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ASIFMA says India must overhaul bond markets. India needs to revamp bond markets to maintain interest from foreign investors and make sure local firms have access to funding, ASIFMA says. (FT)

Singapore Announces Direct Currency Trading Plan With China Singapore and China will introduce direct trading between their currencies, helping the city-state cement its status as Southeast [...]

Hong Kong Exchange Takes Action Against Potential U.S. Default Hong Kong's stock exchange is asking investors who post some U.S. Treasury bills as collateral to pony up more of the securities, [...]

ASIFMA CEO discusses regulation in Asia. Asian markets largely were under regulated before the global financial crisis, ASIFMA CEO Mark Austen says, but the pendulum has swung toward excessive [...]