

Beijing vows better business climate for foreign firms
China will continue to offer a world-class business environment for foreign firms, including German automakers, with market-driven...
May 2, 2025


South Korea's Carrot Insurance folded into parent Hanwha
Carrot General Insurance, South Korea’s first digital-only general insurer, is set to merge with parent firm Hanwha General Insurance...
May 2, 2025


Temasek-owned asset manager Seviora names Gabriel Lim CEO
Seviora Holdings, the Singapore-based asset management group owned by Temasek, has named Gabriel Lim as CEO-designate and board member,...
May 2, 2025


HKMA taps cargo data to streamline trade financing
The Hong Kong Monetary Authority (HKMA) has launched CargoX, a new initiative aimed at helping banks better assess companies for trade...
May 1, 2025


British asset manager Schroders to expand in Hong Kong
British asset manager Schroders plans to expand in Hong Kong as it targets Asia-Pacific’s growing wealth management and pension sectors,...
May 1, 2025


South Korea’s financial literacy tops OECD average despite decline
South Korean adults scored higher than the OECD average in financial literacy despite a slight decline from previous years, a survey by...
May 1, 2025


World Bank sees Philippines reaching upper middle-income status by 2027
The Philippines is more likely to achieve upper middle-income status by 2027, a year later than the government’s 2026 target, the World...
May 1, 2025


Half of Chinese exporters plan to cut US business amid tariff pressure
Nearly half of Chinese foreign trade companies plan to scale back business with the US following tariff hikes, according to a survey by...
Apr 30, 2025


Vietnam committed to building first International Financial Centre
Vietnam’s National Assembly could review a draft resolution for the development of an International Financial Centre (IFC) as early as...
Apr 30, 2025


Ant Group buys first brokerage licence with USD359m Bright Smart deal
Ant Group is acquiring a controlling stake in Bright Smart Securities & Commodities Group for HKD2.81bn (USD359m), marking its first...
Apr 30, 2025


LenderLink raises funds to build the Philippines’ first real-time credit bureau
LenderLink Philippines has raised USD1.25m in an oversubscribed seed round to build the country’s first high-tech, real-time credit...
Apr 30, 2025


California overtakes Japan as world’s fourth-largest economy
California has surpassed Japan and would be the world’s fourth-largest economy if it were a country, with nominal GDP reaching USD4.1tr...
Apr 29, 2025


Interactive Brokers Hong Kong fined for regulatory breaches
The Securities and Futures Commission (SFC) has fined Interactive Brokers Hong Kong (IBHK) HKD4.2m (USD537,000) for breaches related to...
Apr 29, 2025


Thailand, Malaysia strengthen ASEAN trade ties amid US policy shifts
Thailand and Malaysia have reinforced ASEAN trade cooperation in response to recent US tariff measures, following bilateral talks between...
Apr 29, 2025


China confident of meeting 2025 growth target
China’s state planner expressed confidence that the country will achieve its 2025 economic growth target of around 5%, pledging to roll...
Apr 29, 2025


Malaysia’s Forest City SFZ draws first two family offices
Forest City’s Special Financial Zone (SFZ) in Johor, Malaysia, has secured its first two family offices—CMY Capital and Yow Kee—marking a...
Apr 28, 2025


Thailand courts Korean investment for financial hub push
Thailand has invited South Korean investors to participate in its newly launched Thailand Financial Hub initiative, aimed at positioning...
Apr 28, 2025


Beijing opens more sectors to foreign investment in 2025 list
China has reduced the number of industries restricted for foreign investment to 106 from 117 under its updated 2025 “negative list”,...
Apr 28, 2025


Single-family offices in Asia forecast to rise 40% by 2030
Single-family offices in Asia Pacific are projected to grow 40% to 3,200 by 2030, outpacing North America, according to a report by...
Apr 28, 2025


Family office must scale up for bigger deals says PwC
Family offices need to strengthen their operational capabilities to manage larger investment deals as transactions shift toward private...
Apr 25, 2025

