Oct 18, 2024
China’s Q3 growth hits six-quarter low
China’s economy likely recorded its weakest growth in six quarters, with third-quarter expansion expected at 4.5%, according to...
Oct 18, 2024
Chinese bankers exit finance amid tough regulations
Disillusioned Chinese bankers and fund managers are leaving the finance sector, where government regulations and campaigns like "common...
Oct 18, 2024
Virtual bank consortiums set for major investment in Thailand
The three consortiums awarded virtual bank licenses in Thailand are expected to invest between BHT3bn and BHT5.7bn from mid-2025 to...
Oct 17, 2024
HSBC reviews China wealth business amid rising costs
HSBC Holdings Plc is reviewing expenses and operational controls at its China digital wealth business, Pinnacle, potentially leading to...
Oct 17, 2024
Hong Kong tops global economic freedom ranking
Hong Kong has been ranked as the world’s freest economy in the Fraser Institute’s Economic Freedom of the World: 2024 Annual Report,...
Oct 17, 2024
Malaysia taps ASEAN family office market with Islamic wealth edge
Malaysia is emerging as a key player in the ASEAN family office space, leveraging its leadership in Islamic wealth management and...
Oct 17, 2024
Asia-Pacific cross-border investment soars 15.7% in Q3 2024
Cross-border investment in Asia-Pacific reached USD36.3bn in Q3 2024, reflecting a 15.7% year-on-year increase, according to Knight...
Oct 16, 2024
Several ASEAN nations consider BRICS membership after Malaysia's interest
Multiple ASEAN countries have shown interest in joining the BRICS economic bloc following Malaysia's announcement of its intention to...
Oct 16, 2024
China enforces tax on ultrarich's overseas investment gains
China has begun enforcing a long-overlooked tax on overseas investment gains made by the country's ultra-wealthy individuals, according...
Oct 16, 2024
Advisory Board Centre targets Asian businesses with Singapore summit
The Advisory Board Centre (ABC) is intensifying its efforts across Asia, particularly Southeast Asia, by hosting the 2024 Megatrends...
Oct 16, 2024
Philippine stock exchange to miss IPO target amid market conditions
The Philippine Stock Exchange (PSE) is expected to miss its target of six initial public offerings (IPOs) this year, having completed...
Oct 15, 2024
Thailand's One Asset Management launches TIREIT units as economy rebounds
One Asset Management (ONEAM) is set to offer units of the Thai Industrial Real Estate Investment Trust (TIREIT) to general investors from...
Oct 15, 2024
China's boom nears ending, says AustralianSuper CIO
China's recent stimulus measures might help stabilise its property crisis, but investors should prepare for the end of the country's...
Oct 15, 2024
Singapore blocks Allianz's USD1.7bn acquisition of Income Insurance
Singapore's government has blocked Munich-based Allianz SE's proposed SGD2.2bn (USD1.7bn) deal to acquire a majority stake in Income...
Oct 15, 2024
Global wealthy families convene in HK for Standard Chartered forum
Over 200 representatives from some of the world's wealthiest families, including the Rockefellers, are convening in Hong Kong for...
Oct 14, 2024
Digital wealth platform Arta Finance launches in Singapore
Arta Finance, a digital wealth platform aimed at democratising access to investment capabilities traditionally reserved for the...
Oct 14, 2024
Vietnam's insurance premiums rebound in Q3
Vietnam's insurance premium revenues rose 6.9% year-on-year to VND56.4tr (USD2.2bn) in Q3 2024, marking the first growth since the second...
Oct 14, 2024
Singapore attracts USD4.1bn in H1 investments
Singapore secured SGD5.4bn (USD4.1bn) in fixed asset investment (FAI) commitments in the first half of 2024, keeping the Economic...
Oct 14, 2024
Standard Chartered, Citi announce key appointments in Malaysia
Standard Chartered has appointed Harmander Mahal as head of wealth and retail banking for Malaysia and Indonesia, effective October 14,...
Oct 11, 2024
Hong Kong ranks 15th in global wealth, trails Singapore
Hong Kong ranks 15th in global wealth, trailing Singapore at 4th and Taiwan at 14th, according to Forbes’ list based on IMF estimates of...