

HSBC to open third wealth centre in Hong Kong
HSBC will open its third wealth centre in Hong Kong in the second half of 2025, moving ahead despite market volatility driven by the...
Apr 21


Global economy faces recessionary path, UN says
Global economic growth is projected to slow to 2.3% in 2025, down from 2.8% in 2024, placing the world on a recessionary path, the UN...
Apr 21


HK pushes tax perks, events to attract family offices
Hong Kong is intensifying efforts to attract family offices, targeting 200 new large entrants by end-2025, adding to the 2,700 already...
Apr 18


Malaysia, China strengthen ties as US tariffs loom
China and Malaysia signed 31 preliminary cooperation agreements during President Xi Jinping’s state visit, underscoring Beijing’s bid to...
Apr 18


DL Holdings restructures its Digital Family Office with strategic investors
DL Holdings Group has restructured its DL Digital Family Office (DLDFO), introducing three strategic investors at a USD35m valuation and...
Apr 18


Indonesia, Qatar launch USD4bn development fund
Indonesia’s sovereign wealth fund Danantara Indonesia and the Qatar Investment Authority will jointly manage a USD4bn investment fund to...
Apr 18


Global family offices boost interest in HK amid trade tensions
Family offices from Dubai, Saudi Arabia, the UK, and other regions are increasingly establishing a presence in Hong Kong, attracted by...
Apr 17


Malaysia’s largest asset manager says US, China remain part of portfolio
Permodalan Nasional Bhd (PNB), Malaysia’s largest asset manager, said US and China assets will remain a core part of its portfolio...
Apr 17


Japan’s Dai-ichi Life buys 15% stake in Australia’s Challenger
Dai-ichi Life Holdings will acquire a 15.1% stake in Australian life insurer Challenger Ltd for JPY80bn ($559m) from MS&AD Insurance...
Apr 17


Hong Kong unveils new e-banking rules to fight fraud
The Hong Kong Monetary Authority (HKMA) will launch new anti-fraud measures on Monday to curb financial scams that caused losses of...
Apr 17


Indonesia targets US talks to counter tariff impact
Indonesia is set to hold a week-long series of trade, investment, and financial-sector talks in Washington from April 16 to 23 as it...
Apr 16


IFF Launches Sci-Tech Finance Committee in Wuhan
The International Finance Forum (IFF) launched its Sci-Tech Finance Committee at the Wuhan Institute of Industrial Innovation and...
Apr 16


Moody’s flags Taiwan insurers’ vulnerability to market swings
Taiwan’s insurance sector is more exposed to market volatility triggered by US tariffs due to smaller capital buffers, while its banks...
Apr 16


Singapore’s GSX Bank acquires Validus Capital
GXS Bank has received regulatory approval to acquire Validus Capital, the Singaporean SME lending subsidiary of Validus Investment...
Apr 16


Bilateral trade surges as China bets on Vietnam
China and Vietnam are poised to strengthen economic ties through complementary trade structures, digital transformation, and regional...
Apr 15


JP Morgan taps investment veteran for Asia institutional clients
JP Morgan Private Bank has appointed Wayne Bowers as managing director and head of institutional investment solutions in Asia, as the...
Apr 15


Family-owned enterprises generate USD8.8tr in 2024
Family-owned businesses are crucial to the global economy, generating USD8.8tr in revenue in 2024, a 10% increase from 2023, and...
Apr 15


Singapore deal-making holds amid global market turmoil
Despite global trade uncertainty and rising market volatility, Singapore may remain a hub for deal-making as firms restructure supply...
Apr 15


Singapore faces parliament scrutiny over family office governance
Singapore’s regulatory approach to family offices is under scrutiny following a recent multi-million-dollar scandal involving a...
Apr 14


Citi aims to expand wealth management front office in Asia
Citi is targeting significant growth in its wealth management operations in Asia, with a particular focus on expanding its front office...
Apr 14







