Hong Kong’s ambitions to become a digital-asset hub are encountering challenges, as uncertainty looms over whether 11 crypto exchanges...

Hong Kong’s de facto central bank has issued new guidelines for financial institutions using generative artificial intelligence (GenAI)...

In Singapore, two former relationship managers, Wang Qiming and Liu Kai, have been charged in connection with the country’s largest money...

Singapore and Malaysian police dismantled a Johor Bahru-based money laundering syndicate linked to scam operations, arresting twelve...

South Korea’s Financial Services Commission Chairman Kim Byoung-hwan is set to meet Japan’s Financial Services Agency Commissioner Hideki...

The Hong Kong Monetary Authority (HKMA) and Hong Kong Cyberport Management Company launched the Generative Artificial Intelligence...

The Monetary Authority of Singapore (MAS), along with DBS, HSBC, OCBC, UOB, SPTel, and SpeQtral, has signed a Memorandum of Understanding...

Malaysia's central bank, Bank Negara Malaysia (BNM), announced on Wednesday that it has imposed penalties on CIMB Bank Berhad, CIMB...

Thailand’s Office of the Insurance Commission (OIC) plans to establish a screening committee to suspend or revoke actuarial licences to...

Senior US and Chinese economic officials will meet in Shanghai on Aug. 15-16 for the first time since China outlined its long-term...

The Finance Ministry is forming a 34-member committee, chaired by Deputy Finance Minister Paopoom Rojanasakul, to develop policies and...

Foreign investors withdrew a record amount from China last quarter, reflecting deep pessimism about the world's second-largest economy....

The Monetary Authority of Singapore (MAS) has appointed Ernst & Young Advisory Pte. Ltd. (EY) as one of six screening service providers...

The Monetary Board has approved lifting the moratorium on new digital banking licences starting January 1, 2025, allowing up to ten...

Chinese regulators are restricting the duration of new bond funds to curb investment in long-dated treasuries amid efforts to cool a bond...

The Hong Kong Monetary Authority (HKMA) sees no need for new players in the city’s virtual banking sector and has launched a one-month...

Taiwan’s financial regulator has warned bank employees in China to be cautious of their remarks following Beijing’s expansion of laws...

The HKMA will allow deposit-taking companies (DTCs) to roll over their deposits upon conversion to restricted licensed banks. DTCs, the...

Chinese regulators have asked several large state-owned clients of PricewaterhouseCoopers (PwC) to drop the auditor due to its work for...

The Monetary Authority of Singapore (MAS) has issued a two-year prohibition order against Sun Quan, the executive director and former CEO...