

Singapore offers to host 2030 APEC summit
Singapore has offered to host the Asia-Pacific Economic Cooperation (APEC) summit in 2030, Prime Minister Lawrence Wong announced on...
Nov 18, 2024

Thai GDP growth forecast at 2.8% in 2025
Thailand's economy is projected to sustain moderate growth in 2025 despite external risks, the National Economic and Social Development...
Nov 18, 2024


HKMA, partners inject USD500m into Asia climate investment fund
The Hong Kong Monetary Authority (HKMA) and three multilateral organisations are investing at least USD500m into the Actis Asia Climate...
Nov 12, 2024


Taiwan's financial firms reduce US exposure in Q3
Taiwanese financial holding companies reduced their exposure to the US by over TWD165bn (USD5.14bn) in the third quarter, though the US...
Nov 12, 2024


HSBC launches margin financing for wealthy clients in China
HSBC Qianhai Securities has introduced margin financing services for high and ultra-high net worth individuals in mainland China,...
Nov 11, 2024


Hong Kong survey shows regtech boosts AML capabilities
Over 80% of 50 surveyed companies reported that regulatory technology has strengthened their anti-money laundering (AML) capabilities,...
Nov 6, 2024


Singapore’s MAS advances tokenisation in financial services
The Monetary Authority of Singapore (MAS) announced new initiatives to promote tokenization in financial services, aiming to deepen asset...
Nov 5, 2024


Singapore's life insurers maintain strong capital buffers
Singapore's nine key life insurers are maintaining healthy capital buffers, with almost all achieving capital adequacy ratios (CAR) of at...
Nov 5, 2024


Indonesia boosts sharia economy to strengthen growth
Indonesia is emphasising the strategic role of sharia economics and finance in driving sustainable economic growth amid complex global...
Nov 1, 2024


Thailand directs digital asset operators to combat money laundering
Thailand’s Securities and Exchange Commission (SEC) has instructed digital asset operators to file suspicious transaction reports to...
Nov 1, 2024


Money managers reduce exposure to Japan, Hong Kong pre US election
Investors in Asia are selling yen and seeking refuge in cash, Indian and select Chinese markets, and Singapore dollars ahead of the U.S....
Oct 31, 2024


IMF projects 6.1% growth for Vietnam in 2025
The International Monetary Fund's (IMF) updated World Economic Outlook 2025 projects Vietnam's economy to grow by 6.1% next year,...
Oct 25, 2024


China conducts first SFISF operation worth CNY50bn
The People's Bank of China (PBOC) has executed the first operation of the Securities, Funds and Insurance Companies Swap Facility...
Oct 24, 2024


10% of Exchange Fund invested in sustainable assets, says HKMA
The Hong Kong Monetary Authority (HKMA) announced that 10% of the Exchange Fund's investments are in sustainable assets and expects the...
Oct 22, 2024


China’s Q3 growth hits six-quarter low
China’s economy likely recorded its weakest growth in six quarters, with third-quarter expansion expected at 4.5%, according to...
Oct 18, 2024


China enforces tax on ultrarich's overseas investment gains
China has begun enforcing a long-overlooked tax on overseas investment gains made by the country's ultra-wealthy individuals, according...
Oct 16, 2024


China's boom nears ending, says AustralianSuper CIO
China's recent stimulus measures might help stabilise its property crisis, but investors should prepare for the end of the country's...
Oct 15, 2024


ASEAN-BAC unveils IPO plan to boost regional investment
The ASEAN Business Advisory Council (ASEAN-BAC) has unveiled key initiatives for Malaysia’s chairmanship next year, including an IPO...
Oct 11, 2024


China sets terms for merger to create USD226bn brokerage
Guotai Junan Securities and Haitong Securities have outlined their proposed merger to form a state-backed brokerage with USD226bn assets....
Oct 11, 2024


Vietnam’s Q3 GDP growth accelerates to 7.4%, surpassing forecasts
Vietnam’s economy expanded by 7.4% in the third quarter compared to the same period last year, exceeding the 6.1% median estimate from a...
Oct 9, 2024