

HK vows support for exporters hit by US tariffs
Hong Kong Secretary for Commerce and Economic Development Algernon Yau met with representatives from 10 local business chambers on Monday...
Apr 9


South Korea urges action as trade fears rattle markets
South Korea’s financial regulator called for preemptive measures to safeguard market stability amid mounting volatility triggered by...
Apr 9


UK PE firm Inflexion opens Singapore office
UK-based private equity firm Inflexion has opened a new office in Singapore to expand its Asia presence and appointed Shane Gong as...
Apr 7


SE Asia scrambles to respond to new US tariffs
Vietnam will form a task force to address steep US tariffs, while other Southeast Asian nations plan talks with Washington after being...
Apr 7


China restricts US-bound investments
China has restricted local firms from making new investments in the United States, people familiar with the matter said, in a move that...
Apr 7


Fintech Aspire secures MAS licence, to launch SME investment product
B2B fintech platform Aspire said on Thursday it has secured a Capital Markets Services licence from the Monetary Authority of Singapore...
Apr 7


Hong Kong IPO market may enter global top 3 – Deloitte
Hong Kong may host a mega IPO as early as this quarter and could rank among the top three global IPO markets by fundraising in 2025,...
Apr 4


Vietnam PM urges banks to implement Basel III
Vietnamese Prime Minister Phạm Minh Chính has instructed the State Bank of Vietnam (SBV) to consider commercial banks’ proposals on...
Apr 3


HKMA plans Wealth Connect 3.0 expansion
The Hong Kong Monetary Authority (HKMA) is preparing to launch ‘Wealth Connect 3.0’, an upgraded version of its cross-border...
Mar 31


South Korea vows financial stability amid global risks
South Korea's top financial regulator pledged to take pre-emptive steps to safeguard financial stability as the country faces challenges...
Mar 31


Philippine banks see millions lost to cyberattacks in 2024
Financial institutions supervised by the Bangko Sentral ng Pilipinas (BSP) reported cyberattack-related losses amounting to PHP5.82bn...
Mar 28


Hong Kong's low tax regime, good education attract family offices
Hong Kong’s low-tax regime, capital market depth, and Greater Bay Area links give it an edge over rivals like Singapore and Tokyo,...
Mar 26


Indonesia's USD900bn fund unveils high-profile advisory team
Indonesia’s new sovereign fund Danantara unveiled a high-profile advisory team including Ray Dalio, Jeffrey Sachs, and former Thai...
Mar 26


Vietnam banks raise capital to meet Basel III
Vietnamese banks are accelerating stock dividend payouts to boost charter capital and meet Basel III capital adequacy standards, industry...
Mar 26


South Korea eyes tougher rules for financial firms
South Korea’s Financial Supervisory Service (FSS) said it will strengthen oversight of banks and financial firms following revelations of...
Mar 25


Malaysia's central bank to continue monitoring digital assets
Bank Negara Malaysia (BNM) will continue monitoring digital assets in 2025 but reiterated it has no plans to recognise cryptocurrencies...
Mar 25


Philippines is now VAT-free for tourists
Philippine officials signed the implementing rules and regulations (IRR) for Republic Act 12079, enabling value-added tax (VAT) refunds...
Mar 25


Vietnam raises foreign ownership cap to 49% for some banks
Vietnam has raised the foreign ownership cap to 49% from 30% for select banks that have absorbed struggling lenders, aiming to accelerate...
Mar 24


South Korea to ease M&A rules for savings bank
South Korea’s financial regulator announced measures to boost savings banks, including easing M&A rules and revising loan classification...
Mar 21


Former CIMB banker accused of defrauding investors in bond scam
Malaysia’s Securities Commission (SC) has charged Lau Min Thung, a former head of dealing at CIMB Investment Bank, with securities fraud...
Mar 21







