

Indonesia stock exchange sees significant growth in investor base
As of September 2024, the Indonesia Stock Exchange (IDX) reported a total of 6 million stock investors, up by over 744,000 from 2023....
Oct 2, 2024


Thailand’s inspections reveal few illegal nominee operations
Thailand’s Business Development Department reported that out of more than 26,000 businesses inspected for illegal nominee operations,...
Oct 2, 2024


China backs cross-border financing in Hong Kong
China’s state economic planner, the National Development and Reform Commission (NDRC), pledged to support more mainland companies seeking...
Sep 27, 2024


Philippines nears FATF gray list removal after reforms
The Philippines may exit the Financial Action Task Force (FATF) gray list by 2025, according to the Department of Justice (DOJ). DOJ...
Sep 27, 2024


Financial leaders join MAS’s new cyber and tech resilience panel
The Monetary Authority of Singapore (MAS) has established a Cyber and Technology Resilience Experts (CTREX) Panel to replace its Cyber...
Sep 26, 2024


Hong Kong now top financial hub in Asia-Pacific
Hong Kong has risen to third globally and first in the Asia-Pacific region in the Global Financial Centers Index (GFCI) 36 Report,...
Sep 26, 2024


Shanghai aims to attract more offshore PE funds
Shanghai has pledged to continue supporting investment by offshore private equity funds in local technology firms and may increase quotas...
Sep 25, 2024


Morgan Stanley faces probe over SK hynix share trades
Morgan Stanley is under investigation by South Korean authorities over alleged suspicious trading of SK hynix shares before releasing a...
Sep 25, 2024


Competition heats up for Thailand’s virtual bank licences
Thailand’s competition for virtual banking licences is intensifying as applications have exceeded the number of licences the central bank...
Sep 24, 2024


CPA Australia urges Hong Kong for reforms to boost financial hub status
CPA Australia has urged the Hong Kong government to enact further reforms in the upcoming Policy Address to strengthen the city’s...
Sep 23, 2024


Five groups compete for virtual bank licences in Thailand
Five business groups are competing for new virtual bank licences in Thailand. The Gulf consortium, consisting of Krungthai Bank, Gulf...
Sep 20, 2024


Taiwan regulator rejects historic deal
Taiwan’s Financial Supervisory Commission (FSC) has rejected CTBC Financial Holding’s proposed USD4.1bn takeover of Shin Kong Financial...
Sep 19, 2024


Singapore’s MAS awards tax incentives to 1,650 single family offices by August end
The Monetary Authority of Singapore (MAS) has awarded tax incentives to about 1,650 single family offices (SFOs) as of the end of August,...
Sep 18, 2024


Financial cooperation deepens as HK, Macau link clearing systems
The monetary authorities of Hong Kong and Macau will establish a direct link between their clearing, settlement, and custodian systems to...
Sep 18, 2024


40% of Singapore firms see minimal impact from carbon tax hike
Nearly 40% of Singaporean companies reported minimal impact from the recent carbon tax hike, according to a survey by the Sustainable...
Sep 17, 2024


Record China fine on PwC shifts focus to Hong Kong’s accounting watchdog
The focus of a prolonged investigation into PricewaterhouseCoopers (PwC) shifts to Hong Kong after the accounting firm received a record...
Sep 17, 2024


Shanghai police probe HywinWealth Management over illegal fundraising
Shanghai police have launched a criminal investigation into Hywin Wealth Management for alleged involvement in illegal fundraising,...
Sep 12, 2024


South Korea’s finance minister proposes scrapping investment income tax
South Korea’s Finance Minister Choi Sang-mok announced plans to review and potentially scrap the forthcoming financial investment income...
Sep 11, 2024


Hong Kong’s new security law poses legal challenges for US firms
The Biden administration issued a warning that US businesses operating in Hong Kong are increasingly at risk due to the implementation of...
Sep 9, 2024


Bursa Malaysia moves to attract more foreign investors with more liquidity
Malaysia’s stock exchange is taking steps to reduce the dominance of large domestic investors to boost trading and attract foreign...
Sep 6, 2024

