

Philippines Misses Upper-Middle-Income Status in 2025 – World Bank
The Philippines remains classified as a lower-middle-income economy, having narrowly missed the World Bank’s 2025 threshold for...
Jul 7, 2025


Asian CFOs Most Pessimistic About Global Economy – Teneo Survey
More than 80% of CFOs in Asia expect global economic conditions to worsen in the coming months, the highest level of pessimism among all...
Jul 7, 2025


Hong Kong Leads Global IPO Market in H1 2025, Says PwC
Hong Kong led the global IPO market in the first half of 2025, hosting 44 listings that raised HKD107.1bn (USD13.7bn), according to PwC....
Jul 7, 2025


Hong Kong Must Evolve to Attract Multifamily Offices, CUHK Report Finds
Hong Kong must enhance its financial ecosystem to attract more multifamily offices (MFOs), according to a white paper published by the...
Jul 4, 2025


80% of South Korean Corporates to Maintain Investment levels in H2
Nearly 80% of South Korea’s leading firms plan to hold investment levels steady in the second half of 2025, matching their first-half...
Jul 4, 2025


Fitch Issues Cautious Outlook for Thai Corporates in 2025
Thai corporates face a challenging earnings outlook in 2025, especially in the petrochemical and energy sectors, amid global demand...
Jul 4, 2025


Citi Strengthens Japan Team with New Investment Banking Co-Heads
Citi has appointed Akira Kiyota and Taiji Nagasaka as co-heads of investment banking for Japan, as part of a strategic push to deepen its...
Jul 4, 2025


BIS Flags Global Financial System Risks Amid Economic Fragmentation
The Bank for International Settlements (BIS) has warned of growing instability in the global financial system, citing geopolitical...
Jul 3, 2025


Singapore Enacts Anti-Scam Law to Restrict Transfers by Potential Victims
Singapore has introduced the Protection from Scams Act 2025, granting police powers to temporarily restrict banking and credit...
Jul 3, 2025


BlackRock Launches Wealth Navigator Funds for Hong Kong Retirees
BlackRock has launched the Wealth Navigator Funds, a new suite of global multi-asset portfolios tailored for Hong Kong’s retirement...
Jul 3, 2025


Lighthouse Canton and Blue Sail Forge Global Investment Advisory Partnership
Singapore-based external asset manager Lighthouse Canton has entered a strategic partnership with Swiss advisory firm Blue Sail Partners...
Jul 3, 2025


Family Offices Reallocate Assets to Asia, Europe as US Tariffs Bite
Family offices worldwide are reallocating assets from the United States to Asia and Europe, driven by heightened tariffs, a declining US...
Jul 2, 2025


Hong Kong Sees Stablecoin Boom Ahead of Licensing Framework
Hong Kong is experiencing a boom in stablecoin development ahead of the launch of its new licensing framework on 1 August. Major tech...
Jul 2, 2025


Malaysia Consults on Stronger Rules for Digital Asset Exchanges
Malaysia’s Securities Commission (SC) has launched a public consultation to strengthen regulations governing Digital Asset Exchanges...
Jul 2, 2025


South Korea’s MG Non-Life Insurance May Re-Enter Market After Sale Collapse
Financially troubled MG Non-Life Insurance may be put up for sale again after tentative agreement between the Financial Services...
Jul 2, 2025


PwC Hong Kong Names Josephine Kwan as New AWM Leader
Marie-Anne Kong has stepped down as PwC Hong Kong’s Asset & Wealth Management (AWM) Industry Leader after an illustrious 34-year career...
Jul 1, 2025


Hong Kong eMPF Platform Reduces MPF Fees by 36% in First Year
Hong Kong’s eMPF digital platform has processed nearly 600,000 instructions in its first year and is expected to reduce administrative...
Jul 1, 2025


Hanwha Life Secures 40% Stake in Indonesia’s Nobu Bank
South Korea’s Hanwha Life Insurance has completed its acquisition of a 40% stake in Indonesia’s Nobu Bank from the Lippo Group, gaining...
Jul 1, 2025


MAS Penalises Payment Firms for AML Compliance Failures
Singapore’s Monetary Authority (MAS) has fined five major payment firms a total of SGD960,000 (USD753,000) for breaches in anti-money...
Jul 1, 2025


China’s CIC Cancels USD1bn Private Equity Sale Amid Geopolitical Caution
China Investment Corporation (CIC) has withdrawn plans to sell approximately USD1bn in private equity fund stakes on the secondary...
Jun 30, 2025






