1MBD scandal. But following AmBank’s record legal settlement over its role in this corporate nightmare, the bank is emerging as a new takeover target.
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Imran Khan’s government was toppled in April, but it didn’t take long for its replacement to make a new deal with the IMF, just as many have done before. How can Pakistan break its IMF addiction?
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The combination of China’s crackdown on technology companies, its zero-Covid strategy and its domestic property crisis have buffeted Chinese stocks this year. In order for sentiment to stabilize and for the economy to develop, reforms are needed urgently, putting more emphasis on the private sector and less on GDP growth.
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Faced with a political and economic crisis, Sri Lanka’s top bank chief executives took matters into their own hands to prevent a collapse of the country’s financial system.
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Within two years, virtual bank WeLab has quickly found its place in Hong Kong. But its chief executive says this is just the beginning of an ambitious plan to expand its foothold in Asia.
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The outlook for the Chinese real estate sector is bleak, with many more highly indebted companies expected to default on their bonds and loans. If the market is to recover, however, the government will need to ease more restrictions so that firms can access funding again and demand for homes picks up.