Asia-Pacific or Asia Pacific (abbreviated as Asia-Pac, AsPac, APAC, APJ, JAPA or JAPAC) is the part of the world in or near the Western Pacific Ocean. The region varies in size depending on which context, but it typically includes much of East Asia, South Asia, Southeast Asia, and Oceania.
Alternatively, the term sometimes comprises all of Asia and Australasia as well as small/medium/large Pacific island nations (Asia Pacific and Australasian Continent) - for example when dividing the world into large regions for commercial purposes (e.g. into Americas, EMEA and Asia Pacific).
On the whole there appears to be no clear cut definition of "Asia Pacific" and the regions included change as per the context.
Though imprecise, the term has become popular since the late 1980s in commerce, finance and politics. In fact, despite the heterogeneity of the regions' economies, most individual nations within the zone are emerging markets experiencing rapid growth. (Compare the concept/acronym APEJ or APeJ - Asia-Pacific excluding Japan.)
The Malay ArchipelagoMalay:Kepulauan Melayu, Indonesian:Kepulauan Melayu or Nusantara, Tagalog:Kapuluan ng Malay ) is the archipelago between mainland Southeast Asia and Australia. It has also been called the Malay World, Indo-Australian Archipelago, East Indies, Nusantara, Spices Archipelago, and other names over time. The name was taken from the 19th-century European concept of a Malay race.
Asia Pacific is the Australian Broadcasting Corporation's regional news & current affairs program. Schedule changes by ABC Radio Australia in 2013 saw the show lose its domestic radio audience. It remains available online at www.radioaustralia.net.au/asiapac
The show is broadcast each weekday from the ABC Southbank Centre in Melbourne.
Private banks are banks owned by either an individual or a general partner(s) with limited partner(s). Private banks are not incorporated. In any such case, the creditors can look to both the "entirety of the bank's assets" as well as the entirety of the sole-proprietor's/general-partners' assets.
There were many private banks in Europe, but most have now become incorporated companies, so the term is rarely true any more. Today, the term "private bank" can also refer to the financial institution specializing in financial advice and services for high-net-worth individuals (private banking).
"Private banks" can also refer to non-government owned banks in general, in contrast to government-owned (or nationalized) banks, which were prevalent in communist, socialist and some social democratic states in the 20th century.