Family offices are increasingly redirecting capital away from US markets due to growing policy uncertainty, elevated stock valuations,...

Hong Kong’s thriving private banking and wealth management sectors are fuelling a surge in hiring and office space expansion, the Hong...

US investment in Asia-Pacific real estate surged 31% year-on-year to USD4.97bn in Q2 2025, driven by investor demand for yield and...

Dubai-based Hoxton Wealth has completed its largest acquisition to date, acquiring Infinity Financial Solutions and marking its official...

Participation in the Cross-boundary Wealth Management Connect (WMC) 2.0 scheme soared by over 1.2 times to exceed 162,000 investors by...

Hong Kong-based AIFT, via its insurtech arm IXT, has partnered with Richmond Insurance Brokers to launch Taiwan’s first digital platform...

The Philippine economy likely expanded by 5.5% in the second quarter of 2025, according to a BusinessWorld poll of economists. The...

Societe Generale has named Jerome Niddam as chief executive officer for Asia Pacific, effective 1 September. Based in Hong Kong, Niddam...

The Bank of Japan (BOJ) has maintained its interest rate at 0.5% while adopting a more optimistic view on the economic outlook, following a new trade agreement between Tokyo and Washington that alleviated some uncertainty. In its quarterly report, the BOJ revised its core inflation forecast for the fiscal year upward to 2.7% from 2.2%, with risks to the price outlook now described as “roughly balanced”—a notable shift from its previously cautious tone. While acknowledging lin

VMS Group, a Hong Kong-based multi-family office managing approximately USD4bn, is expanding into hedge funds to cater to client demand...

The Bangko Sentral ng Pilipinas (BSP) will issue revised guidelines this year to allow banks in the Philippines to sell insurance...

Hong Kong is highlighting its transformation into a hub for innovation, international legal services, and art trading in a new government...

The Hong Kong SAR government is intensifying efforts to expand its family office (FO) sector as part of a broader asset and wealth...

The International Monetary Fund has revised Malaysia’s 2025 GDP growth forecast upward to 4.5% from 4.1%, citing improved prospects for...

HSBC has reported a significant increase in its wealth management business, driven by the addition of 300,000 new clients in Hong Kong in...

HSBC has announced plans to exit its retail banking operations in Bangladesh as part of a global strategy to streamline operations and reduce costs, CEO Georges Elhedery confirmed during the bank’s H1 earnings call. The wind-down will begin in H2 2025 and follows a strategic review across four Asian markets—decisions for Australia, Indonesia, and Sri Lanka are still pending. The move aligns with HSBC’s broader reorganisation aimed at achieving USD1.5bn in cost savings by 2026

The Hong Kong Monetary Authority (HKMA) is piloting a business credit-scoring system under its Commercial Data Interchange (CDI) scheme...

Indonesian tycoon Prajogo Pangestu has grown his net worth by over USD20bn since April, reaching USD36.2bn, according to Bloomberg data....

Bank Negara Malaysia has lowered its 2025 GDP growth forecast to 4%–4.8%, down from 4.5%–5.5%, citing global trade uncertainty and...

Finance sector unions from Sri Lanka, India, Pakistan, Nepal, and Bangladesh have pledged to advance socially responsible finance and...