
Dec 10, 2024
HKMA fines CITIC unit for AML violations
Hong Kong’s banking regulator fined China CITIC Bank International HKD4m (USD510,000) for breaching anti-money laundering regulations,...


Dec 9, 2024
Singapore pushes back corporate cheque phase-out
Singapore’s central bank said it will extend the deadline for phasing out corporate cheque processing by one year to end-2026. The...


Dec 9, 2024
South Korea's financial regulator warns securities firms to brace for turbulence
South Korea’s financial watchdog urged securities firms to prepare contingency plans to handle potential market turbulence amid...


Dec 9, 2024
Beijing warns against 'worship of speed' in growth
Chinese state media warned against pushing for faster growth at all costs and emphasised boosting domestic consumption, days before next...


Dec 9, 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 6, 2024
ING names new chief economist for APAC
ING has appointed Deepali Bhargava as head of research and chief economist for Asia Pacific. Bhargava rejoins the Netherlands-based bank...


Dec 6, 2024
Wealth manager Indosuez announces Asia leadership change
Indosuez, the wealth management arm of Credit Agricole Group, said it will appoint Laurent Proutière as Asia chief executive and...


Dec 6, 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 5, 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
Accounting industry faces challenges amid economic headwinds
The accounting industry is confronting complex challenges due to economic headwinds, increased competition, and geopolitical tensions,...


Dec 5, 2024
Singapore’s largest bank DBS expands wealth team to serve rich Russians
DBS Group Holdings has expanded its wealth management team to serve wealthy Russian clients, even as global rivals retreat amid sanction...


Dec 5, 2024
Hong Kong ready to join RCEP, says chief Executive John Lee
Hong Kong is fully prepared to join the Regional Comprehensive Economic Partnership (RCEP), Chief Executive John Lee Ka-chiu said at the...


Dec 4, 2024
Singapore fines JPMorgan USD2.4m for client misconduct
The Monetary Authority of Singapore (MAS) has imposed a civil penalty of USD2.4m on JPMorgan Chase Bank, N.A., for failing to prevent and...


Dec 4, 2024
South Korea to revise Capital Market Act to protect shareholders
South Korea’s top financial regulator announced plans to revise the Capital Market Act to enhance protection for individual shareholders...

Dec 4, 2024
State Street appoints new head of Japan operations
State Street Global Advisors, the asset management division of US-based State Street Corp, announced the immediate appointment of Dohei...


Dec 4, 2024
Golden visa scheme aims to boost Indonesia’s economy
Indonesia’s Golden Visa programme is designed to attract high-value foreign investors and global talent to bolster sustainable economic...


Dec 3, 2024
Thailand finalises free trade deal with EFTA countries
Thailand has concluded negotiations on a free trade agreement (FTA) with the European Free Trade Association (EFTA), marking its first...

Dec 3, 2024
Vietnam aims for about 8% economic growth in 2025
Vietnam’s Prime Minister Pham Minh Chinh announced that the government aims for economic growth of about 8% in 2025, surpassing the...


Dec 3, 2024
Singapore’s Raffles Family Office appoints two senior executives
Raffles Family Office (RFO), one of Asia’s top multifamily offices, has appointed two seasoned professionals to strengthen its leadership...