Great Scott goes German

Scott Steele takes on a newly created role serving Asian and European clients, from London.

Daisuke Ejima, former country head of Indonesia for MUFG’s Jakarta branch, will become the bank’s regional executive for Asia Pacific. Meanwhile, Scott Campbell and Shivanan Sivarajah take on roles leading sector coverage and project finance for Asia, respectively.

Hong Kong’s recent rush to buy VPNs signals that businesses are losing faith in the future of the region

Australia's treasurer needs to get out of the grips of protectionists in the governing coalition and cope with problems in the banking and power sectors. Higher wages would be good, too.

Australia's treasurer appears to be making progress on the budget deficit, but seems to lack a strategy for a return to surplus amid an unexpectedly flat economy.

Scott Morrison needs a long-term plan to fix Australia's finances but may find politics get in the way with an election due this year.