A survey by Hang Seng Bank reveals that 80% of Hong Kong families manage funds overseas. The study, which interviewed nearly 400...

Japan launched its first new banknotes in 20 years on Wednesday, featuring innovative three-dimensional portraits to combat...

Thailand’s economic growth forecast for this year has been revised down to 2.4% from 2.8%, impacted by sluggish exports and public...

The Financial Services Commission of Korea has levied record fines totaling KRW27.17bn (USD19.5) against two UBS AG affiliates—formerly...

Singapore’s Deputy Prime Minister and Minister for Trade and Industry, Gan Kim Yong, who also chairs the Monetary Authority of Singapore...

Investors in Japan have filed a new lawsuit against Mitsubishi UFJ Financial Group’s brokerage unit over losses from Credit Suisse’s...

Major tax evasion incidents in Taiwan decreased to 915 last year, with unpaid taxes falling to NTD89.51bn (USD2.75bn), according to the...

The Hong Kong Academy for Wealth Legacy is set to host a three-day summit from September 12 to 14, aiming to bolster Hong Kong’s role as...

A new regulation under the amended Law on Credit Institutions, effective July 1, reduces bank credit limits for major clients,...

EY Singapore announced a SGD100m (USD74m) investment over five years to enhance its talent development initiatives and increase the...

Hong Kong’s monetary authority is set to collaborate with the People’s Bank of China (PBOC) to enhance cross-border remittance services,...

The central banks of India, Malaysia, Thailand, Singapore, and the Philippines are collaborating under the Bank of International...

Annabel Spring, head of HSBC Holdings’ private banking, is spearheading a new recruitment initiative aimed at reclaiming the title of...

The World Bank announced Zafer Mustafaoglu as the new Country Director for the Philippines, Malaysia, and Brunei Darussalam, starting...

China’s major financial conglomerates, including China Merchants Group, China Everbright Group, and Citic Group, have directed senior...

Hong Kong’s retail banks recorded a 5% increase in pre-tax operating profit in the first quarter year-on-year, driven by higher...

Barclays Private Bank has appointed Ong Shun Wei as the new head of Discretionary Portfolio Management (DPM) in Singapore, according to...

Over half of CEOs in the Philippines worry their businesses won’t be viable in the next decade without significant changes, reports PwC...

In Taiwan, workers earned an average monthly wage of TWD47,000 (USD1,443) this year, marking a 5.4% increase from last year, hitting a...

Paris-based Natixis Corporate & Investment Banking (Natixis CIB) has formed a strategic alliance with Korea’s Woori Bank following the...