

Temasek, Saudi's PIF lead Moody's intrinsic credit quality rankings
Singapore's Temasek Holdings and Saudi Arabia's Public Investment Fund (PIF) have the strongest intrinsic credit quality among 11...
Oct 22, 2024


China’s Q3 growth hits six-quarter low
China’s economy likely recorded its weakest growth in six quarters, with third-quarter expansion expected at 4.5%, according to...
Oct 18, 2024


HSBC reviews China wealth business amid rising costs
HSBC Holdings Plc is reviewing expenses and operational controls at its China digital wealth business, Pinnacle, potentially leading to...
Oct 17, 2024


Hong Kong tops global economic freedom ranking
Hong Kong has been ranked as the world’s freest economy in the Fraser Institute’s Economic Freedom of the World: 2024 Annual Report,...
Oct 17, 2024


Thailand's One Asset Management launches TIREIT units as economy rebounds
One Asset Management (ONEAM) is set to offer units of the Thai Industrial Real Estate Investment Trust (TIREIT) to general investors from...
Oct 15, 2024


China's boom nears ending, says AustralianSuper CIO
China's recent stimulus measures might help stabilise its property crisis, but investors should prepare for the end of the country's...
Oct 15, 2024


Hong Kong ranks 15th in global wealth, trails Singapore
Hong Kong ranks 15th in global wealth, trailing Singapore at 4th and Taiwan at 14th, according to Forbes’ list based on IMF estimates of...
Oct 11, 2024


Vietnam’s Q3 GDP growth accelerates to 7.4%, surpassing forecasts
Vietnam’s economy expanded by 7.4% in the third quarter compared to the same period last year, exceeding the 6.1% median estimate from a...
Oct 9, 2024


China confident of meeting annual growth target
China is confident it can maintain steady and healthy economic growth and achieve its full-year growth target, the country’s top economic...
Oct 8, 2024


Insurance industry braces for increased risks
The global insurance industry is facing heightened risks due to escalating geopolitical conflicts and the increasing severity of natural...
Oct 8, 2024


World Bank raises Malaysia's 2024 growth forecast to 4.9%
The World Bank Group has upgraded Malaysia’s economic growth forecast for 2024 to 4.9%, up from an initial 4.3% projected in April....
Oct 7, 2024


Hong Kong poised to surpass Switzerland as top wealth hub
Hong Kong is set to overtake Switzerland as the world’s leading destination for wealth management by 2027-28, according to government...
Oct 7, 2024


South Korea and Singapore to establish strategic partnership in 2025
South Korean President Yoon Suk Yeol announced that South Korea and Singapore will enter into a strategic partnership next year, marking...
Oct 7, 2024


Japan’s business sentiment steady in Q3, tankan survey shows
Business sentiment among Japan’s large manufacturers remained unchanged in the latest quarter, according to the Bank of Japan’s tankan...
Oct 4, 2024


IMF lowers Philippines GDP growth forecast amid persistent inflation
The International Monetary Fund (IMF) has reduced its economic growth projections for the Philippines, citing ongoing high inflation that...
Oct 3, 2024


Indonesia stock exchange sees significant growth in investor base
As of September 2024, the Indonesia Stock Exchange (IDX) reported a total of 6 million stock investors, up by over 744,000 from 2023....
Oct 2, 2024


South Korean credit cooperatives host UN forum on digital financial inclusion
The Korean Federation of Community Credit Cooperatives (KFCC) partnered with the United Nations to hold an international forum in Jeju...
Sep 30, 2024


China backs cross-border financing in Hong Kong
China’s state economic planner, the National Development and Reform Commission (NDRC), pledged to support more mainland companies seeking...
Sep 27, 2024


OECD forecasts global GDP growth stabilising at 3.2% in 2024-2025
Global GDP growth is expected to stabilise at 3.2% in both 2024 and 2025, with inflation continuing to ease, the Organisation for...
Sep 27, 2024


Hong Kong now top financial hub in Asia-Pacific
Hong Kong has risen to third globally and first in the Asia-Pacific region in the Global Financial Centers Index (GFCI) 36 Report,...
Sep 26, 2024

