Beijing opens more sectors to foreign investment in 2025 list
China has reduced the number of industries restricted for foreign investment to 106 from 117 under its updated 2025 “negative list”,...
Apr 28
Single-family offices in Asia forecast to rise 40% by 2030
Single-family offices in Asia Pacific are projected to grow 40% to 3,200 by 2030, outpacing North America, according to a report by...
Apr 28
Family office must scale up for bigger deals says PwC
Family offices need to strengthen their operational capabilities to manage larger investment deals as transactions shift toward private...
Apr 25
Hong Kong backs nearly 5,900 new Shenzhen firms in 2024
Hong Kong invested in nearly 5,900 new enterprises in Shenzhen in 2024, underscoring growing economic integration within the...
Apr 25
South Korea growth misses forecast, GDP shrinks 0.2%
South Korea’s economy contracted 0.2% in the first quarter of 2025 from the previous quarter, marking its first on-quarter decline in...
Apr 25
HSBC China wealth head steps down amid reshuffle
HSBC’s top wealth manager for China, Trista Sun, will step down from her role on May 1 as part of an Asian leadership reshuffle, while...
Apr 25
Chinese funds withdraw US private equity investments
Several Chinese state-backed funds have withdrawn capital from US private equity (PE) firms as rising geopolitical tensions between China...
Apr 24
Japan’s Nomura to acquire Macquarie’s asset management units in US, Europe
Nomura will acquire Macquarie Group’s public asset management operations in the US and Europe for about USD1.8 billion, in a deal set to...
Apr 24
Taiwan banks roll out liquidity relief for tariff-hit firms
The Bankers Association of the ROC has introduced a relief package to support Taiwanese firms facing liquidity stress after the U.S....
Apr 24
Meta names Nicole Tan new Singapore head
Meta has appointed Nicole Tan as its new country director for Singapore, effective June 2, 2025, the company announced. With over 25...
Apr 24
Asian investors lag in digital investing: Survey
Retail investors in Asia are less likely to hold investments on digital platforms than their global peers, despite relying heavily on...
Apr 23
Hong Kong ends MPF offsetting rule
Hong Kong will scrap the Mandatory Provident Fund (MPF) offsetting mechanism on May 1, a move expected to boost workers’ retirement...
Apr 23
Japan’s Fukoku Mutual shifts to superlong government bonds
Fukoku Mutual Life Insurance plans to increase its holdings of Japan’s superlong government bonds this fiscal year, taking advantage of...
Apr 23
South Korea, Thailand push for trade deal in latest EPA talks
South Korea and Thailand are holding the fifth round of negotiations this week to finalise their Economic Partnership Agreement (EPA),...
Apr 23
Philippines a safe haven amid global trade risks, UBS says
UBS Investment Bank expects the Philippines to remain relatively insulated from global trade uncertainties and retaliatory tariffs,...
Apr 22
MAS proposes measures to strengthen financial sector vs threats
The Monetary Authority of Singapore’s Cyber and Technology Resilience Experts (CTREX) Panel has recommended measures to strengthen...
Apr 22
Asia set for cyber insurance growth as market nears USD32bn
The global cyber insurance market is poised to more than double by 2030, reaching USD32.4bn in premiums, up from USD16.3bn by 2025,...
Apr 22
HK moves toward paperless share trading
Hong Kong’s Securities and Futures Commission (SFC) will roll out the uncertificated securities market regime in early 2026, following...
Apr 22
Rich South Koreans favour safe-haven, digital assets
Wealthy South Koreans are increasingly shifting away from real estate in favour of safer and diversified assets, according to the 2025...
Apr 21
Hong Kong reassures family offices amid trade tensions
Hong Kong’s Financial Secretary Paul Chan assured wealthy families that their capital is safe in the city, emphasising its appeal as a...
Apr 21
