China’s financial regulators have proposed a China AML reform to remove the requirement for individuals to declare the source or purpose...

Thailand has raised its 2025 economic growth forecast to between 1.8% and 2.2%, up from 1.5% to 2.0%, after the US lowered proposed...

BlackRock’s Global Infrastructure Partners (GIP) is forming a Singapore-based team to fund Southeast Asian infrastructure through blended...

Citigroup is reshaping its regional rates business to focus on Japan’s volatile non-linear rates market, appointing Thomas Reich to lead...

Bank Negara Malaysia, Bank Indonesia, and the Bank of Thailand have expanded their Local Currency Transaction Framework (LCTF) by...

Thailand’s life insurance industry continues to grow steadily, driven by rising demand, an ageing population, and increasing focus on...

Hong Kong has introduced IPO rule reforms to maintain the momentum of its recent listings boom and strengthen its status as Asia’s top...

Malaysian banks are expected to remain resilient in H2 2025, despite a projected quarter-on-quarter rise in loan loss provisions in Q2,...

Participation in the Cross-boundary Wealth Management Connect (WMC) 2.0 scheme soared by over 1.2 times to exceed 162,000 investors by...

Hong Kong-based AIFT, via its insurtech arm IXT, has partnered with Richmond Insurance Brokers to launch Taiwan’s first digital platform...

The Bangko Sentral ng Pilipinas (BSP) will issue revised guidelines this year to allow banks in the Philippines to sell insurance...

HSBC has announced plans to exit its retail banking operations in Bangladesh as part of a global strategy to streamline operations and reduce costs, CEO Georges Elhedery confirmed during the bank’s H1 earnings call. The wind-down will begin in H2 2025 and follows a strategic review across four Asian markets—decisions for Australia, Indonesia, and Sri Lanka are still pending. The move aligns with HSBC’s broader reorganisation aimed at achieving USD1.5bn in cost savings by 2026

The Hong Kong Monetary Authority (HKMA) is piloting a business credit-scoring system under its Commercial Data Interchange (CDI) scheme...

Finance sector unions from Sri Lanka, India, Pakistan, Nepal, and Bangladesh have pledged to advance socially responsible finance and...

Vietnam is partnering with Switzerland to develop international financial centres, National Assembly Chairman Tran Thanh Man said during...

Scams and money mule accounts have overtaken traditional fraud as the primary threat to banks in Asia-Pacific, according to a FICO survey...

Airwallex has obtained a Capital Markets Services (CMS) licence from the Monetary Authority of Singapore, allowing it to launch its...

The International Finance Forum (IFF) and China Galaxy Securities have released the 2025 Global Sustainable Investment Index Report ,...

The Hong Kong Monetary Authority (HKMA) has issued AML fines against Indian Overseas Bank (IOB), Bank of Communications (BCOM), and its...

The Hong Kong Monetary Authority (HKMA) is preparing to introduce Hong Kong stablecoin regulations to address fraud and market...