Jul 26, 2024
Franklin Resources refutes rumours of Beijing office shutdown
Franklin Resources, also known as Franklin Templeton, denied rumours of closing its Beijing office, confirming that no application for...
Jul 25, 2024
China’s fund managers face salary caps amid austerity measures
Two leading Chinese fund managers, under a new government austerity drive, have implemented income caps for staff, with mandates to...
Jul 25, 2024
South Korean family businesses see generational shift in ownership
A recent analysis by corporate tracker CEO Score revealed that the second generation of owners in 81 “middle market enterprises” in South...
Jul 25, 2024
HSBC, SBF launch guide to fuel ASEAN business expansion
HSBC and the Singapore Business Federation (SBF) signed a memorandum of understanding on Wednesday to support local businesses in...
Jul 25, 2024
CashOn launches HK’s first digital currency lending platform
CashOn, a fintech company specialising in Web3 applications, has launched Hong Kong’s first digital currency lending matching platform,...
Jul 24, 2024
HKIFA suggests more inclusive ETF trading under stock connect
The inclusion of eligible exchange-traded funds (ETFs) under Stock Connect, which facilitates trading between mainland China and Hong...
Jul 24, 2024
South Korea detains tech mogul Brian Kim over stock-rigging
South Korean authorities have arrested Kakao Corp founder Brian Kim for alleged market manipulation, marking a significant legal...
Jul 24, 2024
JIA Asset Management partners with Vynn Capital in startup investments
JIA Asset Management Sdn Bhd has partnered with Vynn Capital by investing as a limited partner in the Vynn Capital Progression Fund,...
Jul 24, 2024
Philippine central bank and treasury launch intraday settlement facility
The Bangko Sentral ng Pilipinas (BSP) and the Bureau of the Treasury (BTr) have introduced a fully automated intraday settlement facility...
Jul 23, 2024
MG Non-Life Insurance fails to attract buyers in third sale attempt
MG Non-Life Insurance’s third attempt to secure a new owner has failed, highlighting concerns over its financial health. Samjong KPMG,...
Jul 23, 2024
Chinese asset manager Noah sets up new office in Japan
Noah Holdings, a leading Chinese asset manager, is expanding its Asia-Pacific operations to address the rising global investment demands...
Jul 23, 2024
Swiss asset manager GAM to close Hong Kong office
Swiss asset manager GAM Investments is set to close its Hong Kong office next year, transitioning to a new partnership with local firm...
Jul 23, 2024
Goldman Sachs appoints Jaehoon Ahn as co-country head for Korea
Goldman Sachs has named Jaehoon Ahn as the new co-country head and head of investment banking for Korea, effective mid-August. Ahn,...
Jul 22, 2024
Singapore’s financial sector sees 10% growth in AUM to USD5.41tr in 2023
Singapore’s financial sector flourished in 2023, witnessing a 10% increase in assets under management (AUM), reaching USD5.41tr by...
Jul 22, 2024
Digital family office Arta Finance secures Singapore licence
Arta Finance, a digital family office with bases in Singapore and the US, has been granted a capital markets services licence by the...
Jul 22, 2024
Indonesia plans to establish family offices to attract global wealth
Indonesia’s Chief Investment Minister Luhut Binsar Pandjaitan is finalising plans to establish family offices in the country before...
Jul 22, 2024
Indonesia unveils long-term visa scheme for investors
Indonesia launched a long-term visa scheme to attract foreign investors, President Joko Widodo announced. A 10-year visa requires...
Jul 19, 2024
Malaysia’s pension fund launches new stewardship policy
The Employees Provident Fund (EPF) of Malaysia has introduced the EPF Sustainable Investment Stewardship Policy, marking its position as...
Jul 19, 2024
HSBC appoints Georges Elhedery as new CEO from September
HSBC announced the appointment of Georges Elhedery as the new group CEO effective September 2, succeeding Noel Quinn, who will depart...
Jul 19, 2024
Hong Kong investors bullish on AI and local market investments
According to a survey by the Hong Kong Investment Funds Association, 65% of Hong Kong investors are interested in AI-related investments,...