Hong Kong saw a 9.5% decrease in pension withdrawals by residents leaving the city permanently in 2023, with HKD7.26bn withdrawn from the...

Hong Kong’s leading law firms are downsizing their office space in prime areas due to reduced activity in mergers, acquisitions, and IPOs...

Accenture’s analysis reveals artificial intelligence (AI) could assist or replace tasks comprising nearly three-quarters of bank...

The ASIFMA Annual Conference opened on 29 February at Hong Kong’s Grand Hyatt, convening global financial leaders, regulators, and...

The fourth Technology for Change Asia summit in February 2024, held in Hong Kong, attracted 300 Asia-Pacific leaders, highlighting the...

SCB X, Thailand’s leading financial group, has announced its acquisition of Home Credit’s business in Vietnam for approximately USD860m,...

Mubadala Investment Company, the Abu Dhabi sovereign investor, and Goldman Sachs have announced a USD1bn partnership aimed at investing...

Ahead of International Women’s Day, Ayesha Macpherson Lau, chairwoman of the Mandatory Provident Fund Schemes Authority, urged women to...

Ant Group has outbid Citadel Securities for Credit Suisse’s investment bank venture in China, a move that could significantly impact the...

South Korean regulators highlighted the potential risks posed by the country’s financial sector’s significant investments in overseas...

Singapore has become the preferred Asian headquarters for international businesses, hosting 4,200 multinational firms in 2023 compared to...

The ASIFMA Annual Conference 2024, set for February 29 - March 1 at the Grand Hyatt Hotel in Hong Kong, is poised to gather global...

Singapore's UNOAsia Pte Ltd has secured USD32.1m in a pre-Series B round, as it aims to revolutionise banking in the Philippines with UNO...

Malaysian Prime Minister Datuk Seri Anwar Ibrahim has urged the country's banks to remain competitive amidst the "three Cs" of...

The Bank of Taiwan, the country's largest lender, is set to open a representative office in Fukuoka, Japan, on March 22, aligning with...

Scam cases in Singapore surged to a record 46,563 in 2023, despite widespread media alerts and official warnings, marking a 46.8%...

At the time of writing, presidential hopeful Prabowo Subianto, alongside running mate Gibran Rakabuming Raka, is confident of a...

South Korea’s mobile payments market experienced significant growth last year, with a KRW17tr (USD12.72bn) increase, reaching a total of...

The planned merger between the Development Bank of the Philippines (DBP) and the Land Bank of the Philippines (LANDBANK) has been...

Malaysia ranks as one of Southeast Asia’s lowest tax collectors, with a tax-to-GDP ratio of just 11.8%, lagging behind neighbours like...