Asia
Taiwan's household spending rose 1.8% in 2017
Taiwan's household spending rose 1.8% in 2017
E-commerce orders ballooned 46.1% due to higher smartphone use.
China axed tariffs and incentives to boost energy capacity
It's looking to add 80 gigawatts in four years to wind capacity alone.
Asian investment banking fees plunge to four year low after hitting $4.62b in May
However, robust deal-making activity may buoy the sector from its slump.
Japan to launch new resident status for low-skilled foreign workers
Foreigners could help counter labour shortage in construction and agriculture.
China could invest in countries outside Malaysia after rail project fallout
Property markets in Indonesia, Vietnam, and the Philippines are standouts to have investment potential.
Asia's M&A deals jumped 27.2% to US$451.8b
China's outbound deals jumped 124.9% and boosted regional growth.
Airline profits to fall 11% amidst rising fuel and labor costs
Crude and jet fuel prices are expected to climb 27.5% and 25.8%, respectively.
Indian banks hammered by rising credit costs amidst portfolio cleanup
Credit costs rose from 2.5% to 4.3% of loans on average at state banks.
Chinese banks thrive on mobile payments as millennials drive cashless push
Lenders handled a whopping $11.1t in mobile payments in the first quarter alone.
Asia's private banking scene heats up as European players enter fray
European private banks are heavily investing in Asian footholds.
Half of travel managers in APAC expect more business travelers in 2018
Some are worried over the negative effects of geopolitical events on the economy.
Strong SME lending buoys Taiwanese banks' growth prospects
Loans to the SME segment accounted for almost a third of total system loans.
Japanese regional banks form fintech joint venture in bid for survival
Seven lenders will take a stake of little over 14% in the JV.
China's banks are sidestepping the shadow banking crackdown
Issuance of structured deposits surged almost 47% to $1.4t in the year through March.
India's massive bailout fails to buoy banks out of earnings rut
Little will be left for lending from the government’s $32b capital injection.
Declining mining investments in Asia will push coal prices up
The value of coal mining in China fell 50%, dampening the appetite for investment.
Beijing's risk-curbing measures could dent household loan growth
Household loan stock has already fallen from 24.7% to 20% in March.
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