China’s new five-year plan for 2026–2030 marks a decisive policy shift, placing domestic consumption and reform at the core of its growth strategy.

Starbucks is selling a majority stake in its China business to Boyu Capital in a deal valuing the market at around $4 billion

India’s largest digital brokerage Groww has opened subscriptions for its $754 million IPO, marking one of the biggest listings of 2025. The Bengaluru-based firm secured strong anchor demand from top sovereign and institutional investors including GIC, ADIA and Norway’s wealth fund.

Debt issuance was capped at $15 billion the previous year.

Emerging markets are fuelling the rise of stablecoins. New regulations mean that more institutions are tapping greater distribution that could reshape global finance, including in Apac.

The funds will be mobilised to support initiatives such as the Asean Power Grid, in collaboration with four Malaysian banks.

Investments and efforts to support female progression are needed across the financial sector, according to a report from the Women Chief Executive Network and KPMG.

Blackstone has bought 9.9% of India’s Federal Bank and a stake in India’s Ace Insurance Brokers.

Beijing is encouraging A-share listed firms to list in Hong Kong, while Trump’s policies are turning some US-listed Chinese companies to also go public on HKEX. The IPO momentum is continuing with four firms listing on October 28 in the SAR.

Gyungmin Kim is replacing Jeyhyung Rhee who is leaving the bank, while Minjib Kim will support him as a director.