

Vietnam PM urges banks to implement Basel III
Vietnamese Prime Minister Phạm Minh Chính has instructed the State Bank of Vietnam (SBV) to consider commercial banks’ proposals on...
Apr 3, 2025


Thai insurers rethink disaster policies after earthquake
Thailand’s insurance industry is preparing to discontinue free earthquake coverage and introduce standalone policies following the recent...
Apr 3, 2025


China, Japan, South Korea vow stronger trade ties
Trade ministers from China, Japan, and South Korea pledged to deepen economic ties and ensure the smooth flow of goods, a few days before...
Apr 2, 2025


Three investment firms set up offices in HK
Three investment firms, including one from the United States, are establishing offices in Hong Kong as the city sees renewed financial...
Apr 2, 2025


Japan business sentiment dips as trade tensions rise
Positive business sentiment among Japan’s major manufacturers declined in the three months to March, reflecting mounting trade tensions,...
Apr 2, 2025


More employees, fewer executives at South Korea’s top 30 conglomerates
South Korea’s top 30 conglomerates reduced executive positions while increasing their workforce in 2024 amid an economic slowdown,...
Apr 2, 2025


Hong Kong’s family office count to exceed 3,000
Hong Kong’s family office count is expected to exceed 3,000 as geopolitical tensions drive investors to the city, according to Financial...
Apr 1, 2025


Hong Kong launches digital knowledge hub for family offices
Hong Kong has launched the Family Office Nexus Digital Knowledge Hub to support family offices with insights on wealth management,...
Apr 1, 2025


Taiwan approves Taishin Financial - Shing Kong Financial merger
Taiwan’s Financial Supervisory Commission has approved the merger of Taishin Financial Holding Co and Shin Kong Financial Holding Co,...
Apr 1, 2025


HSBC to boost wealth investments in Hong Kong
HSBC plans to significantly expand its wealth management and technology investments in Hong Kong, leveraging the city as a base to...
Apr 1, 2025


DBS eyes majority stake in Indonesia's Panin Bank
DBS Group is leading the race to acquire a controlling stake in Indonesia’s Panin Bank, ahead of Malaysia’s CIMB Group, according to...
Mar 31, 2025


HKMA plans Wealth Connect 3.0 expansion
The Hong Kong Monetary Authority (HKMA) is preparing to launch ‘Wealth Connect 3.0’, an upgraded version of its cross-border...
Mar 31, 2025


Hong Kong promotes itself as top family office hub at summit
Hong Kong positioned itself as a prime destination for family offices at the Wealth for Good in Hong Kong Summit on Wednesday, drawing...
Mar 31, 2025


South Korea vows financial stability amid global risks
South Korea's top financial regulator pledged to take pre-emptive steps to safeguard financial stability as the country faces challenges...
Mar 31, 2025


Global family office market to double by 2032
The global family office market is projected to grow from USD27.2bn in 2022 to USD54.7bn by 2032, driven by rising wealth and complex...
Mar 28, 2025


Global investment firms setting up offices in Hong Kong
France’s Ardian SAS and US-based Arga Investment Management LP are setting up offices in Hong Kong, signalling renewed interest in the...
Mar 28, 2025


AXA targets double-digit growth in Thai market
AXA Insurance Thailand is aiming for double-digit growth in non-life insurance premiums this year, banking on strong demand in motor,...
Mar 28, 2025


Philippine banks see millions lost to cyberattacks in 2024
Financial institutions supervised by the Bangko Sentral ng Pilipinas (BSP) reported cyberattack-related losses amounting to PHP5.82bn...
Mar 28, 2025


Hong Kong set to exceed family office target
Hong Kong is on track to surpass its target of attracting over 200 large family offices by year-end, Secretary for Financial Services and...
Mar 27, 2025


Hong Kong to host wealth summit amid global push
Hong Kong will host the third Wealth for Good in Hong Kong Summit on March 26, highlighting its role as a global wealth management hub....
Mar 27, 2025

