

Southeast Asian central banks harmonise currency framework
Malaysia, Indonesia, and Thailand will harmonise and expand their local currency transaction framework to boost cross-border trade and...
Feb 19


Chinese president Xi Jinping holds meeting with Alibaba’s Jack Ma, CEOs
Chinese President Xi Jinping met with Alibaba cofounder Jack Ma and other top business leaders, signaling Beijing’s support for the...
Feb 19


Standard Chartered joins Hong Kong stablecoin venture
Standard Chartered is partnering with Animoca Brands and telecom firm HKT to launch a Hong Kong dollar-backed stablecoin joint venture....
Feb 19


Barclays appoints senior executives for APAC, Middle East
Barclays has appointed Vijay Shankar U.S. as managing director, head of global transaction banking, and Amaar Khan as managing director,...
Feb 19


HK financial chief positive on stock market’s outlook
Hong Kong’s financial chief expressed cautious optimism about the stock market’s outlook, citing strong investor activity and new listing...
Feb 18


Hong Kong acknowledges crypto as proof of wealth in immigration
Hong Kong acknowledged for the first time that cryptocurrencies have been used as proof of wealth under its investment immigration scheme...
Feb 18


Thailand’s 2024 GDP misses forecast
Thailand’s economy grew 2.5% in 2024, below the 2.7% forecast and lagging regional peers despite a pickup from 2% in 2023, official data...
Feb 18


Japan firms to post record earnings for fourth year
Major Japanese firms are set to post a record combined net profit for the fourth straight year in fiscal 2024, driven by Bank of Japan...
Feb 18


Singapore’s life insurance premiums rise 11.1% in Q4
Singapore’s life insurance industry recorded SGD1.6bn (USD1.2bn) in weighted new business premiums in Q4 2024, up 11.1% year on year,...
Feb 17


South Korea’s National Pension Service extends CIO Seo Won-joo’s term
South Korea’s National Pension Service, the world’s third-largest pension fund, has finalised the reappointment of Chief Investment...
Feb 17


UK steps up private talks on finance ties with Hong Kong
The UK has intensified private discussions to strengthen financial services ties with Hong Kong, deploying Treasury officials in late...
Feb 17


Taiwan to open trade, investment centre in Japan’s Kyushu
Taiwan’s Ministry of Economic Affairs plans to establish a trade and investment centre in Fukuoka, Kyushu, to support Taiwanese firms...
Feb 17


Citi Private Bank expands Asia family office team
Citi Private Bank has appointed Hoo Peng Han as director of its global family office group in Asia as it rebuilds its regional team. Hoo,...
Feb 14


HK to review bond issuance, fiscal consolidation plans
The Hong Kong government will reassess bond issuance strategies while formulating the budget, aiming to manage its deficit, Secretary for...
Feb 14


Philippine insurance industry sees 12.81% growth in 2024
The Philippine insurance industry’s premium income rose by 12.81% year on year to PHP440.39bn (USD7.6bn) in 2024, driven by the life...
Feb 14

Reach Alts names Divyesh Bhana head of private wealth
Reach Alternative Investments has appointed Divyesh Bhana as Head of Private Wealth following HUB24’s strategic investment in the...
Feb 14


Alp Ercil to close USD3bn hedge fund, and shift to a family office structure
Alp Ercil is closing his USD3bn flagship hedge fund at Asia Research & Capital Management Ltd. after 14 years of gains and will convert...
Feb 13


Vietnam ranks among top investment destinations, says PwC
Vietnam ranks sixth among 13 countries and territories identified as top investment destinations over the next 12 months, according to...
Feb 13


Hong Kong loan growth to stall in 2025, says DBS
DBS Hong Kong expects the city’s loans market to stagnate in 2025 after a 6% decline in total loans in 2024, citing a property market...
Feb 13


Manulife names Benoit Meslet as Singapore CEO
Manulife has appointed Benoit Meslet, its current Japan CEO, to lead its Singapore operations starting June 1, pending regulatory...
Feb 13