Southeast Asian banks, including those in the Philippines, face asset quality risks due to increasing household debt and elevated...

HSBC Holdings has appointed insider Pam Kaur as its first female finance chief, replacing Georges Elhedery who became CEO earlier this...

Southeast Asia must increase clean energy investments to USD190bn annually by 2035—about five times the current level—to meet climate...

Wealthy European families are increasingly turning to Hong Kong to establish family offices and invest, aiming to diversify their...

Singapore's Temasek Holdings and Saudi Arabia's Public Investment Fund (PIF) have the strongest intrinsic credit quality among 11...

Iranian lender Bank Mellat is contemplating withdrawing from South Korea due to mounting fears of U.S. secondary sanctions, an official...

Family offices in Hong Kong are increasingly integrating philanthropy into their core strategies, viewing it as more than just charitable...

The Hong Kong Monetary Authority (HKMA) announced that 10% of the Exchange Fund's investments are in sustainable assets and expects the...

Thailand is pursuing a partnership with Hong Kong to collaborate on developing a financial hub serving as a gateway to ASEAN markets,...

Ping An Insurance Group Co of China Ltd reported a 36.1% increase in net profit for the first nine months of the year, driven by higher...

Singapore's Deputy Prime Minister and Minister for Trade and Industry, Gan Kim Yong, stated that while many of the Single Family Offices...

Zurich-based US insurer Chubb has appointed Jon Longmore as country president for Malaysia, effective November, pending regulatory...

Family offices in Asia are increasingly embracing digital assets, with 76% of private wealth in the region already invested in the space,...

Hong Kong Chief Executive, John Lee Ka-chiu, has released The Chief Executive 2024 Policy Address on 16 October in which enhancements...

China’s economy likely recorded its weakest growth in six quarters, with third-quarter expansion expected at 4.5%, according to...

Disillusioned Chinese bankers and fund managers are leaving the finance sector, where government regulations and campaigns like "common...

The three consortiums awarded virtual bank licenses in Thailand are expected to invest between BHT3bn and BHT5.7bn from mid-2025 to...

HSBC Holdings Plc is reviewing expenses and operational controls at its China digital wealth business, Pinnacle, potentially leading to...

Hong Kong has been ranked as the world’s freest economy in the Fraser Institute’s Economic Freedom of the World: 2024 Annual Report,...

Malaysia is emerging as a key player in the ASEAN family office space, leveraging its leadership in Islamic wealth management and...