All posts - Dont Delete | Asia First

Japan’s 2024 bankruptcies poised to hit highest level since 2013

Japan’s bankruptcy filings are on track to surpass 10,000 this year, marking the highest level since 2013, according to Tokyo Shoko...

China, Hong Kong regulators push for faster listings

Dec 11

China, Hong Kong regulators push for faster listings

Mainland China and Hong Kong regulators have urged major global investment banks to accelerate Chinese companies’ listings in Hong Kong,...

Billionaire wealth doubles to USD14tr over decade, led by tech

Dec 11

Billionaire wealth doubles to USD14tr over decade, led by tech

Billionaires’ combined wealth surged 121% over the past decade to USD14tr, according to UBS’s Billionaire Ambitions report. The number of...

Raffles Family Office names Abdullatif Kanoo as board advisor

Dec 10

Raffles Family Office names Abdullatif Kanoo as board advisor

Raffles Family Office (RFO) has appointed Abdullatif Mohamed Kanoo as Board Advisor to drive its strategic expansion into the Middle...

South Korea, Indonesia deepen general insurance partnership

Dec 10

OTHER NEWS

South Korea, Indonesia deepen general insurance partnership

South Korea’s and Indonesia’s general insurance industries are strengthening ties following a new memorandum of understanding (MOU)...

Temasek launches private credit platform with USD7.5bn portfolio

Dec 10

Temasek launches private credit platform with USD7.5bn portfolio

Singapore state investor Temasek Holdings has established a private credit platform with an initial portfolio of SGD10bn (USD7.5bn),...

HKMA fines CITIC unit for AML violations

Dec 10

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,...

Singapore pushes back corporate cheque phase-out

Dec 9

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...

South Korea's financial regulator warns securities firms to brace for turbulence

Dec 9

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...

Beijing warns against 'worship of speed' in growth

Dec 9

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...

Robinhood targets APAC growth via Singapore

Dec 9

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

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...

Wealth manager Indosuez announces Asia leadership change

Dec 6

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

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,...

Singapore investors believe AI investments boost productivity

Dec 6

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...

Daiwa Securities targets wealthy Japanese expats in SE Asia

Dec 5

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...

Accounting industry faces challenges amid economic headwinds

Dec 5

Accounting industry faces challenges amid economic headwinds

The accounting industry is confronting complex challenges due to economic headwinds, increased competition, and geopolitical tensions,...

Singapore’s largest bank DBS expands wealth team to serve rich Russians

Dec 5

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...

Hong Kong ready to join RCEP, says chief Executive John Lee

Dec 5