Philippines business groups back new SEC head on market development
The appointment of lawyer Francisco Edralin Lim as the new chairperson of the Philippine Securities and Exchange Commission (SEC) has...
Jun 9
SE Asian firms’ business outlook falls to 48% after US tariffs: UOB
Business sentiment across ASEAN and Greater China has dropped sharply following the announcement of new US tariffs, according to UOB’s...
Jun 9
Vietnam attracts USD18.4bn foreign investment through May
Foreign investment in Vietnam reached nearly USD18.4bn in the first five months of 2025, up 51% from a year earlier, according to the...
Jun 6
HKIFA sees no immediate need for MPF to cut US bonds
The Hong Kong Investment Funds Association (HKIFA) said Mandatory Provident Fund (MPF) trustees are not required to reduce their holdings...
Jun 6
Singaporean billionaire Kwek Family’s CDL sells USD2.1bn South Beach stake to IOI
City Developments Ltd. (CDL), controlled by billionaire Kwek Leng Beng, has agreed to sell its 50.1% stake in the South Beach mixed-use...
Jun 6
StepStone opens second South Korean office to bolster NPS ties
StepStone Group, a global private markets investment firm, has opened a new office in Jeonju strengthening its partnership with the...
Jun 6
Hong Kong plans incentives to attract catastrophe bonds issuers, investors
Hong Kong plans to introduce incentives to attract more issuers and investors to catastrophe bonds as part of efforts to strengthen its...
Jun 5
Chinese households to buy USD100bn more in HK stocks: HSBC
Mainland Chinese households hold CNY160tr (USD22tr) in cash, mostly in time deposits, with HSBC estimating that up to CNY50tr in excess...
Jun 5
RBC Wealth hires veteran bankers in Asia expansion
RBC Wealth Management has expanded its Asia team with a series of senior appointments in Hong Kong, strengthening coverage for clients...
Jun 5
Indonesia GDP growth to slow to 4.7% in 2025: OECD
Indonesia’s economy is forecast to grow by 4.7% in 2025 and 4.8% in 2026, slightly below previous projections, due to weaker external...
Jun 5
Ironbark acquires Sydney-based boutique family office Mercury Private
Ironbark Investment Partners has acquired Mercury Private, a Sydney-based boutique family office business managing USD1.3bn in assets, to...
Jun 4
PwC to cut 50 partners amid Hong Kong retrenchment
PwC is reportedly cutting ties with around 50 partners in Hong Kong amid pay reductions of up to 30% across departments, according to...
Jun 4
South Korea’s new president faces fragile economy
South Korea’s new president faces a fragile economy marked by declining investment, weak consumption, and rising external trade...
Jun 4
Grab to enter Singapore's motor insurance market
GrabInsure, the insurance arm of Grab, is preparing to enter Singapore’s motor insurance market following its receipt of a general...
Jun 4
Vietnam caps business inspections to once a year
Vietnam’s National Assembly has passed Resolution 198, introducing new measures to support private sector development by limiting...
Jun 3
Citi names Wenjie Zhang as China country head
Citi has appointed banking veteran Wenjie Zhang as its new country officer and banking head for China, effective July 2025, pending...
Jun 3
Family office assets surge past USD4.67tr
Single family offices now oversee more than USD4.67tr in assets under management, making them a major force in institutional investing,...
Jun 3
Hong Kong MPF assets rise to USD171bn in Q1
Hong Kong’s Mandatory Provident Fund (MPF) assets rose nearly 4% to HKD1.34tr (USD171bn) in the first quarter of 2025, boosted by a 15%...
Jun 3
Partners Group launches evergreen fund for Asia, Europe, Middle East
Partners Group has launched a new evergreen fund targeting individual investors in Asia, Europe, and the Middle East, offering access to...
Jun 2
Ultra-rich move bullion to Singapore vaults
Singapore’s appeal as a safe haven for wealth is rising as a local gold reserve saw an 88% year-on-year surge in bullion storage orders...
Jun 2
