

HKEX implements new rules for independent directors
Hong Kong Exchanges and Clearing (HKEX) will enforce new limitations on independent non-executive directors (INEDs) starting July next...
Dec 26, 2024


Global investors urge Korea to pass corporate governance reform
The Asian Corporate Governance Association (ACGA) has urged Korea’s National Assembly to approve revisions to the Commercial Act,...
Dec 26, 2024


Indonesia secures USD7.4bn in new Chinese investments
Indonesia secured USD7.4bn in new investment commitments from China, covering polysilicon, fiberglass, polyethylene terephthalate (PET),...
Dec 26, 2024


Hong Kong, UAE ink deal to enhance financial cooperation
The Hong Kong Monetary Authority (HKMA) and the Central Bank of the United Arab Emirates (CBUAE) held a bilateral meeting in Hong Kong...
Dec 25, 2024


South Korea warns of economic slowdown amid political turmoil
South Korea’s finance minister said a slowdown in economic growth is unavoidable as the government prepares to lower forecasts for this...
Dec 25, 2024


Thailand sees 90,000 new businesses in 2024
Thailand’s Department of Business Development (DBD) projects nearly 90,000 new businesses will register in 2024, a 2-3% increase...
Dec 25, 2024


XTransfer, OCBC partner to boost cross-border payments
XTransfer, a China-based B2B cross-border trade payment platform, has partnered with OCBC, Southeast Asia’s second-largest financial...
Dec 25, 2024


Prudential, HSBC Vietnam partner on bancassurance
Prudential Vietnam Assurance and HSBC Vietnam have formed a bancassurance partnership to address growing demand for protection and wealth...
Dec 24, 2024


Foreign firms in HK surge to 9,960, employment rises
Hong Kong hosted 9,960 firms with parent companies outside the city this year, a record high and a 10% increase from 2023, government...
Dec 24, 2024


HKMA launches GenAI sandbox with banks, tech firms
The Hong Kong Monetary Authority (HKMA) has unveiled the first participants in its generative artificial intelligence (genAI) sandbox,...
Dec 24, 2024


Digitisation, AI and climate change top SEA Central Banks’ agenda
The 60th South East Asian Central Banks (SEACEN) Governors’ Conference and 44th SEACEN Board of Governors Meeting, hosted by the Bank of...
Dec 24, 2024


ByteDance founder’s fund secures HK asset management licence
Hong Kong’s Securities and Futures Commission (SFC) has granted a type 9 asset management licence to Cool River Venture HK, a private...
Dec 23, 2024


Financial industry leader to head Japan’s Keidanren for first time
Japan’s biggest business lobby, Keidanren, plans to appoint Nippon Life Insurance Chairman Yoshinobu Tsutsui as its next head, current...
Dec 23, 2024


New HKEX platform offers direct market data
Hong Kong Exchanges and Clearing (HKEX) launched a new online data platform, HKEX Data Marketplace, allowing global investors direct...
Dec 23, 2024


Losses widen at Singapore’s digital startup banks
Singapore’s digital banks remain loss-making despite increased revenues since their launch about two years ago. GXS Bank, backed by Grab...
Dec 23, 2024


Fidelity’s group of 2,000 family offices names new chief
A family office group owned by the parent of Fidelity Investments appointed Kimberly Sheehy to oversee its Communities Center of...
Dec 20, 2024


South Korean economy grows 6.9% per year since 1954
South Korea’s economy grew at an annualised average of nearly 7% after a revision in the base year for economic growth data, central bank...
Dec 20, 2024


Nuveen secures USD100m investment mandate from Korea’s GEPS
Nuveen secured a USD100m commitment from South Korea’s Government Employees Pension Service (GEPS) for a US-focused private capital...
Dec 20, 2024


Hong Kong securities regulator targets Nasdaq-listed firms
Hong Kong’s securities regulator searched offices of about a dozen local finance firms and individuals last month in a probe involving...
Dec 20, 2024


China-US economic group meets in South Africa
The China-US economic working group held its seventh meeting in Johannesburg, South Africa, China’s Ministry of Finance said. The...
Dec 19, 2024

