Singapore investors led gold demand growth in ASEAN, purchasing 6.5 tonnes of gold bars and coins in 2024, up 22% from 2023, the World...

South Korea will launch an alternative trading system, Nextrade (NXT), in March to enhance efficiency and convenience in securities...

Vietnam has extended and expanded tax relief programmes for 2025 to support businesses and drive economic growth, the Ministry of Finance...

Citi appointed Christie Chang as CEO and chair of Citibank Taiwan Limited, pending regulatory approval. She will drive business growth...

Hong Kong Exchanges and Clearing (HKEX) chairman Carlson Tong Ka-shing said he remains cautiously optimistic about the city’s IPO market...

Vietnam’s Da Nang city aims to develop at least five financial technology (FinTech) firms with annual revenues exceeding VND1tr (USD40m)...

Indonesia plans to transfer at least USD61bn in state assets into a new investment fund, Daya Anagata Nusantara (Danantara), which will...

South Korea’s Financial Supervisory Service (FSS) said it will tighten oversight of banks and take action against weak internal controls...

Hong Kong’s economic growth slowed to 2.5% in 2024, down from 3.2% the previous year, as residents spent more outside the city, the...

Japan’s largest lender Mitsubishi UFJ Financial Group is on track for record net income of JPY1.75tr (USD11bn) this fiscal year, buoyed...

As Thailand’s stock market sees trading values drop from an average THB50bn (USD1.485bn) in 2024 to around THB30bn-40bn, Asia Plus Group...

J.P. Morgan Asset Management has appointed Kaguya Komatsu as CEO of its Japan business, effective March 2025, succeeding Shoichi Ohkoshi,...

Global asset manager PineBridge Investments has appointed Angie Ng as Chief Executive Officer for Malaysia and Managing Director,...

Great Eastern’s Malaysian subsidiaries have scrapped their planned acquisition of AmMetLife Insurance and AmMetLife Takaful, the insurer...

Sydney-based investment bank Barrenjoey has opened an office in Hong Kong, its second overseas location after Abu Dhabi, to expand...

Wealth management and family offices will be a key growth driver for Hong Kong as many prominent Asian families look to establish...

More than half of Hang Seng Index firms voluntarily released sustainability reports in 2024, but most received only limited assurance,...

Taiwan is advancing financial deregulation to expand its asset management sector and attract more private banking clients, Financial...

HSBC Holdings will scale back its investment banking operations in Europe, the UK, and the Americas as part of CEO Georges Elhedery’s...

Singapore’s reinsurance market is set for strong growth in 2025 as the government seeks to solidify the country’s position as a leading...