The world’s second-biggest economy will grow faster than previously predicted over the next four years, but the rate is unsustainable unless China addresses the problem says the International Monetary Fund.
The world’s third-largest economy expanded by 1.0% in the second quarter of 2017 over Q1, giving an annual rise of 4.0% in gross domestic product for the year to June.
The South Korean former container shipping giant has raised only a fraction of the amount needed since its bankruptcy nearly a year ago.
Politicians have united in urging the Reserve Bank of Australia to lend its backing to the digital currency by officially recognising it.
In order to survive, banks must get ready for an open application programming interface-led economy and develop superior value propositions for their customers.
While the pickup in global economic growth remains on track, companies in Asia continue to report difficulties in getting paid on time.
A shortage of trained staff and a forecast declining labour market mean that radical reform will be needed to retain investors’ interest in the country, a report suggests.
The geopolitical shocks of 2016 saw businesses understandably concerned about how the new reality of resurgent economic nationalism might affect cross-border trade and capital flows. Yet as this article explains, there’s no need for overreaction.
Banks which start to prepare now for the region to join the move to immediate payments can secure a major competitive advantage.
The just-concluded talks on reviving the Trans-Pacific Partnership have repercussions for international trade, particularly in the absence of the US as a TPP member.