

Thailand plans ESG fund to stabilise stock market
Thailand is set to finalise a new ESG fund in the first quarter to ease selling pressure from maturing long-term equity funds (LTFs), a...
Feb 21, 2025


South Korea moves to tighten tax penalties on multinational firms
South Korea’s parliament has advanced a bill imposing stricter penalties on multinational firms like Google and Netflix if they fail to...
Feb 21, 2025


Sy family’s SM Prime to invest in malls, offices, hotels in the Philippines
Philippines’ SM Prime Holdings Inc., led by the Sy family, is allocating up to PHP33bn (USD568m) in 2025 to expand its commercial...
Feb 21, 2025


Financial influencers pose risks, global regulators urge oversight
Financial influencers pose risks to retail investors, requiring enhanced monitoring, said Jean-Paul Servais, chairman of the...
Feb 20, 2025


Finance, tech sectors drive HK hiring growth
Hong Kong’s job market is recovering, with financial services and technology sectors leading in headcount and salary growth. Recruitment...
Feb 20, 2025


Japan’s Q4 GDP surges 2.8%, beating expectations
Japan’s economy grew at an annualised 2.8% in the fourth quarter of 2024, exceeding forecasts of 0.3%, driven by steady exports and...
Feb 20, 2025


Malaysia to host ASEAN, China, Gulf summit in May
Malaysia will host a joint summit in May with China, ASEAN, and the Gulf Cooperation Council (GCC) to strengthen economic ties amid...
Feb 20, 2025


Southeast Asian central banks harmonise currency framework
Malaysia, Indonesia, and Thailand will harmonise and expand their local currency transaction framework to boost cross-border trade and...
Feb 19, 2025


Chinese president Xi Jinping holds meeting with Alibaba’s Jack Ma, CEOs
Chinese President Xi Jinping met with Alibaba cofounder Jack Ma and other top business leaders, signaling Beijing’s support for the...
Feb 19, 2025


Standard Chartered joins Hong Kong stablecoin venture
Standard Chartered is partnering with Animoca Brands and telecom firm HKT to launch a Hong Kong dollar-backed stablecoin joint venture....
Feb 19, 2025


Barclays appoints senior executives for APAC, Middle East
Barclays has appointed Vijay Shankar U.S. as managing director, head of global transaction banking, and Amaar Khan as managing director,...
Feb 19, 2025


HK financial chief positive on stock market’s outlook
Hong Kong’s financial chief expressed cautious optimism about the stock market’s outlook, citing strong investor activity and new listing...
Feb 18, 2025


Hong Kong acknowledges crypto as proof of wealth in immigration
Hong Kong acknowledged for the first time that cryptocurrencies have been used as proof of wealth under its investment immigration scheme...
Feb 18, 2025


Thailand’s 2024 GDP misses forecast
Thailand’s economy grew 2.5% in 2024, below the 2.7% forecast and lagging regional peers despite a pickup from 2% in 2023, official data...
Feb 18, 2025


Japan firms to post record earnings for fourth year
Major Japanese firms are set to post a record combined net profit for the fourth straight year in fiscal 2024, driven by Bank of Japan...
Feb 18, 2025


Singapore’s life insurance premiums rise 11.1% in Q4
Singapore’s life insurance industry recorded SGD1.6bn (USD1.2bn) in weighted new business premiums in Q4 2024, up 11.1% year on year,...
Feb 17, 2025


South Korea’s National Pension Service extends CIO Seo Won-joo’s term
South Korea’s National Pension Service, the world’s third-largest pension fund, has finalised the reappointment of Chief Investment...
Feb 17, 2025


UK steps up private talks on finance ties with Hong Kong
The UK has intensified private discussions to strengthen financial services ties with Hong Kong, deploying Treasury officials in late...
Feb 17, 2025


Taiwan to open trade, investment centre in Japan’s Kyushu
Taiwan’s Ministry of Economic Affairs plans to establish a trade and investment centre in Fukuoka, Kyushu, to support Taiwanese firms...
Feb 17, 2025


Citi Private Bank expands Asia family office team
Citi Private Bank has appointed Hoo Peng Han as director of its global family office group in Asia as it rebuilds its regional team. Hoo,...
Feb 14, 2025

