Asia Pacific

Former central bank policy committee member Yu Yongding told Emerging Markets in an interview that China should allow as much as a tenfold expansion of its current RMB trading band

Finance ministers agreed on Thursday to back a doubling of resources for a de facto Asian Monetary Fund, in another sign of Asia’s increasing self-reliance and clout

Asian policymakers have thrown their weight behind plans for a regional bond market in Asia

Financiers expressed optimism in Manila that cash-rich western institutional investors would turn to Asian infrastructure investment to help balance their portfolios

Asian governments must act fast to prevent another spike in food prices that could trigger fresh waves of social unrest, a leading economist has warned

China could be the next staging ground for Islamic finance deals, Malaysia’s central bank governor Zeti Akhtar Aziz has said

The ADB must embrace leveraged finance to allow the bank to have a more meaningful impact on development, a senior bank official told Emerging Markets

Renowned economist Jeffrey Sachs warned in an interview with Emerging Markets that developing Asia must bolster social spending or risk instability

The loan market – long the primary source of funding for Asian companies – is fast being eclipsed by a burgeoning bond market. But the shift is unlikely to be straightforward

In another sign that the renminbi is gaining in maturity, investors holding the currency are starting to choose carefully which deals to finance, and which to drop or avoid altogether, rather than taking whatever is going.

China continues to push ahead with moves to allow its currency to assume a role commensurate with the nation’s economic status

Asia’s regional reserve pool is poised to double in size. But some are questioning whether it is needed as the IMF steps up its game