Iranian lender Bank Mellat is contemplating withdrawing from South Korea due to mounting fears of U.S. secondary sanctions, an official...

Ping An Insurance Group Co of China Ltd reported a 36.1% increase in net profit for the first nine months of the year, driven by higher...

The three consortiums awarded virtual bank licenses in Thailand are expected to invest between BHT3bn and BHT5.7bn from mid-2025 to...

Multiple ASEAN countries have shown interest in joining the BRICS economic bloc following Malaysia's announcement of its intention to...

The Advisory Board Centre (ABC) is intensifying its efforts across Asia, particularly Southeast Asia, by hosting the 2024 Megatrends...

Vietnam's insurance premium revenues rose 6.9% year-on-year to VND56.4tr (USD2.2bn) in Q3 2024, marking the first growth since the second...

Guotai Junan Securities and Haitong Securities have outlined their proposed merger to form a state-backed brokerage with USD226bn assets....

Thailand’s Finance Ministry plans to propose to the cabinet in December the sale of both listed and unlisted shares it holds in over 100...

Major Hong Kong banks including HSBC, Citibank, DBS, and Bank of East Asia offered special incentives such as horse racing, golf events,...

Over 80 business and academic leaders convened in Shanghai to explore the opportunities and challenges for Chinese companies aiming to go...

Malaysia-based technology firm HeiTech Padu has announced plans to acquire a 30% stake in Islamic payment provider Souqa Fintech for...

The 30th East Asian Insurance Congress (EAIC) took place in Hong Kong from September 24 to 27, 2024, under the theme ‘Back to the Future,...

Hong Kong’s middle class needs an asset portfolio exceeding HKD20m (USD2.56m) to maintain a monthly retirement income of HKD27,000,...

Vietnam’s non-life insurance and reinsurance companies are transferring a significant portion of their premiums to foreign reinsurers to...

Thailand’s competition for virtual banking licences is intensifying as applications have exceeded the number of licences the central bank...

Five business groups are competing for new virtual bank licences in Thailand. The Gulf consortium, consisting of Krungthai Bank, Gulf...

dtcpay, a digital payments provider, has partnered with Visa to drive digital payments transformation in Singapore, according to a media...

Hong Kong’s government plans to release its first policy statement on artificial intelligence (AI) in finance, aiming to boost the...

CEOs should lead the adoption of artificial intelligence (AI) in organisations, says Scott Likens, PwC’s global AI and innovation...

The Hong Kong Ambassadors Club (HKAC) marked its first anniversary with a high-profile event on Tuesday, September 10, 2024, at the Four...