

Dec 26, 2024
Indonesia secures USD7.4bn in new Chinese investments
Indonesia secured USD7.4bn in new investment commitments from China, covering polysilicon, fiberglass, polyethylene terephthalate (PET),...


Dec 25, 2024
Hong Kong, UAE ink deal to enhance financial cooperation
The Hong Kong Monetary Authority (HKMA) and the Central Bank of the United Arab Emirates (CBUAE) held a bilateral meeting in Hong Kong...


Dec 25, 2024
South Korea warns of economic slowdown amid political turmoil
South Korea’s finance minister said a slowdown in economic growth is unavoidable as the government prepares to lower forecasts for this...

Dec 25, 2024
Thailand sees 90,000 new businesses in 2024
Thailand’s Department of Business Development (DBD) projects nearly 90,000 new businesses will register in 2024, a 2-3% increase...


Dec 25, 2024
XTransfer, OCBC partner to boost cross-border payments
XTransfer, a China-based B2B cross-border trade payment platform, has partnered with OCBC, Southeast Asia’s second-largest financial...


Dec 24, 2024
Prudential, HSBC Vietnam partner on bancassurance
Prudential Vietnam Assurance and HSBC Vietnam have formed a bancassurance partnership to address growing demand for protection and wealth...


Dec 24, 2024
Foreign firms in HK surge to 9,960, employment rises
Hong Kong hosted 9,960 firms with parent companies outside the city this year, a record high and a 10% increase from 2023, government...


Dec 24, 2024
HKMA launches GenAI sandbox with banks, tech firms
The Hong Kong Monetary Authority (HKMA) has unveiled the first participants in its generative artificial intelligence (genAI) sandbox,...


Dec 24, 2024
Digitisation, AI and climate change top SEA Central Banks’ agenda
The 60th South East Asian Central Banks (SEACEN) Governors’ Conference and 44th SEACEN Board of Governors Meeting, hosted by the Bank of...


Dec 23, 2024
ByteDance founder’s fund secures HK asset management licence
Hong Kong’s Securities and Futures Commission (SFC) has granted a type 9 asset management licence to Cool River Venture HK, a private...


Dec 23, 2024
Financial industry leader to head Japan’s Keidanren for first time
Japan’s biggest business lobby, Keidanren, plans to appoint Nippon Life Insurance Chairman Yoshinobu Tsutsui as its next head, current...


Dec 23, 2024
New HKEX platform offers direct market data
Hong Kong Exchanges and Clearing (HKEX) launched a new online data platform, HKEX Data Marketplace, allowing global investors direct...


Dec 23, 2024
Losses widen at Singapore’s digital startup banks
Singapore’s digital banks remain loss-making despite increased revenues since their launch about two years ago. GXS Bank, backed by Grab...


Dec 20, 2024
Fidelity’s group of 2,000 family offices names new chief
A family office group owned by the parent of Fidelity Investments appointed Kimberly Sheehy to oversee its Communities Center of...


Dec 20, 2024
South Korean economy grows 6.9% per year since 1954
South Korea’s economy grew at an annualised average of nearly 7% after a revision in the base year for economic growth data, central bank...


Dec 20, 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 securities regulator targets Nasdaq-listed firms
Hong Kong’s securities regulator searched offices of about a dozen local finance firms and individuals last month in a probe involving...


Dec 19, 2024
China-US economic group meets in South Africa
The China-US economic working group held its seventh meeting in Johannesburg, South Africa, China’s Ministry of Finance said. The...


Dec 19, 2024
World Bank identifies excessive tax evasion and too few audits in Indonesia
At least one in four Indonesian firms evaded tax last year, a World Bank survey found, citing perceptions of widespread tax avoidance and...


Dec 19, 2024
Vietnam set to beat 7% GDP growth target for 2024
Vietnam's GDP growth is on track to surpass its 7% target for 2024, aided by supportive policies and stronger export performance, Deputy...