Harini V is an intern for CNBC.com out of the Asia Pacific headquarters in Singapore.
Harini V is an intern for CNBC.com out of the Asia Pacific headquarters in Singapore.
The Reserve Bank of India board met on Monday and agreed to form a committee that will re-evaluate how much reserve surplus it would transfer to the government.
The U.S. president's absence at the ASEAN meeting may signal to regional allies that Washington is not "as committed to Asia" as they would like, said Alex Capri, visiting senior fellow at the National University of Singapore.
As impressive as India's growth has been, it has not seen that prosperity evenly distributed. And there are other big problems to tackle besides inequality.
Even though interest rates in New Zealand are at a record low, the Deputy Governor of the Reserve Bank of New Zealand Geoff Bascand says it could still cut rates if growth outlook and business confidence worsen.
While short-term disruption can be expected in Asia due to the trade war between the U.S. and China, other regional players could stand to benefit in the long run, Nick Marro analyst at The Economist Intelligence Unit told CNBC.
As Democrats are set to take control of the house, an economist predicts a divided U.S. government could escalate Sino-American trade tensions further.
Chinese mobile lending platforms WeLab plans to diversify its services to grow with its customers "throughout their life cycle," the company's CEO Simon Loong told CNBC at the Hong Kong Fintech week.
As U.S. president Donald Trump continues to put economic pressure on China, Beijing will be less motivated to be strict in its enforcement of sanctions against North Korea, Eurasia Group's Scott Seaman said.
Despite reports suggesting the Saudi Arabian government was involved in the disappearance of U.S.-based journalist Jamal Khashoggi, Washington is likely to prioritize maintaining its relations with Riyadh, according to one expert.
Engaging in more sustainable solutions and practices for companies are not only a responsibility but a necessity for businesses to continue to operate in the future said a head of a United Nations program.
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