

Nomura sets 20% revenue target for global markets unit
Nomura Holdings Inc. is targeting a 20% revenue increase for its global markets unit over the coming years, moving past setbacks like the...
May 8, 2024


GXBank, Zurich launch partnership for inclusive insurance in Malaysia
GX Bank Berhad (GXBank), backed by Grab, alongside Zurich General and Life Insurance Malaysia, has announced a decade-long exclusive...
May 7, 2024


AEON Bank and Visa collaborate to boost digital payments in Malaysia
AEON Bank, Malaysia’s inaugural Islamic digital bank, has partnered with Visa to revolutionise digital payments and enhance cashless...
May 6, 2024


Microsoft aims to skill 2.5m in AI across SE Asia by 2025
Microsoft has announced a plan to train 2.5 million people in Southeast Asia in AI skills by 2025, partnering with governments,...
May 2, 2024


Woori Financial joins bid for Lotte Insurance
Woori Financial Group has joined the race to buy Lotte Insurance, South Korea's seventh-largest non-life insurer, aiming to boost its...
Apr 29, 2024


Wellington partners with StanChart to offer credit strategy in Asia
Wellington Management, a top independent asset manager, today announced an exclusive partnership with Standard Chartered Private Bank to...
Apr 24, 2024


Indonesia seeks stronger position in AIIB
Indonesia’s Finance Minister Sri Mulyani Indrawati discussed strengthening Indonesia’s role within the Asian Infrastructure Investment...
Apr 24, 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


Two firms eye Islamic banking operations in the Philippines
Maybank Philippines, along with another foreign entity, plans to introduce Islamic banking operations in the country, according to the...
Apr 22, 2024


Abu Dhabi Islamic Bank eyes USD1.1bn stake in Indonesia’s BSI
Abu Dhabi Islamic Bank (ADIB) is in preliminary talks to purchase a 15% stake worth about USD1.1bn in Indonesia’s leading Islamic lender,...
Apr 18, 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


Ant Group to enhance tourist experience with new payment scheme
Ant Group, in collaboration with 11 Alipay+ overseas payment partners and major international card organisations, launched a programme in...
Apr 9, 2024


Vietnam leads Southeast Asia in cybersecurity incidents
In 2023, Southeast Asia experienced nearly 43 million cybersecurity threats targeting businesses, as reported by Kaspersky. Vietnam faced...
Apr 8, 2024


Shinhan Bank seeks to launch South Korea’s fourth internet-only bank
Shinhan Bank, a commercial lender in South Korea, is vying for a licence to become the country’s fourth internet-only bank, joining...
Apr 8, 2024


Active online investors in Hong Kong dip to 840,000
The 2023 Hong Kong Online Investing Report by Investment Trends shows a decline in active online investors from 900,000 to 840,000, but...
Apr 4, 2024


Korea, Japan lead in Asian buyouts, says MBK Partners
Michael ByungJu Kim, co-founder of MBK Partners, highlighted South Korea and Japan as top buyout markets in Asia, with China also showing...
Apr 3, 2024


Insurtech Qoala raises USD47m, led by PayPal Ventures, MassMutual
Insurtech Qoala has successfully raised USD47m in a Series C funding round, led by PayPal Ventures and MassMutual Ventures, with...
Apr 2, 2024


Japanese banks warm up to financing hostile takeovers
Japanese banks are now more open to financing hostile acquisitions, influenced by new government takeover guidelines that challenge the...
Apr 2, 2024


Southeast Asian central banks join payment initiative
Brunei Darussalam Central Bank, BDCB, and Bank of the Lao PDR, BOL, have officially joined the initiative, bringing the total to eight...
Apr 2, 2024


Smart City Summit highlights need for public-private collaboration
At the 2024 Smart City Summit and Expo in Taipei, ICT industry leaders emphasised the critical role of international partnerships in...
Apr 1, 2024

