Toshiba Corp is set to cut thousands of jobs in Japan, primarily in back-office departments, as part of a new business strategy to be...

The Philippines Securities and Exchange Commission (SEC) has abolished the minimum commission rate that stockbrokers can charge,...

Dutch bank ING has named Gautam Saxena as its new head of corporate finance for the Asia-Pacific region, overseeing 11 markets including...

Abu Dhabi Islamic Bank (ADIB) is in preliminary talks to purchase a 15% stake worth about USD1.1bn in Indonesia’s leading Islamic lender,...

Singapore-based Endowus has expanded its wealth management services to Hong Kong, launching a full-service platform. The digital wealth...

The International Monetary Fund (IMF) forecasts global economic growth to remain steady at 3.2% for 2024 and 2025, supported by robust...

Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific region amid cost-cutting efforts. Weaker...

China’s economy exceeded expectations in the first quarter of the year, growing at an annual rate of 5.3%, surpassing forecasts of 4.8%,...

Julius Baer, a Zurich-based bank, has named Benjamin Sim as the head of Greater China markets in Singapore, effective June 1. Sim, who...

Small and medium-sized enterprises (SMEs) in Singapore remained in contraction for the fifth consecutive quarter, with the OCBC SME Index...

Taiwan’s fund houses saw a significant increase in management fees from exchange-traded funds (ETFs), earning TWD9.1bn (USD281.1m) in...

BNP Paribas has been authorised by the China Securities Regulatory Commission (CSRC) to establish a fully-owned securities brokerage in...

In Q1 of 2024, several banks in Vietnam reported strong performance indicators, highlighted by significant credit growth. SeABank...

Hong Kong regulators approved the launch of spot bitcoin and ether exchange-traded funds (ETFs), following similar moves in the US this...

Private sector investments in Southeast Asia’s green economy rose 20% to USD6.3bn in 2023, from USD5.2bn the previous year, according to...

South Korea’s vice chairman of the Financial Services Commission, Kim So-young, met with Andreas Barckow, chief of the International...

Singapore has condemned recent air attacks on Israel, attributing them to Iran as retaliation for an Israeli strike on Iran’s consulate...

Japan’s push to reclaim its tech leadership could hinge on embracing rapid innovation and expanding its tech sectors like AI,...

Investors trading on the Hong Kong Exchanges and Clearing (HKEX) may soon have the option to use multiple clearing banks for cash...

In the first quarter of 2024, Vietnam’s insurance premium revenue declined by 4.3% to VND53.29tr (USD2.11bn), marking the fourth...