finance

Commentary / World Dec 5, 2020

All the happiness money can buy in the winter of COVID-19

by Sarah Green Carmichael

While rates of depression and anxiety are up in some countries, many households now have more cash on hand than usual.

Commentary / World Oct 28, 2020

To retire rich, don’t leave too much to your kids

by Andy Mukherjee

Don’t be surprised if those retiring in 2035 need an extra five years or more of future income because of longevity alone.

Asia Pacific / Politics | FOCUS Dec 29, 2019

China's Xi turns to financial experts to tame economic risks

As China struggles to deal with the slowdown of the world's second-largest economy, it has embarked on a new strategy of placing financial experts in provinces to manage risks and rebuild regional economies. Since 2018, President Xi Jinping has put 12 former executives at state-run ...

Business Jun 7, 2019

G20 to seek stricter taxation rules for digital giants at Fukuoka meeting, draft statement shows

Finance ministers and central bank governors are also set to warn that the world economy continues to face risks from trade conflicts between leading economies.

Commentary / World Dec 17, 2018

A climate-friendly global financial system

by Ma Jun and Caio Koch-Weser

Governments worldwide must do what it takes to ensure that both public and private financial flows support the climate agenda.

Business Jun 10, 2018

Swiss 'real money' initiative fails after lack of support from cantons

A radical plan to upend Switzerland's financial landscape by barring commercial banks from creating money has been defeated after failing to win a majority of support from the Swiss cantons, Swiss broadcaster SRF said Sunday. The measure needed to secure a majority of Switzerland's 26 ...

Commentary / Japan May 15, 2018

Deepening financial integration in Asia

by Sayuri Shirai

Capital-rich Japan has been relatively inactive in promoting capital market financial integration.

Business / Financial Markets Feb 16, 2018

Hackers stole $6 million from Russian bank via SWIFT system, central bank says

Unknown hackers stole 339.5 million roubles ($6 million) from a Russian bank last year in an attack using the SWIFT international payments messaging system, the Russian central bank said on Friday. The disclosure, buried at the bottom of a central bank report on digital thefts ...

Editorials Dec 12, 2017

Two decades after Japan's financial crisis

Japan's financial crisis may seem like ancient history, but banks are now facing considerable challenges.

Business / Economy Oct 14, 2017

G20 finance chiefs, upbeat on world economy, affirm coordination over risks

by Ko Hirano

Finance chiefs from the Group of 20 major economies agree to step up coordination in coping with risk factors to the world economy amid signs that 2017 will be the best year for global growth in a decade.