Indonesia finance minister ousted after clash with Prabowo’s ex-army colleague, sources say

Indonesian President Prabowo Subianto sacked Finance Minister Purbaya Yudhi Sadewa after he clashed with a top…

Bank Indonesia to intervene in forex, bond markets to stabilise rupiah, official says

Bank Indonesia said on Monday it will intervene in the foreign exchange market to ensure it…

Banks risk losing SME business as open finance takes hold

Malaysian banks risk losing a significant share of their small and medium enterprise (SME) business to…

Mynt opens P53-B IPO

Mynt Inc., the parent company of the group behind GCash, opened its approximately P53-billion initial public…

PH bond market growth slows despite lower yields

The Philippine bond market grew more slowly in the second quarter, even as local yields declined…

Morgan Stanley Asia deals leaked in missent email attachment

A senior Morgan Stanley banker covering financial sponsors in Asia leaked the deals by accident via…

Jollibee shouldn’t rush its global IPO

The fast-food powerhouse from the Philippines has effectively become two businesses, says Juliana Liu for Bloomberg…

10-year Treasury yield hit a 19-year high—and some investors see opportunity to buy bonds

Often it doesn’t feel like good news when a U.S. economic indicator matches a level last…

Rupiah set for biggest weekly fall since May as higher US yields, stronger dollar bite

Indonesia’s rupiah was set for its biggest weekly fall since late May on Friday, pressured by…

Thai billionaire Charoen’s Asset World targets US$1 bil REIT IPO

Asset World Corp Pcl’s new Thai Real Estate Investment Trust (REIT) aims to raise at least…