

Hong Kong eyes AI in finance, extends crypto tax breaks
Hong Kong introduced its first policy guidelines on AI in finance and floated a tax break for virtual assets, aiming to bolster its...
Oct 29, 2024


Global ETF market sets new record with 1,426 launches
The global ETFs industry saw a record 1,426 new product listings in the first nine months of 2024, according to ETFGI. After accounting...
Oct 29, 2024


Hong Kong hosts three major regional finance events in last week of October
The final week of October sees Hong Kong attract regional and international asset managers and private wealth executives with three...
Oct 25, 2024


Global risks prompt calls for portfolio diversification
Global economic risks are mounting due to the US election, China’s uncertain economic recovery, and broad geopolitical tensions,...
Oct 25, 2024


10% of Exchange Fund invested in sustainable assets, says HKMA
The Hong Kong Monetary Authority (HKMA) announced that 10% of the Exchange Fund's investments are in sustainable assets and expects the...
Oct 22, 2024


Asia-Pacific cross-border investment soars 15.7% in Q3 2024
Cross-border investment in Asia-Pacific reached USD36.3bn in Q3 2024, reflecting a 15.7% year-on-year increase, according to Knight...
Oct 17, 2024


Philippine stock exchange to miss IPO target amid market conditions
The Philippine Stock Exchange (PSE) is expected to miss its target of six initial public offerings (IPOs) this year, having completed...
Oct 16, 2024


Digital wealth platform Arta Finance launches in Singapore
Arta Finance, a digital wealth platform aimed at democratising access to investment capabilities traditionally reserved for the...
Oct 14, 2024


Singapore attracts USD4.1bn in H1 investments
Singapore secured SGD5.4bn (USD4.1bn) in fixed asset investment (FAI) commitments in the first half of 2024, keeping the Economic...
Oct 14, 2024


ASEAN-BAC unveils IPO plan to boost regional investment
The ASEAN Business Advisory Council (ASEAN-BAC) has unveiled key initiatives for Malaysia’s chairmanship next year, including an IPO...
Oct 11, 2024


Thailand poised as SE Asia’s digital hub with major investments
Thailand is set to become a digital economic hub in Southeast Asia, driven by the expansion of domestic data centres and cloud services,...
Oct 4, 2024


AUM at China’s public offering funds surpass USD4.4tr
The net value of assets under management for China’s public offering funds exceeded CNY30.9tr (USD4.41tr) by the end of August, according...
Oct 3, 2024


HSBC-IFC joint fund targets emerging market bonds
HSBC Holdings Plc’s asset management unit is partnering with the International Finance Corp (IFC) to launch a joint fund supporting...
Oct 3, 2024


China’s stock market surges on Beijing’s stimulus, investors flock to equities
China’s stock market experienced a dramatic rally in Q3 2024, driven by Beijing’s latest policy measures and investor fear of missing...
Oct 2, 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


Citi survey shows Asian family offices bullish on equities, AI investments
Citi Private Bank’s 2024 Family Office Survey reveals Asian family offices remain optimistic despite global uncertainties. The Asia...
Oct 1, 2024


SG's Matrixport acquires Crypto Finance’s asset management unit
Matrixport, a Singapore-based crypto financial services platform with over 290 employees serving more than 40 countries, has acquired...
Oct 1, 2024


Asset manager BlackRock targets Asia’s infrastructure growth
BlackRock Inc is pursuing substantial infrastructure investments in Asia to support the booming artificial intelligence (AI) sector and...
Oct 1, 2024


SE Asia ESG funds see Q2 net outflows
Environmental, social and governance (ESG) funds in South-east Asia experienced their second consecutive quarter of net outflows in Q2...
Sep 30, 2024


Japan set for major IPOs
Japan is gearing up for larger initial public offerings (IPOs) in the coming months, revitalising a market that has predominantly seen...
Sep 30, 2024