8 hours ago
Macau to host exclusive family office summit in May
BEYOND Expo will host the BEYOND Wealth Summit 2025 on May 23-24 in Macau, in partnership with the Asian Family Legacy Foundation (AFLF)...
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NEWS LAST WEEK
8 hours ago
South Korea to ease M&A rules for savings bank
South Korea’s financial regulator announced measures to boost savings banks, including easing M&A rules and revising loan classification...
8 hours ago
Prudential to sell Taiwan unit to E.Sun
E.Sun Financial Holding Co will acquire a 91.2% stake in PGIM Securities Investment Trust Enterprise, Prudential Financial Inc’s Taiwan...
9 hours ago
Former CIMB banker accused of defrauding investors in bond scam
Malaysia’s Securities Commission (SC) has charged Lau Min Thung, a former head of dealing at CIMB Investment Bank, with securities fraud...
1 day ago
Cheng family eyes luxury expansion with Louis Vuitton megastore
Billionaire Cheng family’s New World Development is in talks with Louis Vuitton to open a 40,000-square-foot megastore at its K11 Musea...
1 day ago
Chinese tycoon’s family office sues over USD55m fraud
A Singapore court has ordered a global freeze on assets linked to four former employees accused of misappropriating SGD74m (USD55.5m)...
1 day ago
Thailand urged to give local firms same perks as foreign investors
The Thai Chamber of Commerce (TCC) has urged the government to grant local businesses the same tax incentives as foreign investors to...
1 day ago
New faces lead Singapore’s insurance sector
Singapore’s insurance sector is seeing a wave of leadership changes, with new CEOs coming from both insurance and banking backgrounds,...
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PEOPLE MOVES
2 days ago
Hong Kong to host third wealth summit
Hong Kong will host its third wealth summit on March 26, focusing on artificial intelligence, cultural innovation, and wealth management,...
2 days ago
Foreign investors snap up Chinese debt as yields rise
Foreign investors are increasing purchases of Chinese interbank debt as rising mainland yields and favourable currency conversion rates...
2 days ago
Private equity firms bet big on South Korea
Apollo Global Management and Intermediate Capital Group (ICG) have opened offices in Seoul, joining global private equity firms expanding...
2 days ago
Vietnam’s financial hub strategy should be adaptive, says UK expert
Vietnam does not need to choose between developing a specialised or comprehensive financial centre but can adopt a flexible approach,...
4 days ago
Nomura expands wealth team in Singapore, Dubai
Nomura Holdings is expanding its wealth management team in Singapore and Dubai after the unit turned profitable 18 months ahead of...
4 days ago
Hong Kong issues new guidance on IUL insurance
Hong Kong’s Insurance Authority (IA) and Monetary Authority (HKMA) have issued clarification regarding indexed universal life (IUL)...
4 days ago
Manulife names Steve Finch as new Asia CEO
Manulife has appointed Steve Finch as Asia president and CEO, effective May 9, succeeding Phil Witherington, who will become the...
4 days ago
OECD slashes South Korea’s 2024 growth forecast to 1.5%
The OECD cut South Korea’s 2024 growth forecast to 1.5% from 2.1%, citing rising trade barriers and geopolitical risks, according to its...
5 days ago
Hong Kong launches GreenTech Hub to boost green finance
Hong Kong Science and Technology Parks Corporation (HKSTP) has launched the GreenTech Hub at InnoCentre, Kowloon Tong, to position Hong...
5 days ago
World Bank raises Vietnam’s growth forecast to 6.8% for 2025
The World Bank has raised Vietnam’s real GDP growth forecast for 2025 to 6.8%, up 0.2 percentage points from its January estimate but...
5 days ago
Thailand gains from trade war as foreign investment rises
Thailand is seeing increased foreign investment amid global trade tensions, helping to drive economic growth toward its 3-3.5% target,...
5 days ago
China unveils policies to strengthen foreign investment, trade growth
China’s latest policies, including those outlined during the Two Sessions, mark a new phase of high-standard opening-up through “mutual...
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