

Vietnam’s economy set to grow 5.5% in 2024
Vietnam’s economy is poised to grow by 5.5% in 2024 and 6% in 2025, driven by recovery signs and stronger exports, according to a World...
Apr 25, 2024


Global hedge fund assets hit record USD4.3tr in Q1
The global hedge fund industry ended the first quarter with a record USD4.3tr in assets, data provider HFR said on Monday. The industry...
Apr 23, 2024


China’s deals slowdown hits HK’s investment banking sector
Hong Kong investment bankers face potential job cuts amid a deal slowdown in China, according to Bloomberg Intelligence. About 200...
Apr 23, 2024


Hong Kong unemployment edges up to 3% in March quarter
Hong Kong’s unemployment rate rose slightly to 3% in the March quarter, with an increase of 9,400 unemployed persons. Unemployment rates...
Apr 22, 2024


Banking sector faces AI, ML Risks, Basel committee chair warns
Banks must manage risks associated with using artificial intelligence (AI) and machine learning (ML) in their operations, stated Bank of...
Apr 19, 2024


IMF projects steady global growth at 3.2% through 2025
The International Monetary Fund (IMF) forecasts global economic growth to remain steady at 3.2% for 2024 and 2025, supported by robust...
Apr 18, 2024


China’s economy grows 5.3% in Q1, exceeding expectations
China’s economy exceeded expectations in the first quarter of the year, growing at an annual rate of 5.3%, surpassing forecasts of 4.8%,...
Apr 17, 2024


Singapore SMEs face continued challenges
Small and medium-sized enterprises (SMEs) in Singapore remained in contraction for the fifth consecutive quarter, with the OCBC SME Index...
Apr 17, 2024


Vietnamese banks report strong Q1 growth
In Q1 of 2024, several banks in Vietnam reported strong performance indicators, highlighted by significant credit growth. SeABank...
Apr 16, 2024


Green investments in SE Asia rise 20% to USD6.3bn in 2023
Private sector investments in Southeast Asia’s green economy rose 20% to USD6.3bn in 2023, from USD5.2bn the previous year, according to...
Apr 16, 2024


Singapore condemns air strikes on Israel, urges restraint
Singapore has condemned recent air attacks on Israel, attributing them to Iran as retaliation for an Israeli strike on Iran’s consulate...
Apr 15, 2024


Japan aims to reclaim tech leadership with major US investments
Japan’s push to reclaim its tech leadership could hinge on embracing rapid innovation and expanding its tech sectors like AI,...
Apr 15, 2024


Vietnam’s insurance revenue falls 4.3% in Q1 2024
In the first quarter of 2024, Vietnam’s insurance premium revenue declined by 4.3% to VND53.29tr (USD2.11bn), marking the fourth...
Apr 12, 2024


KKR, HSBC see revived confidence in China’s economy
Despite global investors withdrawing billions, KKR & Co. and HSBC Asset Management maintain a positive outlook on China, observing signs...
Apr 12, 2024


SE Asia growth to offset China’s economic slowdown: ADB report
The Asian Development Bank (ADB) reported that growth in Southeast Asia and South Asia is set to counterbalance China’s economic...
Apr 12, 2024


Hong Kong’s economic growth forecast to slow to 1.7%
Hong Kong’s economic growth is expected to slow to 1.7% this quarter, mainly due to high-interest rates, according to the University of...
Apr 11, 2024


Taiwan’s President-elect Lai names Cho Jung-tai as new premier
Taiwan’s president-elect Lai Ching-te announced the appointment of Cho Jung-tai, a former chairperson of the Democratic Progressive Party...
Apr 11, 2024


US and China boost cooperation on financial stability
The US and China are enhancing their collaboration on financial stability, with plans for more simulations following a recent joint...
Apr 10, 2024


Philippines to post fastest GDP growth in ASEAN+3 this year and next
The Philippines is poised to outpace ASEAN member countries, China, Japan, South Korea, and Hong Kong in economic growth for 2024 and...
Apr 10, 2024


Thailand proposes joint visa programme with Southeast Asian neighbours
Thailand’s Prime Minister Srettha Thavisin is spearheading a joint-visa programme with Cambodia, Laos, Malaysia, Myanmar and Vietnam to...
Apr 8, 2024







