Amid multiple attacks from Iran, and continued Israeli and US strikes, there is great uncertainty in the region. Gas and oil prices are rising as QatarEnergy has stopped liquid natural gas production while the Strait of Hormuz is increasingly dangerous.
China, in particular, saw a large number of firms going under. The insurer is expecting a prolonged high level of insolvencies in 2026 and 2027, including in Apac.
China's central bank and FX regulator have replaced fragmented pilots with a nationwide, quota-based framework for MNCs. Integration into global cash management structures should become easier for treasurers.
As Donald Trump advocates for the removal of quarterly reports, one Asian treasurer agrees, but wants monthly reporting available to senior managers. Asian countries have differing requirements, while treasurers are looking to produce more continuous reporting.
Vladimir Putin's visit to India this month could make trade talks with Washington harder; meanwhile a large number of M&A and IPO deals are taking place, and Q3 GDP was above 8%.
Over 150 people have been killed after a fire broke out at seven under renovation apartment blocks in Tai Po; China Taiping Insurance (Hong Kong) is a lead insurer of the construction site; many firms have offered donations to support those affected.