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

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

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

The 18th Asian Financial Forum (AFF) officially kicked off on January 13, 2025, at the Hong Kong Convention and Exhibition Centre....

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

Startups Community Asia Ltd , which operates leading platform for entrepreneurs, StartHub Asia, and Asia First , a prominent source for...

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

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

South Korea’s crypto market surged in November, with trading volumes rivalling the stock market and over 15 million accounts, fuelled by...

XTransfer, a China-based B2B cross-border trade payment platform, has partnered with OCBC, Southeast Asia’s second-largest financial...

Prudential Vietnam Assurance and HSBC Vietnam have formed a bancassurance partnership to address growing demand for protection and wealth...

The Hong Kong Monetary Authority (HKMA) has unveiled the first participants in its generative artificial intelligence (genAI) sandbox,...

Munich-based Allianz has withdrawn its pre-conditional voluntary cash general offer to acquire at least 51% of Singapore’s Income...

Japanese insurance major Nippon Life has agreed to acquire all the shares it does not own in Resolution Life for about USD8.2bn, the...

Hanwha Group’s financial subsidiaries have opened the Hanwha AI Center in San Francisco, marking the first AI research hub in the city by...

South Korea’s and Indonesia’s general insurance industries are strengthening ties following a new memorandum of understanding (MOU)...

HSBC Holdings announced plans to host its second Global Investment Summit in Hong Kong from March 25 to 27, 2025. The event is expected...

The 2024 IFF Global Finance and Development Report forecasts global economic growth to remain sluggish at 3.2% in 2024, hindered by...

South Korean insurance companies’ combined net profit increased by 13.2% in the first nine months of the year, boosted by higher sales...

Singapore Gulf Bank aims to raise at least USD50m in a funding round and plans to acquire a stablecoin payments company next year,...