Ridge View races past A C Flora for region title thecolumbiastar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecolumbiastar.com Daily Mail and Mail on Sunday newspapers.
Generative AI was a hot topic in 2023 and will be again this year. While the tech will help the market, institutions should build talent and assess the risks before scaling up.
As Asia's banking sector navigates a peak in global interest rates and risks of slower growth, investors are wagering that banks in India and Indonesia have the strongest loan and profitability profiles to provide returns next year. Over the past 18 months Asian central banks tracked the U.S. Federal Reserve tightening monetary policy to battle inflation, but their interest rates hikes were smaller and slower, resulting in better interest income for the region's banks without loan growth suffering. Banking indexes in India, Indonesia and Thailand have all outperformed the broader MSCI Asia ex-Japan index as well as the S&P banks index since March 2022, when the Fed started raising rates.