The Hong Kong Investment Funds Association (HKIFA) said Mandatory Provident Fund (MPF) trustees are not required to reduce their holdings...

City Developments Ltd. (CDL), controlled by billionaire Kwek Leng Beng, has agreed to sell its 50.1% stake in the South Beach mixed-use...

StepStone Group, a global private markets investment firm, has opened a new office in Jeonju strengthening its partnership with the...

Hong Kong plans to introduce incentives to attract more issuers and investors to catastrophe bonds as part of efforts to strengthen its...

Mainland Chinese households hold CNY160tr (USD22tr) in cash, mostly in time deposits, with HSBC estimating that up to CNY50tr in excess...

RBC Wealth Management has expanded its Asia team with a series of senior appointments in Hong Kong, strengthening coverage for clients...

Indonesia’s economy is forecast to grow by 4.7% in 2025 and 4.8% in 2026, slightly below previous projections, due to weaker external...

Ironbark Investment Partners has acquired Mercury Private, a Sydney-based boutique family office business managing USD1.3bn in assets, to...

PwC is reportedly cutting ties with around 50 partners in Hong Kong amid pay reductions of up to 30% across departments, according to...

South Korea’s new president faces a fragile economy marked by declining investment, weak consumption, and rising external trade...

GrabInsure, the insurance arm of Grab, is preparing to enter Singapore’s motor insurance market following its receipt of a general...

Vietnam’s National Assembly has passed Resolution 198, introducing new measures to support private sector development by limiting...

Citi has appointed banking veteran Wenjie Zhang as its new country officer and banking head for China, effective July 2025, pending...

Single family offices now oversee more than USD4.67tr in assets under management, making them a major force in institutional investing,...

Hong Kong’s Mandatory Provident Fund (MPF) assets rose nearly 4% to HKD1.34tr (USD171bn) in the first quarter of 2025, boosted by a 15%...

Partners Group has launched a new evergreen fund targeting individual investors in Asia, Europe, and the Middle East, offering access to...

Singapore’s appeal as a safe haven for wealth is rising as a local gold reserve saw an 88% year-on-year surge in bullion storage orders...

New World Development is seeking to complete a HKD87.5bn (USD11bn) refinancing deal with over 50 banks by end-June, in one of Hong Kong’s...

Southeast Asian leaders agreed not to strike US tariff deals that could harm fellow ASEAN economies, Malaysia's Prime Minister Anwar...

The Asian Infrastructure Investment Bank (AIIB) is in talks to open offices in Hong Kong and Singapore, marking its most significant...