FA wishes our readers a prosperous Year of the Snake!

The new US president issues orders for the US to leave the World Health Organisation and Paris climate agreement, with digital app TikTok emerging as one potential leverage point between the US and China over tariffs.

Even as the market cap for digital currencies rises, experts say regulators in Asia will prioritise a prudent oversight path rather than follow Washington in lockstep; HK and Singapore's rivalry is set to continue.

Six banks have been placed under central bank control, with up to $50bn of non-performing loans under scrutiny after looting scandal.

DLT’s potential to drive transaction efficiency is more widely acknowledged, while some crypto native players are looking to tap into traditional financial products; however, Apac’s regulatory framework is fragmented.

Slowing loans, M&A and ECM hit banks' fees last year. Technology, exports and bonds are bright spots, while Hong Kong is increasingly being seen as a place to raise foreign capital. PBOC's governor Pan Gongsheng wants a proactive policy approach.

The proposed $14.9bn deal was partly blocked for national security reasons.

Every year, FinanceAsia publishes a highly recognised benchmark of Asia's best companies, made by asking influential investors and analysts to nominate Asian companies that are leading in their sector. We invite our readers to participate by nominating any Asia-based publicly-listed company that is leading in its sector.

FA will have a limited news service over the Christmas and New Year weeks.

Asset managers share the view that despite a strong base for the US economy, Trump’s actual tariff and immigration policies after he assumes office will be key.