Vietnam’s non-life insurance and reinsurance companies are transferring a significant portion of their premiums to foreign reinsurers to...

Thailand’s competition for virtual banking licences is intensifying as applications have exceeded the number of licences the central bank...

Five business groups are competing for new virtual bank licences in Thailand. The Gulf consortium, consisting of Krungthai Bank, Gulf...

dtcpay, a digital payments provider, has partnered with Visa to drive digital payments transformation in Singapore, according to a media...

Hong Kong’s government plans to release its first policy statement on artificial intelligence (AI) in finance, aiming to boost the...

CEOs should lead the adoption of artificial intelligence (AI) in organisations, says Scott Likens, PwC’s global AI and innovation...

The Hong Kong Ambassadors Club (HKAC) marked its first anniversary with a high-profile event on Tuesday, September 10, 2024, at the Four...

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, inaugurated its new office in Silicon Valley,...

Bankruptcy filings in Singapore surged by 25% in the first half of 2024, according to the Ministry of Law, with 2,334 people applying and...

Woori Financial Group has sealed its re-entry into the insurance sector after 11 years by acquiring Tongyang Life Insurance and ABL Life...

Citigroup Inc. expects a surge in Asia Pacific dealmaking, driven by booming markets in India, Taiwan, and Japan, alongside a strong...

CTBC Financial Holding Co. has offered NTD14.55 (USD0.46) per share in cash and stock for a 51% stake in Shin Kong Financial Holding Co.,...

PwC has lost its largest mainland China-listed client, Bank of China, to rival EY, amid a regulatory probe into its work on China...

China’s central bank and the US Treasury agreed to establish direct contacts for managing future financial stress events, marking a step...

The Monetary Authority of Singapore (MAS), along with DBS, HSBC, OCBC, UOB, SPTel, and SpeQtral, has signed a Memorandum of Understanding...

Singapore ranks as the seventh most expensive market for prime office space, according to Savills. London’s West End leads with an annual...

Sydney will host Australia's largest-ever business summit for ASEAN nations on August 29-30, drawing up to 500 delegates. The 2024...

Jefferies Financial Group announced that Japan’s Sumitomo Mitsui Banking Corp (SMBC) has increased its stake in the US investment bank to...

Colin Huang, founder of PDD Holdings, has become China's richest man, with a net worth of USD48.6bn, according to the Bloomberg...

Philippine economic growth surged to 6.3% in Q2 2024, up from 4.3% last year, and higher than the 5.8% in Q1, reported National...