Jean-Michel Paul For those feeling sympathy for the European Central Bank, which has pretty much been on its own in trying to stimulate demand in the absence of government fiscal policy and investment, a ray of hope emerged. In Korea. South Korea is not doing badly, mind you. The country is a member of the Organization for Economic Cooperation …

  An apparent environmental disaster off Vietnam’s central coastal region, estimated by some as one of the country’s worst ever toxic spills, represents newly appointed Prime Minister Nguyen Xuan Phuc’s first big political test. How Phuc strikes a balance between foreign investor interests and local community rights in handling the case will set an early precedent for his government’s policy …

  Bloomberg Singapore’s biggest banks are in talks about setting up a system for sharing information on prospective clients, in an effort to combat money laundering in the city-state. DBS Group Holdings Ltd., Oversea-Chinese Bank Corp. and United Overseas Bank Ltd. are exploring the possibility of a countrywide model for anti-money laundering and enhanced client knowledge, according to Loretta Yuen, …