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...

South Korea’s K bank is set to launch its initial public offering (IPO) in October, aiming to raise around KRW1tr (USD755m). The online...

Family offices worldwide are moving cash into bonds and equities, with nearly half expecting returns above 10% over the next year,...

Taiwan’s Financial Supervisory Commission (FSC) has rejected CTBC Financial Holding’s proposed USD4.1bn takeover of Shin Kong Financial...

Japan’s government said on Wednesday that the economy is in moderate recovery, but remains cautious due to potential global economic...

Growing interest from family offices and individual investors will drive a 106% increase in private equity assets under management (AUM)...

The Monetary Authority of Singapore (MAS) has awarded tax incentives to about 1,650 single family offices (SFOs) as of the end of August,...

The monetary authorities of Hong Kong and Macau will establish a direct link between their clearing, settlement, and custodian systems to...

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

Hong Kong’s efforts to attract family offices are gaining traction, evidenced by increased attendance at the latest summit hosted by the...

Nearly 40% of Singaporean companies reported minimal impact from the recent carbon tax hike, according to a survey by the Sustainable...

The focus of a prolonged investigation into PricewaterhouseCoopers (PwC) shifts to Hong Kong after the accounting firm received a record...

Vietnam’s domestic investor accounts rose by over 330,000 in August to more than 8.6 million, the highest in over two years, data...

Vietnam’s Prime Minister Pham Minh Chinh has urged the ASEAN Business Advisory Council (ASEAN BAC) to collaborate closely with...

Family-owned businesses in Asia are increasingly turning to private equity firms to drive growth as fewer heirs step forward and...

US companies in China are reporting record-low profits and business confidence amid escalating US-China tensions and a slowing Chinese...

HSBC Holdings emerged as the world’s largest dividend payer in the second quarter, distributing USD11.7bn, driven by a USD4bn special...

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

Kasikornbank (KBank) has partnered with Bangkok Commercial Asset Management (BAM) to form a joint venture asset management company...