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Cybersecurity failures leave Hong Kong's financial system vulnerable

Hong Kong’s financial institutions are facing mounting challenges as investigations expose significant gaps in Anti-Money Laundering...

IMF projects 6.1% growth for Vietnam in 2025

6 days ago

IMF projects 6.1% growth for Vietnam in 2025

The International Monetary Fund's (IMF) updated World Economic Outlook 2025 projects Vietnam's economy to grow by 6.1% next year,...

Taiwan FSC eyes rule revisions after banks, insurers complain

6 days ago

Taiwan FSC eyes rule revisions after banks, insurers complain

Taiwan’s Financial Supervisory Commission (FSC) is reviewing its regulations following criticism from local banks and insurers over...

South Korea to maintain investor ties ahead of WGBI debut

Oct 24

South Korea to maintain investor ties ahead of WGBI debut

South Korea will maintain close communication with global investors to ensure a smooth inclusion in the World Government Bond Index...

Hong Kong targets unlicensed auditors in new crackdown

Oct 24

Hong Kong targets unlicensed auditors in new crackdown

Hong Kong will introduce two new measures by March aimed at curbing unlicensed auditors and agents, Secretary for Financial Services and...

China conducts first SFISF operation worth CNY50bn

Oct 24

China conducts first SFISF operation worth CNY50bn

The People's Bank of China (PBOC) has executed the first operation of the Securities, Funds and Insurance Companies Swap Facility...

Malaysia joins BRICS as alliance grows to 13 new partners

Oct 24

Malaysia joins BRICS as alliance grows to 13 new partners

Malaysia has been recognized as one of 13 nations added as partner countries to the BRICS bloc, which now accounts for one-fifth of...

Moody's warns rising household debt threatens ASEAN banks' asset quality

Oct 23

Moody's warns rising household debt threatens ASEAN banks' asset quality

Southeast Asian banks, including those in the Philippines, face asset quality risks due to increasing household debt and elevated...

HSBC names Pam Kaur as first female finance chief

Oct 23

PEOPLE MOVES

HSBC names Pam Kaur as first female finance chief

HSBC Holdings has appointed insider Pam Kaur as its first female finance chief, replacing Georges Elhedery who became CEO earlier this...

Southeast Asia needs USD190bn annually to meet climate goals by 2035

Oct 23

Southeast Asia needs USD190bn annually to meet climate goals by 2035

Southeast Asia must increase clean energy investments to USD190bn annually by 2035—about five times the current level—to meet climate...

Oct 23

FAMILY OFFICES

Wealthy European families turn to Hong Kong for family offices

Wealthy European families are increasingly turning to Hong Kong to establish family offices and invest, aiming to diversify their...

Temasek, Saudi's PIF lead Moody's intrinsic credit quality rankings

Oct 22

Temasek, Saudi's PIF lead Moody's intrinsic credit quality rankings

Singapore's Temasek Holdings and Saudi Arabia's Public Investment Fund (PIF) have the strongest intrinsic credit quality among 11...

Iran's Bank Mellat considers exiting South Korea amid US pressure

Oct 22

Iran's Bank Mellat considers exiting South Korea amid US pressure

Iranian lender Bank Mellat is contemplating withdrawing from South Korea due to mounting fears of U.S. secondary sanctions, an official...

Oct 22

FAMILY OFFICES

HK family offices integrate philanthropy into core strategies

Family offices in Hong Kong are increasingly integrating philanthropy into their core strategies, viewing it as more than just charitable...

10% of Exchange Fund invested in sustainable assets, says HKMA

Oct 22

ASSET MANAGEMENT

10% of Exchange Fund invested in sustainable assets, says HKMA

The Hong Kong Monetary Authority (HKMA) announced that 10% of the Exchange Fund's investments are in sustainable assets and expects the...

Thailand seeks Hong Kong partnership to develop financial hub

Oct 21

Thailand seeks Hong Kong partnership to develop financial hub

Thailand is pursuing a partnership with Hong Kong to collaborate on developing a financial hub serving as a gateway to ASEAN markets,...

Ping An Insurance posts 36.1% rise in nine-month net profit

Oct 21