Japanese insurance major Nippon Life has agreed to acquire all the shares it does not own in Resolution Life for about USD8.2bn, the...

Allianz Global Investors said it has received regulatory approval to acquire a 2% stake in Guomin Pension & Insurance Co, making it the...

The Vietnamese non-life insurance sector is drawing strong merger and acquisition interest as foreign and domestic investors target its...

Eleven companies have expressed interest in establishing operations in the Forest City Special Financial Zone (SFZ), according to...

The Kho family, which established the 40-year-old conglomerate The Kho Group (TKG) in the Philippines, is setting up a family office in...

Japan’s megabanks—Mitsubishi UFJ (MUFG), Sumitomo Mitsui (SMFG), and Mizuho—are pursuing overseas investments, focusing on the US and...

Standard Chartered cut its 2025 economic growth forecast for Hong Kong to 2.2%, citing weaker exports, subdued consumption, and...

Asian banks including DBS Group, Mitsubishi UFJ Financial Group (MUFG), and Sumitomo Mitsui Financial Group have submitted preliminary...

Hanwha Group’s financial subsidiaries have opened the Hanwha AI Center in San Francisco, marking the first AI research hub in the city by...

Lee Ho-tak, managing director of family office Cheah Capital, emphasised that ESG initiatives not only benefit society but also deliver...

Japan’s bankruptcy filings are on track to surpass 10,000 this year, marking the highest level since 2013, according to Tokyo Shoko...

Mainland China and Hong Kong regulators have urged major global investment banks to accelerate Chinese companies’ listings in Hong Kong,...

Billionaires’ combined wealth surged 121% over the past decade to USD14tr, according to UBS’s Billionaire Ambitions report. The number of...

Raffles Family Office (RFO) has appointed Abdullatif Mohamed Kanoo as Board Advisor to drive its strategic expansion into the Middle...

South Korea’s and Indonesia’s general insurance industries are strengthening ties following a new memorandum of understanding (MOU)...

Singapore state investor Temasek Holdings has established a private credit platform with an initial portfolio of SGD10bn (USD7.5bn),...

Hong Kong’s banking regulator fined China CITIC Bank International HKD4m (USD510,000) for breaching anti-money laundering regulations,...

Singapore’s central bank said it will extend the deadline for phasing out corporate cheque processing by one year to end-2026. The...

South Korea’s financial watchdog urged securities firms to prepare contingency plans to handle potential market turbulence amid...

Chinese state media warned against pushing for faster growth at all costs and emphasised boosting domestic consumption, days before next...