

Philippines outperforms major Asian economies in growth, says IMF
The International Monetary Fund (IMF) highlighted the Philippines as one of the resilient economies in the region, driven largely by...
May 3, 2024


Vietnam, Korea strengthen ties over financial stability seminar
Vu Ne Tang, the acting chief of Vietnam's National Financial Supervisory Commission, expressed appreciation for Korea's guidance on...
May 3, 2024


Mixed financial trends in HK's March monetary report
The Hong Kong Monetary Authority disclosed a modest 0.2% increase in total deposits at authorised institutions for March, despite a...
May 3, 2024


IMF upgrades 2024 Asia's economic outlook
The IMF has raised its 2024 growth forecast for Asia to 4.5%, up from 4.2% in its October estimate, reflecting improved economic...
May 2, 2024


HSBC CEO Noel Quinn to retire after record profit streak
HSBC announced that CEO Noel Quinn will retire after nearly five years, during which he led the bank to record profits and its strongest...
May 2, 2024


Microsoft aims to skill 2.5m in AI across SE Asia by 2025
Microsoft has announced a plan to train 2.5 million people in Southeast Asia in AI skills by 2025, partnering with governments,...
May 2, 2024


AIA launches wealth centre in Singapore for affluent clients
Hong Kong-based AIA has opened a new Wealth Center in Singapore, targeting affluent and high-net-worth individuals and families. Located...
May 2, 2024


Global economic confidence among finance professionals hits new high
Finance professionals' economic confidence has reached its highest level since early 2023, according to a recent survey by the...
May 1, 2024


Barclays hires from Goldman, Citi to enhance Asia trading operations
Barclays Plc is expanding its presence in Asia, outpacing some U.S. competitors after hiring nearly a dozen top sales and trading staff...
May 1, 2024


Philippine fintech receives major funding to launch new credit products
The International Finance Corp. (IFC), a World Bank entity focused on the private sector, is investing USD7m in the Philippine fintech...
May 1, 2024


APAC investors bullish on private debt, real estate despite economic challenges
Despite high inflation and rising borrowing costs affecting leveraged private-market investments, institutional investors in Asia-Pacific...
May 1, 2024


SG’s Temasek Trust starts new philanthropic advisory firm
Temasek Trust, founded by Singapore’s state investment fund Temasek Holdings, has launched TT Foundation Advisors (TTFA), a new provider...
Apr 30, 2024


2,000 CICC bankers face pay cuts
China International Capital Corp. (CICC), a leading investment banking firm in China, is cutting the base salaries of its onshore...
Apr 30, 2024


HSBC closes independent asset management units in HK and Singapore
HSBC Holdings Plc has closed its independent asset management business in Hong Kong and Singapore, following a strategic review. This...
Apr 30, 2024


Singapore PM Lee says Indonesia to drive ASEAN’s green growth
Singapore's prime minister, Lee Hsien Loong, expressed anticipation for Indonesia to spearhead Southeast Asia's green economy growth...
Apr 30, 2024


Hong Kong's GDP set to grow 2.5-3.5% in Q1
Hong Kong's GDP is expected to continue its moderate growth trend, projecting a 2.5% to 3.5% increase for the first quarter, according to...
Apr 29, 2024


Woori Financial joins bid for Lotte Insurance
Woori Financial Group has joined the race to buy Lotte Insurance, South Korea's seventh-largest non-life insurer, aiming to boost its...
Apr 29, 2024


Thailand appoints new finance minister in cabinet reshuffle
Thai Prime Minister Srettha Thavisin has named Pichai Chunhavajira, a seasoned capital markets expert, as the country's new finance...
Apr 29, 2024


Philippines pushes for US free trade agreement amid election year
The Philippines continues to actively pursue a bilateral free trade agreement (FTA) with the US, despite not being a priority for the US...
Apr 29, 2024


Indonesia, Australia ink crypto tax info sharing agreement
The Indonesian Directorate General of Taxes (DGT) and the Australian Taxation Office (ATO) have signed a Memorandum of Understanding to...
Apr 26, 2024







