Insights
Asia’s shift beyond the dollar
From local currency trade and gold accumulation to CBDCs and cross-border payment corridors, de-dollarisation in Asia is unfolding steadily and strategically. The region is taking steps toward a gradual shift to a multipolar currency landscape to secure greater financial sovereignty, relying less on the US dollar.
US Sovereign wealth fund: a game changer?
Donald Trump signed an executive order on February 3 to create a US sovereign wealth fund. Despite many issues that have to be addressed, the fund could fundamentally reshape global investment flows, economic partnerships and geopolitical dynamics, ushering in new complexities beyond the ongoing tariff wars.
Time for an Asian Monetary Fund?
The idea of creating an Asian Monetary Fund is resurrected as nations reconsider the downsides of over-reliance on the US dollar.
The race for SWIFT alternatives
The recent cutoff of sanctioned Russian banks from SWIFT has sparked a race for alternative cross-border payment channels.