

Manulife names Steve Finch as new Asia CEO
Manulife has appointed Steve Finch as Asia president and CEO, effective May 9, succeeding Phil Witherington, who will become the...
Mar 18, 2025


Hong Kong issues new guidance on IUL insurance
Hong Kong’s Insurance Authority (IA) and Monetary Authority (HKMA) have issued clarification regarding indexed universal life (IUL)...
Mar 18, 2025


China approves UBS stake sale in Credit Suisse JV
UBS has received approval from China’s securities regulator to sell a 36.01% stake in Credit Suisse Securities (CSS) to Beijing...
Mar 14, 2025


Financial influencers shape Gen Z investment trends in Thailand
Gen Z investors rely heavily on social media for financial decisions, with financial influencers playing a key role in their investment...
Mar 12, 2025


Thailand reports surge in crypto investment losses
Thailand has seen one of the largest increases in cryptocurrency-related investment losses globally, with more than 1,000 data requests...
Mar 5, 2025


DigiFT secures custodial licence in Singapore
Singapore-based DigiFT has secured a custodial licence from the Monetary Authority of Singapore (MAS) under its Capital Markets Services...
Mar 5, 2025


Hong Kong advances stablecoin legislation as summit reinforces global role
Hong Kong’s push to regulate stablecoins gained momentum as the Future Stablecoin Summit 2025 wrapped up, with industry leaders and...
Mar 4, 2025


Hong Kong eases path for tech IPOs
Hong Kong will launch a scheme to streamline listings for technology firms, aiming to attract more offshore fundraising as Chinese...
Mar 3, 2025


South Korea’s financial watchdog calls for stronger insurer safeguards
South Korea’s financial watchdog urged insurers to enhance risk management and strengthen capital reserves as market uncertainties and...
Mar 3, 2025


HK sets regulatory framework for stablecoins
Hong Kong will require stablecoin issuers operating in the city or promoting Hong Kong dollar-pegged tokens to obtain licences under a...
Feb 27, 2025


Hong Kong, Singapore lead Asia’s crypto push
Hong Kong and Singapore are emerging as Asia’s top cryptocurrency hubs, seeking to capitalise on the sector’s resurgence amid U.S....
Feb 26, 2025


Chinese president Xi Jinping holds meeting with Alibaba’s Jack Ma, CEOs
Chinese President Xi Jinping met with Alibaba cofounder Jack Ma and other top business leaders, signaling Beijing’s support for the...
Feb 19, 2025


Standard Chartered joins Hong Kong stablecoin venture
Standard Chartered is partnering with Animoca Brands and telecom firm HKT to launch a Hong Kong dollar-backed stablecoin joint venture....
Feb 19, 2025


Singapore’s life insurance premiums rise 11.1% in Q4
Singapore’s life insurance industry recorded SGD1.6bn (USD1.2bn) in weighted new business premiums in Q4 2024, up 11.1% year on year,...
Feb 17, 2025


Philippine insurance industry sees 12.81% growth in 2024
The Philippine insurance industry’s premium income rose by 12.81% year on year to PHP440.39bn (USD7.6bn) in 2024, driven by the life...
Feb 14, 2025


APAC firms face rising AI-powered cyber threats
Businesses across the Asia-Pacific (APAC) region are facing a surge in AI-driven cyberattacks in 2025, with threats like deepfake scams...
Feb 12, 2025


Thailand eyes Phuket for cryptocurrency pilot project
Former Thai prime minister Thaksin Shinawatra has proposed using Phuket as a Bitcoin sandbox to attract cryptocurrency holders and boost...
Feb 11, 2025


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 7, 2025


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 4, 2025


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, 2025

