

4 days ago
Singapore leads ASEAN gold demand as prices soar
Singapore investors led gold demand growth in ASEAN, purchasing 6.5 tonnes of gold bars and coins in 2024, up 22% from 2023, the World...


4 days ago
South Korea to launch alternative stock trading platform in March
South Korea will launch an alternative trading system, Nextrade (NXT), in March to enhance efficiency and convenience in securities...


4 days ago
Vietnam extends tax relief measures to boost economy in 2025
Vietnam has extended and expanded tax relief programmes for 2025 to support businesses and drive economic growth, the Ministry of Finance...


4 days ago
Citi Taiwan gets new CEO as Aftab Ahmed retires
Citi appointed Christie Chang as CEO and chair of Citibank Taiwan Limited, pending regulatory approval. She will drive business growth...


5 days ago
HKEX sees over 100 IPO applications amid market optimism
Hong Kong Exchanges and Clearing (HKEX) chairman Carlson Tong Ka-shing said he remains cautiously optimistic about the city’s IPO market...


5 days ago
Vietnam’s Da Nang aims to become regional financial hub by 2050
Vietnam’s Da Nang city aims to develop at least five financial technology (FinTech) firms with annual revenues exceeding VND1tr (USD40m)...


5 days ago
Indonesia to shift USD61bn in state assets to new investment fund
Indonesia plans to transfer at least USD61bn in state assets into a new investment fund, Daya Anagata Nusantara (Danantara), which will...


5 days ago
South Korea to tighten bank oversight after loan scandals
South Korea’s Financial Supervisory Service (FSS) said it will tighten oversight of banks and take action against weak internal controls...


6 days ago
Hong Kong growth slows to 2.5% in 2024
Hong Kong’s economic growth slowed to 2.5% in 2024, down from 3.2% the previous year, as residents spent more outside the city, the...


6 days ago
Japan’s MUFG targets sustainable growth as profit surges
Japan’s largest lender Mitsubishi UFJ Financial Group is on track for record net income of JPY1.75tr (USD11bn) this fiscal year, buoyed...


6 days ago
Thailand’s Asia Plus shifts to wealth management
As Thailand’s stock market sees trading values drop from an average THB50bn (USD1.485bn) in 2024 to around THB30bn-40bn, Asia Plus Group...


6 days ago
J.P. Morgan appoints new CEO for Japan asset management arm
J.P. Morgan Asset Management has appointed Kaguya Komatsu as CEO of its Japan business, effective March 2025, succeeding Shoichi Ohkoshi,...


Feb 4
Asset manager PineBridge names Angie Ng as Malaysia CEO
Global asset manager PineBridge Investments has appointed Angie Ng as Chief Executive Officer for Malaysia and Managing Director,...


Feb 4
Planned Great Eastern-AmMetLife merger called off
Great Eastern’s Malaysian subsidiaries have scrapped their planned acquisition of AmMetLife Insurance and AmMetLife Takaful, the insurer...


Feb 4
Barrenjoey opens HK office to grow Asia presence
Sydney-based investment bank Barrenjoey has opened an office in Hong Kong, its second overseas location after Abu Dhabi, to expand...


Feb 4
Hong Kong sees surge in family offices, Deloitte
Wealth management and family offices will be a key growth driver for Hong Kong as many prominent Asian families look to establish...


Feb 3
HK accounting body calls for better ESG practices
More than half of Hang Seng Index firms voluntarily released sustainability reports in 2024, but most received only limited assurance,...


Feb 3
Taiwan eases regulations to boost asset management hub ambitions
Taiwan is advancing financial deregulation to expand its asset management sector and attract more private banking clients, Financial...


Feb 3
HSBC to wind down investment banking in Europe, UK, and the Americas
HSBC Holdings will scale back its investment banking operations in Europe, the UK, and the Americas as part of CEO Georges Elhedery’s...


Feb 3
Singapore’s reinsurance market poised for growth in 2025
Singapore’s reinsurance market is set for strong growth in 2025 as the government seeks to solidify the country’s position as a leading...