Munich-based Allianz has withdrawn its pre-conditional voluntary cash general offer to acquire at least 51% of Singapore’s Income...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

Vietnam's banking industry is struggling to meet its online consumer lending targets by 2025 due to the absence of an independent...

The CapTech2024 main summit took place on November 26, 2024, at the International Convention Centre Sydney. The global event aimed to...

Morgan Stanley has officially opened its new Southeast Asia headquarters in Singapore, reinforcing its commitment to the region's growth...

South Korea's Hanwha Life Insurance Co. said it has signed an agreement to acquire a 75% stake in US-based securities firm Velocity...

Singapore has offered to host the Asia-Pacific Economic Cooperation (APEC) summit in 2030, Prime Minister Lawrence Wong announced on...

Taiwan’s insurance sector is expected to grow next year, supported by a stable domestic economy and easing monetary policies globally,...

Digital payment adoption in the Philippines is accelerating, with the Bangko Sentral ng Pilipinas (BSP) reporting that 56% of Filipino...

Hong Kong’s Mandatory Provident Fund Schemes Authority (MPFA) faces criticism as some MPF accounts on its newly launched eMPF platform do...

Vietnam's total life insurance premiums from new contracts rose slightly in Q3, marking the first increase despite ongoing global and...

The Hong Kong Monetary Authority (HKMA) and three multilateral organisations are investing at least USD500m into the Actis Asia Climate...

Taiwanese financial holding companies reduced their exposure to the US by over TWD165bn (USD5.14bn) in the third quarter, though the US...

Kendris is expanding its global network to support its growing international client base by opening new offices in key regions. The...