

China restricts US-bound investments
China has restricted local firms from making new investments in the United States, people familiar with the matter said, in a move that...
2 days ago


Hong Kong IPO market may enter global top 3 – Deloitte
Hong Kong may host a mega IPO as early as this quarter and could rank among the top three global IPO markets by fundraising in 2025,...
5 days ago


Japan central bank remains cautious on rate hikes
Bank of Japan governor Kazuo Ueda has made cautious remarks, signalling no rate hike next month, prompting the yen to weaken. Ueda said...
Dec 27, 2024


South Korean economy grows 6.9% per year since 1954
South Korea’s economy grew at an annualised average of nearly 7% after a revision in the base year for economic growth data, central bank...
Dec 20, 2024


Philippine conglomerate The Kho Group to set up family office in HK
The Kho family, which established the 40-year-old conglomerate The Kho Group (TKG) in the Philippines, is setting up a family office in...
Dec 13, 2024

HK offers tax breaks to family offices investing in alt assets
Hong Kong plans to waive taxes on investment gains from cryptocurrencies and other alternative assets for hedge funds, private equity...
Dec 3, 2024


Chinese firms turn to family offices amid economic slowdown
Chinese and Hong Kong companies facing a slowdown in China's economy are establishing family office businesses to create new revenue...
Nov 26, 2024


IMF warns trade tensions threaten Asia's economic prospects
The International Monetary Fund (IMF) cautioned that escalating trade tensions and retaliatory tariffs could undermine Asia's economic...
Nov 22, 2024


Wealthy Indian families set up family offices in Singapore
An increasing number of affluent Indian families are establishing family offices in Singapore, joining the Ambani family who did so in...
Nov 11, 2024


Singapore eyes stronger ties with Trump administration
Singapore is ready to work with incoming US President Donald Trump and his administration to enhance bilateral ties and fortify the US...
Nov 8, 2024

Global ETF market sets new record with 1,426 launches
The global ETFs industry saw a record 1,426 new product listings in the first nine months of 2024, according to ETFGI. After accounting...
Oct 29, 2024


Singapore sees no surge in family offices from emerging markets
Singapore's Deputy Prime Minister and Minister for Trade and Industry, Gan Kim Yong, stated that while many of the Single Family Offices...
Oct 21, 2024


HK’s Chief Executive 2024 Policy Address supported by Raffles Family Office
Hong Kong Chief Executive, John Lee Ka-chiu, has released The Chief Executive 2024 Policy Address on 16 October in which enhancements...
Oct 18, 2024


Family offices shift from cash to risk assets, optimistic on returns
Family offices worldwide have significantly increased their exposure to risk assets in 2024, moving away from cash holdings, according to...
Oct 7, 2024


Azure Capital secures funding for multifamily growth in China
Azure Capital Partners, backed by Hong Kong-listed H World Group Limited and leading institutional investors, has secured new investment...
Oct 4, 2024


Wrise expands Hong Kong presence amid family office boom
Wrise, a wealth management platform targeting clients from Asia and the Middle East, has expanded its Hong Kong presence amid a rise in...
Sep 24, 2024


Hong Kong’s family office summit draws increased global interest
Hong Kong’s efforts to attract family offices are gaining traction, evidenced by increased attendance at the latest summit hosted by the...
Sep 17, 2024


Deloitte signs 50 deals to support family offices in Hong Kong
Deloitte has signed around 50 engagement letters since May 2023 to assist family offices from mainland China and Southeast Asia in...
Sep 12, 2024


Christopher Cheng named co-CEO in HK family office shake-up
Hong Kong billionaire Henry Cheng’s family office has appointed his son, Christopher Cheng, as co-chief executive, overseeing North Asia...
Sep 3, 2024


Nomura recruits talent in wealth management expansion
Nomura Holdings Inc.’s wealth management unit is expanding after a major overhaul that shifted focus from mass retail to wealthy clients....
Aug 29, 2024