

Binance targets Thailand as key market in push for mainstream crypto adoption
Binance has identified Thailand as a key market in its goal to mainstream cryptocurrency, aiming to reach one billion users globally,...
Nov 6, 2024


ANEXT Bank, Schroders to offer investment funds for MSMEs
Singapore-based digital wholesale bank ANEXT has partnered with asset manager Schroders to provide investment funds tailored for micro,...
Nov 6, 2024


Mizuho Bank acquires USD20m stake in climate investment firm
Mizuho Bank is acquiring a minority equity stake in climate investment and advisory firm Pollination for USD20m to bolster Pollination's...
Nov 6, 2024


Asset manager BlackRock names Yoon Pyo Lee as South Korea head
BlackRock has appointed Yoon Pyo Lee as managing director and head of its South Korea operations, effective December 20, the asset...
Nov 5, 2024


Japan's Nikko Asset Management enters Asia's growing private debt market
Japanese firm Nikko Asset Management is venturing into Asia's private debt sector through a partnership with France's Tikehau Capital, a...
Nov 5, 2024


Singapore’s MAS advances tokenisation in financial services
The Monetary Authority of Singapore (MAS) announced new initiatives to promote tokenization in financial services, aiming to deepen asset...
Nov 5, 2024


Singapore's life insurers maintain strong capital buffers
Singapore's nine key life insurers are maintaining healthy capital buffers, with almost all achieving capital adequacy ratios (CAR) of at...
Nov 5, 2024


Malaysia orders audit into Khazanah's loss-making investment
Malaysian Prime Minister Anwar Ibrahim has ordered sovereign wealth fund Khazanah Nasional Berhad to conduct an internal audit over...
Nov 4, 2024


Hong Kong economy slows to weakest pace in five quarters
Hong Kong's economy grew by 1.8% in Q3 compared to the same period last year, marking the slowest pace in five quarters, according to...
Nov 4, 2024


China trims minimum investment threshold for foreign investors
China has eased regulations to attract foreign investment, allowing overseas individuals to provide capital to publicly traded firms as...
Nov 4, 2024


Saudi Arabia and Hong Kong to Launch USD1bn investment fund
Saudi Arabia's Public Investment Fund (PIF) and the Hong Kong Monetary Authority (HKMA) signed a memorandum of understanding on October...
Nov 4, 2024


Centaline partners with China AMC to grow family office offerings
Centaline Group, one of Hong Kong’s largest property agencies, is expanding its family office business by partnering with China Asset...
Nov 1, 2024


Indonesia boosts sharia economy to strengthen growth
Indonesia is emphasising the strategic role of sharia economics and finance in driving sustainable economic growth amid complex global...
Nov 1, 2024


Thailand directs digital asset operators to combat money laundering
Thailand’s Securities and Exchange Commission (SEC) has instructed digital asset operators to file suspicious transaction reports to...
Nov 1, 2024


Manulife trims 2.5% of wealth staff to focus on growth
Manulife Financial Corp has cut hundreds of jobs in its global wealth and asset management division, amounting to about 2.5% of the...
Nov 1, 2024


Asia-Pacific tax officials meet in Seoul to boost cooperation
Top tax officials from 18 countries began a four-day meeting in Seoul for the 53rd annual gathering of the Study Group on Asia-Pacific...
Oct 31, 2024


MAS launches global finance, technology network to boost Singapore fintech
The Monetary Authority of Singapore (MAS) announced the creation of the Global Finance & Technology Network (GFTN) to enhance Singapore’s...
Oct 31, 2024


Money managers reduce exposure to Japan, Hong Kong pre US election
Investors in Asia are selling yen and seeking refuge in cash, Indian and select Chinese markets, and Singapore dollars ahead of the U.S....
Oct 31, 2024


UBS’s Asia wealth unit rebounds with strong asset growth
UBS’s Asia wealth unit has bounced back after two consecutive quarters of declines, reporting significant growth in assets under...
Oct 31, 2024


Philippines eyes top 20% in World Bank business ready rankings by 2026
The Philippines aims to join the top 20% of countries in the World Bank’s Business Ready (B-READY) rankings by 2026, according to the...
Oct 30, 2024

