Jan 10
Hong Kong eases rules to attract wealthy investors
Hong Kong is easing its capital investment entrant scheme to attract family offices and bolster its status as a global wealth hub....
Jan 10
Singapore banks back new anti-scam law
Singapore banks back a new law allowing police to restrict accounts suspected of being scam targets, aiming to curb rising fraud cases....
Jan 10
Fidelity names new Southeast Asia head
Fidelity International has appointed Wildon Goh as head of Southeast Asia and country head of Singapore, subject to regulatory approval....
Jan 10
Morgan Stanley eyes expansion in Asia wealth team
Morgan Stanley plans to increase its Asia wealth team as it focuses on ultra-high-net-worth clients in the region. The firm’s 140...
Jan 9
Chinese exchanges ask big fund managers to restrict stock selling
China’s Shanghai and Shenzhen stock exchanges instructed large mutual funds to limit net stock selling at the start of 2025, aiming to...
Jan 9
Paragon Capital secures licences to expand financial services in Greater China
Paragon Capital Management Hong Kong (PCMHK) has obtained Type 4 (Advising on Securities) and Type 9 (Asset Management) licenses from...
Jan 9
Manulife WAM appoints Fabio Fontainha as head of Asia operations
Manulife Wealth and Asset Management (WAM) has named Fabio Fontainha as its head of WAM Asia, effective February 2025. Fontainha will...
Jan 9
Philippines sovereign wealth fund eyes first investment in Q1
The Maharlika Investment Corp. (MIC), the Philippines’ first sovereign wealth fund, is poised to make its inaugural investment in the...
Jan 8
Slow payments among Singapore firms rise for first time in six quarters
Slow payments among Singapore companies increased for the first time since Q2 2023, rising by 0.05 percentage points to 44.05% in Q4 2024...
Jan 8
Vietnam economy grows 7.09% in 2024, boosted by exports and investment
Vietnam’s economy expanded by 7.09% in 2024 to USD476.3bn, outpacing 2023’s 5.05% growth, driven by robust exports and foreign...
Jan 8
Citi Wealth’s Asia family office advisory head joins JP Morgan
Faye Ong, previously Citi Wealth’s Asia head of family office advisory, has joined JP Morgan Private Bank as head of its Philanthropy...
Jan 8
Blue Owl Capital appoints Yoichi Nakamura to lead Japan Private Wealth
US-listed Blue Owl Capital Inc. has named Yoichi Nakamura as Managing Director and Head of Japan Private Wealth. Based in Tokyo, Nakamura...
Jan 7
Thai SEC tightens rules on margin loans to boost market stability
Thailand’s Securities and Exchange Commission (SEC) has proposed stricter regulations for margin loans to enhance risk management among...
Jan 7
Farro Ventures expands with senior hires in Singapore and Dubai
Farro Ventures, the parent company of multi-family office Farro Capital, has strengthened its team with key appointments. In Singapore,...
Jan 7
Foreign workers in South Korea face February tax settlement deadline
Foreign employees in South Korea, excluding daily workers, must settle year-end taxes for 2023 wages by February, aligning with deadlines...
Jan 7
Singapore’s Clifford Capital expands into asset management
Singapore-based infrastructure credit platform Clifford Capital has launched a new asset management division, Clifford Capital Asset...
Jan 6
Hong Kong aims for quality investments in 2025
Hong Kong’s investment promotion arm, InvestHK, will prioritise quality and efficiency when attracting foreign companies and investments...
Jan 6
World's wealthiest people hit USD10tr, tech titans lead
The world’s 500 wealthiest individuals reached a combined net worth of nearly USD10tr in 2024, helped by a surge in US technology stocks....
Jan 6
Hong Kong funds boosted by revised cross-border rules
The fund management industry in Hong Kong will benefit from changes to the Mutual Fund Recognition scheme, enabling local firms to sell...
Jan 6
Philippines eyes sukuk rules to grow Islamic finance
The Philippines Securities and Exchange Commission (SEC) has proposed guidelines to boost Islamic banking and finance by regulating sukuk...