3 days ago
Morgan Stanley expands in China with new futures arm
Morgan Stanley has officially launched its futures company in China, Morgan Stanley Futures (China), headquartered in Beijing. The...
5 days ago
Singapore, India collaborate on global insurtech centre
Singapore and Odisha’s Electronics and Information Technology Department signed an MoU to establish the Global Competency Centre for...
6 days ago
HK billionaire Kadoorie leads USD50m push to rebuild city’s reputation
Hong Kong billionaire Michael Kadoorie is raising at least USD50m to improve the city’s image, people familiar with the matter told...
Jan 20
Vietnam’s insurance targets for 2025 likely to be adjusted down
Vietnam’s government may lower its 2025 targets for the life insurance sector, citing challenges in achieving them, according to industry...
Jan 20
South Korean insurers face losses from LA wildfire
South Korean insurers, led by DB Insurance and Korean Re, are anticipating losses of about KRW90bn (USD61.8m) from the massive Los...
Jan 17
AFF 2025 wraps up, draws 3,600 global leaders
The 18th Asian Financial Forum (AFF) concluded on January 14, drawing over 3,600 policymakers and business leaders from 50+ countries to...
Jan 16
South Korean insurers strengthen capital ratios
South Korean insurance companies improved their risk-based capital (RBC) ratio in the third quarter of last year, reaching 218.3% at the...
Jan 15
HK’s Asian Financial Forum attracts 3,600 global leaders
The 18th Asian Financial Forum (AFF) officially kicked off on January 13, 2025, at the Hong Kong Convention and Exhibition Centre....
Jan 13
Taiwan eases real estate rules for life insurers
Taiwan’s Financial Supervisory Commission (FSC) has eased rules for life insurers investing in real estate by lowering the minimum yield...
Jan 3
Asia First and Startups Community Asia Ltd Unite to Empower Entrepreneurs and Investors
Startups Community Asia Ltd , which operates leading platform for entrepreneurs, StartHub Asia, and Asia First , a prominent source for...
Jan 3
Vietnam set to finalise Mobile Money rules
An official legal framework for Mobile Money is expected in early 2025 to boost cashless payments in rural and remote areas, as the pilot...
Dec 31, 2024
Vietnam’s big four banks report strong 2024 results
Vietnam’s four largest banks—BIDV, Vietcombank, VietinBank, and Agribank—reported positive preliminary results for 2024, with asset...
Dec 27, 2024
Crypto outpaces stocks in South Korea, new highs reached
South Korea’s crypto market surged in November, with trading volumes rivalling the stock market and over 15 million accounts, fuelled by...
Dec 25, 2024
XTransfer, OCBC partner to boost cross-border payments
XTransfer, a China-based B2B cross-border trade payment platform, has partnered with OCBC, Southeast Asia’s second-largest financial...
Dec 24, 2024
Prudential, HSBC Vietnam partner on bancassurance
Prudential Vietnam Assurance and HSBC Vietnam have formed a bancassurance partnership to address growing demand for protection and wealth...
Dec 24, 2024
HKMA launches GenAI sandbox with banks, tech firms
The Hong Kong Monetary Authority (HKMA) has unveiled the first participants in its generative artificial intelligence (genAI) sandbox,...
Dec 18, 2024
Allianz withdraws USD1.6bn income insurance offer
Munich-based Allianz has withdrawn its pre-conditional voluntary cash general offer to acquire at least 51% of Singapore’s Income...
Dec 16, 2024
Nippon Life to ink largest Japanese insurance takeover deal
Japanese insurance major Nippon Life has agreed to acquire all the shares it does not own in Resolution Life for about USD8.2bn, the...
Dec 12, 2024
South Korea’s Hanwha launches financial AI centre in US
Hanwha Group’s financial subsidiaries have opened the Hanwha AI Center in San Francisco, marking the first AI research hub in the city by...
Dec 10, 2024
South Korea, Indonesia deepen general insurance partnership
South Korea’s and Indonesia’s general insurance industries are strengthening ties following a new memorandum of understanding (MOU)...