

Six firms to raise USD429m in Hong Kong IPO rush
Hong Kong’s IPO market is showing signs of revival, with at least six companies planning to raise HKD3.3bn (USD429m) through listings by...
Jan 2


Philippines Insurance Commission sets rules for MBA valuations
The Philippines Insurance Commission (IC) plans to set valuation standards for mutual benefit associations’ (MBA) policy reserves. A...
Jan 2


OCBC sells stake in Hong Kong Life Insurance for USD76m
OCBC has agreed to sell its 33.3% stake in Hong Kong Life Insurance to Yue Xiu Enterprises for HKD589.3m (USD76m). The stake, held...
Dec 31, 2024


Hong Kong Investment Co names managers for revived investor visa fund
Hong Kong Investment Corporation has named four fund managers and a service provider for the New Capital Investment Entrant Scheme, part...
Dec 31, 2024


Private equity heavyweights battle for Japan’s Seven & i assets
KKR and Bain Capital offered more than USD5bn each in first-round bids for non-core assets of Seven & i Holdings, sources said. KKR...
Dec 30, 2024


Global investors urge Korea to pass corporate governance reform
The Asian Corporate Governance Association (ACGA) has urged Korea’s National Assembly to approve revisions to the Commercial Act,...
Dec 26, 2024


Nuveen secures USD100m investment mandate from Korea’s GEPS
Nuveen secured a USD100m commitment from South Korea’s Government Employees Pension Service (GEPS) for a US-focused private capital...
Dec 20, 2024


Hong Kong’s wealth sector grows as Chinese funds flow in
Wealth managers are expanding in Hong Kong to accommodate a surge of mainland Chinese funds seeking offshore opportunities. UBS Group and...
Dec 18, 2024


New reforms set to streamline Vietnam’s IPO listings
Vietnam’s IPO market is poised for revival as private firms prepare to list, signalling renewed investor interest after a subdued period...
Dec 18, 2024


Thai ESG funds set to boost year-end inflows
The Association of Investment Management Companies (AIMC) expects Thai ESG mutual funds to add between THB5bn (USD146m) and THB8bn in...
Dec 17, 2024


AllianzGI secures landmark stake in China pension market
Allianz Global Investors said it has received regulatory approval to acquire a 2% stake in Guomin Pension & Insurance Co, making it the...
Dec 13, 2024


Foreign investors fuel Vietnam’s non-life insurance M&A
The Vietnamese non-life insurance sector is drawing strong merger and acquisition interest as foreign and domestic investors target its...
Dec 13, 2024


Japan’s megabanks target US, India for overseas expansion
Japan’s megabanks—Mitsubishi UFJ (MUFG), Sumitomo Mitsui (SMFG), and Mizuho—are pursuing overseas investments, focusing on the US and...
Dec 12, 2024


DBS, top Japanese lenders possible bidders for Indonesia’s Panin Bank
Asian banks including DBS Group, Mitsubishi UFJ Financial Group (MUFG), and Sumitomo Mitsui Financial Group have submitted preliminary...
Dec 12, 2024


Billionaire wealth doubles to USD14tr over decade, led by tech
Billionaires’ combined wealth surged 121% over the past decade to USD14tr, according to UBS’s Billionaire Ambitions report. The number of...
Dec 11, 2024


Temasek launches private credit platform with USD7.5bn portfolio
Singapore state investor Temasek Holdings has established a private credit platform with an initial portfolio of SGD10bn (USD7.5bn),...
Dec 10, 2024


Robinhood targets APAC growth via Singapore
Robinhood Markets Inc plans to expand into Asia next year, using Singapore as its regional base, Chief Executive Vlad Tenev said at an...
Dec 9, 2024


China’s M&A turnover slumps says UBS
China’s mergers and acquisitions (M&A) turnover dropped 10% year-to-date to USD297bn, extending a three-year decline, UBS said. However,...
Dec 6, 2024


Singapore investors believe AI investments boost productivity
Singapore-based investors see technology as the leading driver of business change over regulation, geopolitics, or supply chain...
Dec 6, 2024


Daiwa Securities targets wealthy Japanese expats in SE Asia
Japan’s Daiwa Securities Group plans to expand its services to affluent Japanese expatriates in Southeast Asia by establishing an office...
Dec 5, 2024