The World Bank is committed to assisting the Philippines in enhancing tax collection through comprehensive digitisation initiatives....

The global hedge fund industry ended the first quarter with a record USD4.3tr in assets, data provider HFR said on Monday. The industry...

BNP Paribas SA has hired around 30 staff to start its securities operation in China, re-entering the market 17 years after leaving a...

Hong Kong investment bankers face potential job cuts amid a deal slowdown in China, according to Bloomberg Intelligence. About 200...

The Monetary Authority of Singapore (MAS) issued a 12-year prohibition order against former Manulife representative Ong Ka Yong for...

South Korea’s Finance Minister Choi Sang-mok announced at the G20 finance leaders’ meeting in Washington a venture capital fund of...

Hong Kong’s unemployment rate rose slightly to 3% in the March quarter, with an increase of 9,400 unemployed persons. Unemployment rates...

Peerapong Jirasevijinda has been appointed as the new CEO of SCB Julius Baer, the joint venture between Julius Baer and Siam Commercial...

Maybank Philippines, along with another foreign entity, plans to introduce Islamic banking operations in the country, according to the...

Banks must manage risks associated with using artificial intelligence (AI) and machine learning (ML) in their operations, stated Bank of...

Toshiba Corp is set to cut thousands of jobs in Japan, primarily in back-office departments, as part of a new business strategy to be...

The Philippines Securities and Exchange Commission (SEC) has abolished the minimum commission rate that stockbrokers can charge,...

Dutch bank ING has named Gautam Saxena as its new head of corporate finance for the Asia-Pacific region, overseeing 11 markets including...

Abu Dhabi Islamic Bank (ADIB) is in preliminary talks to purchase a 15% stake worth about USD1.1bn in Indonesia’s leading Islamic lender,...

Singapore-based Endowus has expanded its wealth management services to Hong Kong, launching a full-service platform. The digital wealth...

The International Monetary Fund (IMF) forecasts global economic growth to remain steady at 3.2% for 2024 and 2025, supported by robust...

Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific region amid cost-cutting efforts. Weaker...

China’s economy exceeded expectations in the first quarter of the year, growing at an annual rate of 5.3%, surpassing forecasts of 4.8%,...

Julius Baer, a Zurich-based bank, has named Benjamin Sim as the head of Greater China markets in Singapore, effective June 1. Sim, who...

Small and medium-sized enterprises (SMEs) in Singapore remained in contraction for the fifth consecutive quarter, with the OCBC SME Index...