Hong Kong will require stablecoin issuers operating in the city or promoting Hong Kong dollar-pegged tokens to obtain licences under a...

Hong Kong and Singapore are emerging as Asia’s top cryptocurrency hubs, seeking to capitalise on the sector’s resurgence amid U.S....

Chinese President Xi Jinping met with Alibaba cofounder Jack Ma and other top business leaders, signaling Beijing’s support for the...

Standard Chartered is partnering with Animoca Brands and telecom firm HKT to launch a Hong Kong dollar-backed stablecoin joint venture....

Singapore’s life insurance industry recorded SGD1.6bn (USD1.2bn) in weighted new business premiums in Q4 2024, up 11.1% year on year,...

The Philippine insurance industry’s premium income rose by 12.81% year on year to PHP440.39bn (USD7.6bn) in 2024, driven by the life...

Businesses across the Asia-Pacific (APAC) region are facing a surge in AI-driven cyberattacks in 2025, with threats like deepfake scams...

Former Thai prime minister Thaksin Shinawatra has proposed using Phuket as a Bitcoin sandbox to attract cryptocurrency holders and boost...

Singapore investors led gold demand growth in ASEAN, purchasing 6.5 tonnes of gold bars and coins in 2024, up 22% from 2023, the World...

Great Eastern’s Malaysian subsidiaries have scrapped their planned acquisition of AmMetLife Insurance and AmMetLife Takaful, the insurer...

HSBC Holdings will scale back its investment banking operations in Europe, the UK, and the Americas as part of CEO Georges Elhedery’s...

Singapore’s reinsurance market is set for strong growth in 2025 as the government seeks to solidify the country’s position as a leading...

Vietnam’s Ministry of Planning and Investment (MPI) has proposed a regulatory sandbox for fintech activities under a draft resolution to...

Thailand’s non-life insurance market, currently valued at THB180bn, could grow 2.5 times to THB734bn, boosting the penetration rate to 6%...

China announced plans to direct large state-owned insurers and commercial insurance funds to increase investments in mainland-listed...

Morgan Stanley has officially launched its futures company in China, Morgan Stanley Futures (China), headquartered in Beijing. The...

Singapore and Odisha’s Electronics and Information Technology Department signed an MoU to establish the Global Competency Centre for...

Hong Kong billionaire Michael Kadoorie is raising at least USD50m to improve the city’s image, people familiar with the matter told...

Vietnam’s government may lower its 2025 targets for the life insurance sector, citing challenges in achieving them, according to industry...

South Korean insurers, led by DB Insurance and Korean Re, are anticipating losses of about KRW90bn (USD61.8m) from the massive Los...