

China, ASEAN seal trade deal upgrade
China and the Association of Southeast Asian Nations (ASEAN) have concluded talks on an upgraded free trade agreement that expands into...
May 23, 2025


Hong Kong’s rich under pressure to sell homes amid debt squeeze
Hong Kong’s wealthy families are unloading luxury homes as property values slump and debt pressures mount. A sea-view villa once owned by...
May 23, 2025


HK’s finance chief urges family businesses to embrace sustainability
Hong Kong Financial Secretary Paul Chan called on family businesses to take a leading role in sustainability, urging them to scale green...
May 22, 2025


74% of Singapore HNW clients want AI in wealth advice says EY
High-net-worth clients in Singapore are leading global expectations for AI integration in wealth management, with 74% expecting their...
May 22, 2025


Philippines emerges as US ‘friendshoring’ hub, HSBC says
The Philippines is emerging as a key “friendshoring” destination for the US and a secondary hub for China-based companies, HSBC Global...
May 22, 2025


Japan's Kato eyes FX talks with US Treasury amid trade tensions
Japanese Finance Minister Katsunobu Kato said he plans to discuss foreign exchange matters with US Treasury Secretary Scott Bessent,...
May 20, 2025


Thailand GDP beats forecast on pre-tariff orders
Thailand’s economy grew 3.1% year-on-year in Q1, beating expectations as businesses rushed orders ahead of a possible 36% US tariff, the...
May 20, 2025


Hong Kong’s finance jobs rebound as IPOs recover
Hong Kong’s investment banking job market is showing signs of recovery, with licensed finance professionals rising to 42,254 in February...
May 16, 2025


South Korea, US step up trade ties with new pact
The Korea Trade-Investment Promotion Agency (KOTRA) and the American Chamber of Commerce in Korea (AMCHAM) signed a strategic partnership...
May 16, 2025


US–China slash tariffs, lift stocks on de‑escalation deal
Global equities rallied on Monday after weekend talks in Switzerland produced a provisional US‑China accord that slashes tit‑for‑tat...
May 15, 2025


Asian family offices trim US stakes on Trump tariff risk
A growing number of Asian family offices are paring US assets as President Donald Trump’s tariff‑driven policy shifts rattle confidence...
May 13, 2025


Thailand cuts growth forecast on US tariff impact
Thailand’s economy is projected to grow between 2.0% and 2.2% in 2024, down from an earlier forecast of 2.4% to 2.9%, due to pressure...
May 9, 2025


Vietnam pushes banks to build global brands
Vietnam’s central bank is urging domestic banks to adopt long-term brand strategies to enhance global competitiveness, with a goal of...
May 8, 2025


ASEAN+3 launches crisis lending facility
Finance ministers from Japan, China, South Korea, and the 10 ASEAN countries have agreed to launch a new emergency lending facility under...
May 7, 2025


Taiwan average household wealth nears USD590K
Taiwan’s average net household wealth hit a record NTD18.89m (USD589,999) in 2023, up 6.56% from a year earlier, driven by gains in...
May 5, 2025


Asia to lead global financial inclusion in 2024, analysts say
Asia’s financial inclusion rate is projected to reach 69.5% in 2024, surpassing the global average of 67.4%, according to a newly...
May 2, 2025


HKMA taps cargo data to streamline trade financing
The Hong Kong Monetary Authority (HKMA) has launched CargoX, a new initiative aimed at helping banks better assess companies for trade...
May 1, 2025


South Korea’s financial literacy tops OECD average despite decline
South Korean adults scored higher than the OECD average in financial literacy despite a slight decline from previous years, a survey by...
May 1, 2025


World Bank sees Philippines reaching upper middle-income status by 2027
The Philippines is more likely to achieve upper middle-income status by 2027, a year later than the government’s 2026 target, the World...
May 1, 2025


California overtakes Japan as world’s fourth-largest economy
California has surpassed Japan and would be the world’s fourth-largest economy if it were a country, with nominal GDP reaching USD4.1tr...
Apr 29, 2025

