

Asset manager BlackRock targets Asia’s infrastructure growth
BlackRock Inc is pursuing substantial infrastructure investments in Asia to support the booming artificial intelligence (AI) sector and...
Oct 1, 2024


SE Asia ESG funds see Q2 net outflows
Environmental, social and governance (ESG) funds in South-east Asia experienced their second consecutive quarter of net outflows in Q2...
Sep 30, 2024


HeiTech Padu acquires 30% stake in Islamic payment firm Souqa Fintech
Malaysia-based technology firm HeiTech Padu has announced plans to acquire a 30% stake in Islamic payment provider Souqa Fintech for...
Sep 30, 2024


South Korean credit cooperatives host UN forum on digital financial inclusion
The Korean Federation of Community Credit Cooperatives (KFCC) partnered with the United Nations to hold an international forum in Jeju...
Sep 30, 2024


Japan set for major IPOs
Japan is gearing up for larger initial public offerings (IPOs) in the coming months, revitalising a market that has predominantly seen...
Sep 30, 2024


China backs cross-border financing in Hong Kong
China’s state economic planner, the National Development and Reform Commission (NDRC), pledged to support more mainland companies seeking...
Sep 27, 2024


OECD forecasts global GDP growth stabilising at 3.2% in 2024-2025
Global GDP growth is expected to stabilise at 3.2% in both 2024 and 2025, with inflation continuing to ease, the Organisation for...
Sep 27, 2024


Philippines nears FATF gray list removal after reforms
The Philippines may exit the Financial Action Task Force (FATF) gray list by 2025, according to the Department of Justice (DOJ). DOJ...
Sep 27, 2024


Samsung, banks launch USD1.5bn ESG fund for SMEs
Samsung Electronics and the nation’s top five banks have created a KRW2tr (USD1.5bn) fund to support small and medium-sized businesses...
Sep 27, 2024


Hong Kong hosts 30th EAIC conference
The 30th East Asian Insurance Congress (EAIC) took place in Hong Kong from September 24 to 27, 2024, under the theme ‘Back to the Future,...
Sep 26, 2024


Hong Kong’s elite shift to private credit for high yields
Wealthy investors from Hong Kong and mainland China are increasingly turning to private credit markets to chase high yields amid sliding...
Sep 26, 2024


Financial leaders join MAS’s new cyber and tech resilience panel
The Monetary Authority of Singapore (MAS) has established a Cyber and Technology Resilience Experts (CTREX) Panel to replace its Cyber...
Sep 26, 2024


Hong Kong now top financial hub in Asia-Pacific
Hong Kong has risen to third globally and first in the Asia-Pacific region in the Global Financial Centers Index (GFCI) 36 Report,...
Sep 26, 2024


HK middle class needs HKD20m for retirement: HSBC survey
Hong Kong’s middle class needs an asset portfolio exceeding HKD20m (USD2.56m) to maintain a monthly retirement income of HKD27,000,...
Sep 25, 2024


Shanghai aims to attract more offshore PE funds
Shanghai has pledged to continue supporting investment by offshore private equity funds in local technology firms and may increase quotas...
Sep 25, 2024


Morgan Stanley faces probe over SK hynix share trades
Morgan Stanley is under investigation by South Korean authorities over alleged suspicious trading of SK hynix shares before releasing a...
Sep 25, 2024


Philippines explores partnerships with Macquarie Group
The Philippine Department of Finance is exploring investment opportunities with global financial services firm Macquarie Group, focusing...
Sep 25, 2024


Singapore Exchange names Daniel Koh as chief financial officer
Singapore Exchange (SGX) has appointed Daniel Koh as its new chief financial officer (CFO), the bourse announced on Monday. Koh will...
Sep 24, 2024


Wrise expands Hong Kong presence amid family office boom
Wrise, a wealth management platform targeting clients from Asia and the Middle East, has expanded its Hong Kong presence amid a rise in...
Sep 24, 2024


40% of Vietnam’s insurance premiums reinsured overseas
Vietnam’s non-life insurance and reinsurance companies are transferring a significant portion of their premiums to foreign reinsurers to...
Sep 24, 2024

