China’s Zou Jiayi, a former finance official, elected AIIB president
Former vice-minister of finance Zou Jiayi has been elected president of the Asian Infrastructure Investment Bank (AIIB), leading the lender and its US$100 billion...
AI poses ‘existential risk’ if out of control, Chinese computer scientist warns
Published: 8:00pm, 24 Jun 2025Updated: 8:00pm, 24 Jun 2025 Failing to address the risks posed by deceptive, out-of-control artificial intelligence (AI) could leave humans...
5 Harvard postgraduates opt for Hong Kong’s HKUST after US sanctions
Published: 7:46pm, 24 Jun 2025Updated: 1:19am, 25 Jun 2025 Five Harvard postgraduates have accepted offers from Hong Kong University of Science and Technology (HKUST)...
Bangladesh government u-turns on amnesty for whitening black money
June 24, 2025 Professor Muhammad Yunus, chief adviser of Bangladesh’s interim government, visited London, during the second week of June, to discuss the recovery...
Hundreds of E-bikes Burned Overnight, Flames 10 Meters High! 20,000 Fires Yearly in China,Like Bombs
According to data from the Chinese Ministry of Emergency Management, there were 7 major fires caused by electric bikes nationwide in 2019, and 11...
Are stablecoins the future? Don’t bank on it, warns the bank for central banks
With some major economies leaping onto the stablecoin train – or being urged to do so, to further globalise their currencies – others are...
Interview: AIIB's CFO on deploying capital, backing projects and bond issuances
June 24, 2025 FinanceAsia recently caught up with Andrew Cross, chief financial officer (CFO) of the Asian Infrastructure Investment Bank (AIIB), which is headquartered...
Hong Kong man faints after smoking shisha, triggering investigation
Hong Kong health authorities are investigating a carbon monoxide poisoning incident involving a 31-year-old man, who lost consciousness and sustained a head injury after...
New rules may drive more low-income debtors in Hong Kong to unlicensed lenders
Published: 6:56pm, 24 Jun 2025Updated: 7:16pm, 24 Jun 2025 Taking loans from unregulated money lenders in Hong Kong could become a bigger problem among...