

Apac M&A activity hits 11-year low, down 26% YoY
Mergers and acquisitions (M&A) activity in the Asia-Pacific (Apac) region has significantly declined, reaching an 11-year low of USD179bn...
Jun 12, 2024


Philippines economic outlook revised following slow Q1
The International Monetary Fund (IMF) has adjusted its growth forecast for the Philippines, now projecting a 6% GDP increase for this...
Jun 11, 2024


HKEX urges investors not to fear over market negativity
Hong Kong Exchanges and Clearing deputy chief executive Wilfred Yiu encouraged investors not to be deterred by negative remarks about...
Jun 10, 2024


Hong Kong banks see surge in mainland Chinese clients
HSBC Holdings Plc and other Hong Kong banks reported a surge in new accounts from mainland Chinese in the first quarter, with over...
Jun 6, 2024


South Korea surges 1.3% in Q1, fastest in two years
South Korea’s economy grew 1.3% in the first quarter of 2024, the fastest pace in over two years, driven by a robust recovery in exports...
Jun 6, 2024


Nium secures USD50m for cross-border payment expansion
Nium, a Singapore-based real-time cross-border payments company, announced that it raised USD50m in a Series E funding round, valuing the...
Jun 6, 2024


Thailand’s central bank prioritises credit access for SMEs
Thailand’s deputy central bank governor highlighted the urgent need to address credit access issues for small and medium-sized...
Jun 5, 2024


Malaysia’s retirement system needs urgent reform, says PM
Prime Minister Datuk Seri Anwar Ibrahim emphasised the need for comprehensive reforms in Malaysia’s pension system to ensure equitable...
Jun 5, 2024


KKR eyes entry into Japan’s private credit market
KKR & Co. is exploring the possibility of entering Japan’s private credit market, aiming to offer an alternative to traditional bank...
Jun 4, 2024


BNPL to account for 2% of total spending in Singapore by 2027
Buy now, pay later (BNPL) services will continue as a key payment option in Singapore, maintaining a steady 2% of total spending by 2027,...
May 31, 2024


IMF upgrades China’s growth forecast
The International Monetary Fund (IMF) has raised its economic growth forecast for China to 5% this year, up from 4.6%, following a strong...
May 31, 2024


Bank of Singapore forms global investment advisory council
The Bank of Singapore, OCBC’s private banking arm, has launched an independent investment advisory council composed of global experts...
May 30, 2024


Taiwan sees economic uptick as business climate monitor shifts
Taiwan’s business climate monitor hit ‘yellow-red’, indicating a slight economic boom for the first time in two years, reported the...
May 29, 2024


South Korea’s finance minister plans bilateral talks with Japan, China
South Korean Finance Minister and Deputy Prime Minister Choi Sang-mok announced plans for bilateral meetings with his Japanese and...
May 29, 2024


Vietnam’s foreign investment pledges drop 42% in May
Foreign investment pledges to Vietnam fell 42% to USD1.8bn in May, compared to April, signaling potentially reduced future inflows for...
May 28, 2024


Nearly 99,000 enterprises enter Vietnamese market in early 2024
In the first five months of this year, 98,825 enterprises either entered or re-entered the market in Vietnam, marking a 4.1% increase...
May 27, 2024


Japan seeks foreign investment with market reforms
Japanese Prime Minister Fumio Kishida urged foreign investment on Wednesday, pledging capital market reforms and promoting asset...
May 24, 2024


Singapore maintains 2024 growth forecast at 1-3%
Singapore has maintained its 2024 full-year growth forecast at 1-3%, citing a resilient external demand outlook, the Ministry of Trade...
May 24, 2024


Morgan Stanley says Tokyo catches up with Singapore, HK
Morgan Stanley’s Asia CEO said Tokyo is catching up with rival financial hubs as Japan’s economy exits decades-long deflation, enhancing...
May 23, 2024


China’s fiscal revenue falls 2.7% in early 2024
China’s fiscal revenue fell 2.7% in the first four months of 2024, following a 2.3% drop in the January-March period, signaling an uneven...
May 21, 2024







