

PwC to cut 50 partners amid Hong Kong retrenchment
PwC is reportedly cutting ties with around 50 partners in Hong Kong amid pay reductions of up to 30% across departments, according to...
Jun 4, 2025


Grab to enter Singapore's motor insurance market
GrabInsure, the insurance arm of Grab, is preparing to enter Singapore’s motor insurance market following its receipt of a general...
Jun 4, 2025


Citi to host 20th China conference in Shanghai and Shenzhen
Citi will host its 20th Annual China Conference in Shenzhen on Nov. 11–12 and in Shanghai on Nov. 13–14, with CEO Jane Fraser opening the...
May 27, 2025


Shanghai exchange may open domestic nickel futures to foreign investors
The Shanghai Futures Exchange (ShFE) is weighing a move to open its domestic nickel futures contract to foreign investors via China’s...
May 21, 2025


Fitch flags Taiwan Life insurers on negative watch
Fitch Ratings placed Taiwan’s major life insurers on negative credit watch, citing risks from the sharp appreciation of the New Taiwan...
May 20, 2025


Taiwan insurers suffer their worst loss in 18 months
Taiwan’s largest insurers posted combined losses of nearly TWD19bn (USD624m) in April, the worst monthly shortfall in 18 months, amid...
May 19, 2025


GIC takes minority stake in asset servicer Citco
Citco, a global asset servicer, has entered a strategic partnership with GIC, with the Singapore sovereign wealth fund taking a minority...
May 19, 2025


New Thai agency to underwrite SME loans, banks to pay in
Thailand’s Finance Ministry has asked the cabinet on May 13 to endorse a bill creating the National Credit Guarantee Agency, replacing...
May 15, 2025


Grandtag grows Singapore base, strengthens leadership team
Grandtag Financial Consultancy, a high‑net‑worth insurance broker, has opened a Singapore office 40 % larger than its previous site to...
May 14, 2025


Sea rebrands fintech arm as Monee, opens 10‑storey HQ
Sea Ltd has opened a 10‑storey, 200,000‑sq‑ft headquarters for its digital financial arm at Rochester Commons in Singapore and rebranded...
May 13, 2025


Billionaire warns private equity returns have dried up
The private equity sector is facing a reckoning, with investors seeing little to no returns and exit options narrowing, according to...
May 8, 2025


Gates Foundation to open Singapore office
The Bill & Melinda Gates Foundation will establish a new office in Singapore to enhance collaboration in science, health, and...
May 8, 2025


South Korea's Carrot Insurance folded into parent Hanwha
Carrot General Insurance, South Korea’s first digital-only general insurer, is set to merge with parent firm Hanwha General Insurance...
May 2, 2025


Asia set for cyber insurance growth as market nears USD32bn
The global cyber insurance market is poised to more than double by 2030, reaching USD32.4bn in premiums, up from USD16.3bn by 2025,...
Apr 22, 2025


DL Holdings restructures its Digital Family Office with strategic investors
DL Holdings Group has restructured its DL Digital Family Office (DLDFO), introducing three strategic investors at a USD35m valuation and...
Apr 18, 2025


Indonesia targets US talks to counter tariff impact
Indonesia is set to hold a week-long series of trade, investment, and financial-sector talks in Washington from April 16 to 23 as it...
Apr 16, 2025


IFF Launches Sci-Tech Finance Committee in Wuhan
The International Finance Forum (IFF) launched its Sci-Tech Finance Committee at the Wuhan Institute of Industrial Innovation and...
Apr 16, 2025


Moody’s flags Taiwan insurers’ vulnerability to market swings
Taiwan’s insurance sector is more exposed to market volatility triggered by US tariffs due to smaller capital buffers, while its banks...
Apr 16, 2025


Singapore’s GSX Bank acquires Validus Capital
GXS Bank has received regulatory approval to acquire Validus Capital, the Singaporean SME lending subsidiary of Validus Investment...
Apr 16, 2025


GenAI adoption rising in Hong Kong finance sector
The use of generative artificial intelligence (genAI) is gaining ground in Hong Kong’s financial sector, according to a study by the Hong...
Apr 14, 2025





