

Binance targets Thailand as key market in push for mainstream crypto adoption
Binance has identified Thailand as a key market in its goal to mainstream cryptocurrency, aiming to reach one billion users globally,...
Nov 6, 2024


Mizuho Bank acquires USD20m stake in climate investment firm
Mizuho Bank is acquiring a minority equity stake in climate investment and advisory firm Pollination for USD20m to bolster Pollination's...
Nov 6, 2024


AIA prepares to open branch in China’s Anhui province
AIA Group has secured approval from China’s National Financial Regulatory Administration Anhui Bureau to prepare for the launch of a new...
Oct 28, 2024


Hong Kong, Thailand collaborate on tokenisation projects
The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) have announced a collaboration to explore cross-border...
Oct 28, 2024


OCBC Malaysia pushes ‘double green’ investment banking strategy
OCBC Malaysia, encompassing OCBC Bank (Malaysia) Bhd and OCBC Al-Amin Bank Bhd, is embracing “double green” as its investment banking...
Oct 28, 2024


Cybersecurity failures leave Hong Kong's financial system vulnerable
Hong Kong’s financial institutions are facing mounting challenges as investigations expose significant gaps in Anti-Money Laundering...
Oct 25, 2024


South Korea to maintain investor ties ahead of WGBI debut
South Korea will maintain close communication with global investors to ensure a smooth inclusion in the World Government Bond Index...
Oct 24, 2024


Malaysia joins BRICS as alliance grows to 13 new partners
Malaysia has been recognized as one of 13 nations added as partner countries to the BRICS bloc, which now accounts for one-fifth of...
Oct 24, 2024


Iran's Bank Mellat considers exiting South Korea amid US pressure
Iranian lender Bank Mellat is contemplating withdrawing from South Korea due to mounting fears of U.S. secondary sanctions, an official...
Oct 22, 2024


Ping An Insurance posts 36.1% rise in nine-month net profit
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...
Oct 21, 2024


Virtual bank consortiums set for major investment in Thailand
The three consortiums awarded virtual bank licenses in Thailand are expected to invest between BHT3bn and BHT5.7bn from mid-2025 to...
Oct 18, 2024


Several ASEAN nations consider BRICS membership after Malaysia's interest
Multiple ASEAN countries have shown interest in joining the BRICS economic bloc following Malaysia's announcement of its intention to...
Oct 16, 2024


Advisory Board Centre targets Asian businesses with Singapore summit
The Advisory Board Centre (ABC) is intensifying its efforts across Asia, particularly Southeast Asia, by hosting the 2024 Megatrends...
Oct 16, 2024


Vietnam's insurance premiums rebound in Q3
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...
Oct 14, 2024


China sets terms for merger to create USD226bn brokerage
Guotai Junan Securities and Haitong Securities have outlined their proposed merger to form a state-backed brokerage with USD226bn assets....
Oct 11, 2024


Thailand's finance ministry to sell stakes in over 100 firms
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...
Oct 9, 2024


Hong Kong banks offer incentives to attract mainland clients during golden week
Major Hong Kong banks including HSBC, Citibank, DBS, and Bank of East Asia offered special incentives such as horse racing, golf events,...
Oct 4, 2024


Chinese firms discuss international expansion at Shanghai forum
Over 80 business and academic leaders convened in Shanghai to explore the opportunities and challenges for Chinese companies aiming to go...
Oct 1, 2024


HeiTech Padu acquires 30% stake in Islamic payment firm Souqa Fintech
Malaysia-based technology firm HeiTech Padu has announced plans to acquire a 30% stake in Islamic payment provider Souqa Fintech for...
Sep 30, 2024


Hong Kong hosts 30th EAIC conference
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,...
Sep 26, 2024

