

Wealth Management Alliance names industry veteran Knabl as managing partner
Singapore-based multi-family office Wealth Management Alliance (WMA) has appointed industry veteran Steve Knabl as managing partner. WMA,...
Oct 8, 2024


World Bank raises Malaysia's 2024 growth forecast to 4.9%
The World Bank Group has upgraded Malaysia’s economic growth forecast for 2024 to 4.9%, up from an initial 4.3% projected in April....
Oct 7, 2024


Hong Kong poised to surpass Switzerland as top wealth hub
Hong Kong is set to overtake Switzerland as the world’s leading destination for wealth management by 2027-28, according to government...
Oct 7, 2024


South Korea and Singapore to establish strategic partnership in 2025
South Korean President Yoon Suk Yeol announced that South Korea and Singapore will enter into a strategic partnership next year, marking...
Oct 7, 2024


Family offices shift from cash to risk assets, optimistic on returns
Family offices worldwide have significantly increased their exposure to risk assets in 2024, moving away from cash holdings, according to...
Oct 7, 2024


Thailand poised as SE Asia’s digital hub with major investments
Thailand is set to become a digital economic hub in Southeast Asia, driven by the expansion of domestic data centres and cloud services,...
Oct 4, 2024


Japan’s business sentiment steady in Q3, tankan survey shows
Business sentiment among Japan’s large manufacturers remained unchanged in the latest quarter, according to the Bank of Japan’s tankan...
Oct 4, 2024


Hong Kong banks offer incentives to attract mainland clients during golden week
Major Hong Kong banks including HSBC, Citibank, DBS, and Bank of East Asia offered special incentives such as horse racing, golf events,...
Oct 4, 2024


Azure Capital secures funding for multifamily growth in China
Azure Capital Partners, backed by Hong Kong-listed H World Group Limited and leading institutional investors, has secured new investment...
Oct 4, 2024


IMF lowers Philippines GDP growth forecast amid persistent inflation
The International Monetary Fund (IMF) has reduced its economic growth projections for the Philippines, citing ongoing high inflation that...
Oct 3, 2024


BNP Paribas names Laure Ly head of Hong Kong securities services
Paris-based BNP Paribas Securities Services has announced the appointment of Laure Ly as the new head of its Hong Kong operations. Ly,...
Oct 3, 2024


AUM at China’s public offering funds surpass USD4.4tr
The net value of assets under management for China’s public offering funds exceeded CNY30.9tr (USD4.41tr) by the end of August, according...
Oct 3, 2024


HSBC-IFC joint fund targets emerging market bonds
HSBC Holdings Plc’s asset management unit is partnering with the International Finance Corp (IFC) to launch a joint fund supporting...
Oct 3, 2024


China’s stock market surges on Beijing’s stimulus, investors flock to equities
China’s stock market experienced a dramatic rally in Q3 2024, driven by Beijing’s latest policy measures and investor fear of missing...
Oct 2, 2024


Bursa Malaysia reviews listing rules
Following the launch of Malaysia’s National Sustainability Reporting Framework (NSRF), Bursa Malaysia Securities Berhad is revising its...
Oct 2, 2024


Indonesia stock exchange sees significant growth in investor base
As of September 2024, the Indonesia Stock Exchange (IDX) reported a total of 6 million stock investors, up by over 744,000 from 2023....
Oct 2, 2024


Thailand’s inspections reveal few illegal nominee operations
Thailand’s Business Development Department reported that out of more than 26,000 businesses inspected for illegal nominee operations,...
Oct 2, 2024


Citi survey shows Asian family offices bullish on equities, AI investments
Citi Private Bank’s 2024 Family Office Survey reveals Asian family offices remain optimistic despite global uncertainties. The Asia...
Oct 1, 2024


Chinese firms discuss international expansion at Shanghai forum
Over 80 business and academic leaders convened in Shanghai to explore the opportunities and challenges for Chinese companies aiming to go...
Oct 1, 2024


SG's Matrixport acquires Crypto Finance’s asset management unit
Matrixport, a Singapore-based crypto financial services platform with over 290 employees serving more than 40 countries, has acquired...
Oct 1, 2024

