The Hong Kong Monetary Authority (HKMA) has unveiled the first participants in its generative artificial intelligence (genAI) sandbox,...

Munich-based Allianz has withdrawn its pre-conditional voluntary cash general offer to acquire at least 51% of Singapore’s Income...

Hong Kong’s appeal to mainland China’s first-tier city luxury consumers declined by 5%, while its attractiveness surged 20% among...

The Association of Investment Management Companies (AIMC) expects Thai ESG mutual funds to add between THB5bn (USD146m) and THB8bn in...

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

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

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

DBS Group Holdings has expanded its wealth management team to serve wealthy Russian clients, even as global rivals retreat amid sanction...

South Korea’s top financial regulator announced plans to revise the Capital Market Act to enhance protection for individual shareholders...

HSBC Holdings announced plans to host its second Global Investment Summit in Hong Kong from March 25 to 27, 2025. The event is expected...

South Korean insurance companies’ combined net profit increased by 13.2% in the first nine months of the year, boosted by higher sales...

Singapore Gulf Bank aims to raise at least USD50m in a funding round and plans to acquire a stablecoin payments company next year,...

Vietnam's banking industry is struggling to meet its online consumer lending targets by 2025 due to the absence of an independent...

Morgan Stanley has officially opened its new Southeast Asia headquarters in Singapore, reinforcing its commitment to the region's growth...

Blackstone, the world's largest alternative asset manager, has partnered with the Private Wealth Management Association (PWMA) to...

South Korea's Hanwha Life Insurance Co. said it has signed an agreement to acquire a 75% stake in US-based securities firm Velocity...

Taiwan’s insurance sector is expected to grow next year, supported by a stable domestic economy and easing monetary policies globally,...

Digital payment adoption in the Philippines is accelerating, with the Bangko Sentral ng Pilipinas (BSP) reporting that 56% of Filipino...

Thailand aims for 3.5% economic growth in 2025, up from this year’s 2.7% forecast, with plans to implement additional stimulus measures,...

Business leaders in Thailand are set to meet with the Bank of Thailand governor on November 14 to discuss new financial measures aimed at...