

Morgan Stanley PE Asia announces leadership shakeup
Morgan Stanley Private Equity Asia (PEA) is restructuring its regional teams as CEO Chin Chou retires, an internal memo reveals. The firm...
Apr 26, 2024


HKEX names former SFC chairman as new head
Carlson Tong Ka-shing, a seasoned accountant and regulator, has been named the new chairman of Hong Kong Exchanges and Clearing (HKEX),...
Apr 26, 2024


Japanese insurers shift investment strategy, reduce government bonds
Japan’s leading life insurers plan to significantly reduce their net purchases of Japanese government bonds (JGBs) in fiscal 2024, amid...
Apr 26, 2024


Noah Holdings to double wealth managers in HK, Singapore
Noah Holdings Ltd., a Shanghai-based firm with USD20.7bn assets under management, plans to double its relationship managers in Hong Kong...
Apr 25, 2024


Hong Kong small businesses optimistic for 2024 growth
Approximately 70% of small businesses in Hong Kong anticipate growth in 2024, the highest optimism in five years, as per a CPA Australia...
Apr 25, 2024


Thailand’s finance ministry defends digital wallet scheme
The Ministry of Finance in Thailand has defended its digital wallet initiative, intended to not only provide relief to vulnerable groups...
Apr 25, 2024


Vietnam’s economy set to grow 5.5% in 2024
Vietnam’s economy is poised to grow by 5.5% in 2024 and 6% in 2025, driven by recovery signs and stronger exports, according to a World...
Apr 25, 2024


Wellington partners with StanChart to offer credit strategy in Asia
Wellington Management, a top independent asset manager, today announced an exclusive partnership with Standard Chartered Private Bank to...
Apr 24, 2024


Indonesia seeks stronger position in AIIB
Indonesia’s Finance Minister Sri Mulyani Indrawati discussed strengthening Indonesia’s role within the Asian Infrastructure Investment...
Apr 24, 2024


Bank of Singapore names new Hong Kong CEO
OCBC’s Bank of Singapore has appointed Rickie Chan as the new CEO of its Hong Kong branch, effective immediately. Chan, who also serves...
Apr 24, 2024


World Bank, Philippines plan major tax system digital upgrade
The World Bank is committed to assisting the Philippines in enhancing tax collection through comprehensive digitisation initiatives....
Apr 24, 2024


Global hedge fund assets hit record USD4.3tr in Q1
The global hedge fund industry ended the first quarter with a record USD4.3tr in assets, data provider HFR said on Monday. The industry...
Apr 23, 2024


BNP Paribas hires 30 for new China securities operation
BNP Paribas SA has hired around 30 staff to start its securities operation in China, re-entering the market 17 years after leaving a...
Apr 23, 2024


China’s deals slowdown hits HK’s investment banking sector
Hong Kong investment bankers face potential job cuts amid a deal slowdown in China, according to Bloomberg Intelligence. About 200...
Apr 23, 2024


Singapore regulator bans convicted Manulife rep for 12 years
The Monetary Authority of Singapore (MAS) issued a 12-year prohibition order against former Manulife representative Ong Ka Yong for...
Apr 23, 2024


South Korea launches USD16.6bn green venture capital fund
South Korea’s Finance Minister Choi Sang-mok announced at the G20 finance leaders’ meeting in Washington a venture capital fund of...
Apr 22, 2024


Hong Kong unemployment edges up to 3% in March quarter
Hong Kong’s unemployment rate rose slightly to 3% in the March quarter, with an increase of 9,400 unemployed persons. Unemployment rates...
Apr 22, 2024


SCB Julius Baer appoints new CEO in Thailand
Peerapong Jirasevijinda has been appointed as the new CEO of SCB Julius Baer, the joint venture between Julius Baer and Siam Commercial...
Apr 22, 2024


Two firms eye Islamic banking operations in the Philippines
Maybank Philippines, along with another foreign entity, plans to introduce Islamic banking operations in the country, according to the...
Apr 22, 2024


Banking sector faces AI, ML Risks, Basel committee chair warns
Banks must manage risks associated with using artificial intelligence (AI) and machine learning (ML) in their operations, stated Bank of...
Apr 19, 2024







