Dec 30, 2024
Vietnam approves new credit rating providers
Vietnam's Ministry of Finance has granted credit rating certificates to five companies, including the newly added Thien Minh Credit...
Dec 27, 2024
China approves new VAT law, effective 2026
China passed a value-added tax (VAT) law that will take effect on January 1, 2026, consolidating existing regulations and retaining...
Dec 27, 2024
Japan central bank remains cautious on rate hikes
Bank of Japan governor Kazuo Ueda has made cautious remarks, signalling no rate hike next month, prompting the yen to weaken. Ueda said...
Dec 27, 2024
Crypto outpaces stocks in South Korea, new highs reached
South Korea’s crypto market surged in November, with trading volumes rivalling the stock market and over 15 million accounts, fuelled by...
Dec 27, 2024
New crypto regulations could spark Philippines market growth
The Philippine Securities and Exchange Commission’s draft rules for crypto asset service providers could boost investor protection and...
Dec 26, 2024
More digital assets firms pick Singapore over Hong Kong
Singapore advanced its push to become a digital assets hub in 2024, outpacing Hong Kong, which has struggled to gain momentum. Singapore...
Dec 26, 2024
HKEX implements new rules for independent directors
Hong Kong Exchanges and Clearing (HKEX) will enforce new limitations on independent non-executive directors (INEDs) starting July next...
Dec 26, 2024
Global investors urge Korea to pass corporate governance reform
The Asian Corporate Governance Association (ACGA) has urged Korea’s National Assembly to approve revisions to the Commercial Act,...
Dec 26, 2024
Indonesia secures USD7.4bn in new Chinese investments
Indonesia secured USD7.4bn in new investment commitments from China, covering polysilicon, fiberglass, polyethylene terephthalate (PET),...
Dec 25, 2024
Hong Kong, UAE ink deal to enhance financial cooperation
The Hong Kong Monetary Authority (HKMA) and the Central Bank of the United Arab Emirates (CBUAE) held a bilateral meeting in Hong Kong...
Dec 25, 2024
South Korea warns of economic slowdown amid political turmoil
South Korea’s finance minister said a slowdown in economic growth is unavoidable as the government prepares to lower forecasts for this...
Dec 25, 2024
Thailand sees 90,000 new businesses in 2024
Thailand’s Department of Business Development (DBD) projects nearly 90,000 new businesses will register in 2024, a 2-3% increase...
Dec 25, 2024
XTransfer, OCBC partner to boost cross-border payments
XTransfer, a China-based B2B cross-border trade payment platform, has partnered with OCBC, Southeast Asia’s second-largest financial...
Dec 24, 2024
Prudential, HSBC Vietnam partner on bancassurance
Prudential Vietnam Assurance and HSBC Vietnam have formed a bancassurance partnership to address growing demand for protection and wealth...
Dec 24, 2024
Foreign firms in HK surge to 9,960, employment rises
Hong Kong hosted 9,960 firms with parent companies outside the city this year, a record high and a 10% increase from 2023, government...
Dec 24, 2024
HKMA launches GenAI sandbox with banks, tech firms
The Hong Kong Monetary Authority (HKMA) has unveiled the first participants in its generative artificial intelligence (genAI) sandbox,...
Dec 24, 2024
Digitisation, AI and climate change top SEA Central Banks’ agenda
The 60th South East Asian Central Banks (SEACEN) Governors’ Conference and 44th SEACEN Board of Governors Meeting, hosted by the Bank of...
Dec 23, 2024
ByteDance founder’s fund secures HK asset management licence
Hong Kong’s Securities and Futures Commission (SFC) has granted a type 9 asset management licence to Cool River Venture HK, a private...
Dec 23, 2024
Financial industry leader to head Japan’s Keidanren for first time
Japan’s biggest business lobby, Keidanren, plans to appoint Nippon Life Insurance Chairman Yoshinobu Tsutsui as its next head, current...
Dec 23, 2024
New HKEX platform offers direct market data
Hong Kong Exchanges and Clearing (HKEX) launched a new online data platform, HKEX Data Marketplace, allowing global investors direct...