Asia-Pacific

China recently called for stronger coordination with Russia in Asia-Pacific affairs. The Chinese Vice Foreign Minister, Sun Weidong, emphasized the need for joint efforts to maintain regional security, stability, and development. What Happened: Sun, during his visit to Moscow, stressed the...

In a strategic move to expand its private credit business in Asia, Goldman Sachs Group Inc (NYSE:GS) has secured a $1 billion deal with Mubadala Investment Co., a sovereign wealth fund based in Abu Dhabi. What Happened: The $1 billion deal will enable Goldman to pursue private credit deals in the...

On Wednesday, most Asia-Pacific markets experienced a downturn influenced by the U.S. inflation data. The Nikkei 225, Kospi, and S&P/ASX 200 all saw losses, while the Hang Seng index in Hong Kong buckled the trend. What Happened: The U.S. Consumer Price Index (CPI) rose 3.1% on a 12-month basis...

Gemini, a cryptocurrency exchange based in New York, has set its sights on the Asia-Pacific (APAC) region as it seeks to broaden its global presence. The exchange considers this region as a catalyst for the future expansion of the cryptocurrency market. The company conveyed its enthusiasm in a blog...

Mastercard Inc (NYSE: MA) partnered with the Australian stablecoin platform, Stables, to launch a stablecoin digital wallet integration that will allow retail customers in the Asia-Pacific (APAC) region to spend their stablecoins anywhere Mastercard is accepted. The collaboration includes...

Digital asset exchange Binance is facing delays in its auditing process, which has been prompted by increased calls for transparency following the collapse of rival FTX, according to a senior executive. The company had originally planned to carry out a full audit of its assets and liabilities but...