

4 days ago
Singapore leads ASEAN gold demand as prices soar
Singapore investors led gold demand growth in ASEAN, purchasing 6.5 tonnes of gold bars and coins in 2024, up 22% from 2023, the World...


Feb 4
Planned Great Eastern-AmMetLife merger called off
Great Eastern’s Malaysian subsidiaries have scrapped their planned acquisition of AmMetLife Insurance and AmMetLife Takaful, the insurer...


Feb 3
HSBC to wind down investment banking in Europe, UK, and the Americas
HSBC Holdings will scale back its investment banking operations in Europe, the UK, and the Americas as part of CEO Georges Elhedery’s...


Feb 3
Singapore’s reinsurance market poised for growth in 2025
Singapore’s reinsurance market is set for strong growth in 2025 as the government seeks to solidify the country’s position as a leading...

Jan 30
Vietnam proposes fintech sandbox for financial centres
Vietnam’s Ministry of Planning and Investment (MPI) has proposed a regulatory sandbox for fintech activities under a draft resolution to...


Jan 29
Thailand’s non-life insurance set for growth of 250%
Thailand’s non-life insurance market, currently valued at THB180bn, could grow 2.5 times to THB734bn, boosting the penetration rate to 6%...


Jan 27
China directs insurers to boost stock investments
China announced plans to direct large state-owned insurers and commercial insurance funds to increase investments in mainland-listed...


Jan 24
Morgan Stanley expands in China with new futures arm
Morgan Stanley has officially launched its futures company in China, Morgan Stanley Futures (China), headquartered in Beijing. The...


Jan 22
Singapore, India collaborate on global insurtech centre
Singapore and Odisha’s Electronics and Information Technology Department signed an MoU to establish the Global Competency Centre for...


Jan 21
HK billionaire Kadoorie leads USD50m push to rebuild city’s reputation
Hong Kong billionaire Michael Kadoorie is raising at least USD50m to improve the city’s image, people familiar with the matter told...


Jan 20
Vietnam’s insurance targets for 2025 likely to be adjusted down
Vietnam’s government may lower its 2025 targets for the life insurance sector, citing challenges in achieving them, according to industry...


Jan 20
South Korean insurers face losses from LA wildfire
South Korean insurers, led by DB Insurance and Korean Re, are anticipating losses of about KRW90bn (USD61.8m) from the massive Los...


Jan 17
AFF 2025 wraps up, draws 3,600 global leaders
The 18th Asian Financial Forum (AFF) concluded on January 14, drawing over 3,600 policymakers and business leaders from 50+ countries to...


Jan 16
South Korean insurers strengthen capital ratios
South Korean insurance companies improved their risk-based capital (RBC) ratio in the third quarter of last year, reaching 218.3% at the...


Jan 15
HK’s Asian Financial Forum attracts 3,600 global leaders
The 18th Asian Financial Forum (AFF) officially kicked off on January 13, 2025, at the Hong Kong Convention and Exhibition Centre....


Jan 13
Taiwan eases real estate rules for life insurers
Taiwan’s Financial Supervisory Commission (FSC) has eased rules for life insurers investing in real estate by lowering the minimum yield...


Jan 3
Asia First and Startups Community Asia Ltd Unite to Empower Entrepreneurs and Investors
Startups Community Asia Ltd , which operates leading platform for entrepreneurs, StartHub Asia, and Asia First , a prominent source for...


Jan 3
Vietnam set to finalise Mobile Money rules
An official legal framework for Mobile Money is expected in early 2025 to boost cashless payments in rural and remote areas, as the pilot...


Dec 31, 2024
Vietnam’s big four banks report strong 2024 results
Vietnam’s four largest banks—BIDV, Vietcombank, VietinBank, and Agribank—reported positive preliminary results for 2024, with asset...

Dec 27, 2024
Crypto outpaces stocks in South Korea, new highs reached
South Korea’s crypto market surged in November, with trading volumes rivalling the stock market and over 15 million accounts, fuelled by...