

South Korea detains tech mogul Brian Kim over stock-rigging
South Korean authorities have arrested Kakao Corp founder Brian Kim for alleged market manipulation, marking a significant legal...
Jul 24, 2024


JIA Asset Management partners with Vynn Capital in startup investments
JIA Asset Management Sdn Bhd has partnered with Vynn Capital by investing as a limited partner in the Vynn Capital Progression Fund,...
Jul 24, 2024


Philippine central bank and treasury launch intraday settlement facility
The Bangko Sentral ng Pilipinas (BSP) and the Bureau of the Treasury (BTr) have introduced a fully automated intraday settlement facility...
Jul 24, 2024


MG Non-Life Insurance fails to attract buyers in third sale attempt
MG Non-Life Insurance’s third attempt to secure a new owner has failed, highlighting concerns over its financial health. Samjong KPMG,...
Jul 23, 2024


Chinese asset manager Noah sets up new office in Japan
Noah Holdings, a leading Chinese asset manager, is expanding its Asia-Pacific operations to address the rising global investment demands...
Jul 23, 2024


Swiss asset manager GAM to close Hong Kong office
Swiss asset manager GAM Investments is set to close its Hong Kong office next year, transitioning to a new partnership with local firm...
Jul 23, 2024


Goldman Sachs appoints Jaehoon Ahn as co-country head for Korea
Goldman Sachs has named Jaehoon Ahn as the new co-country head and head of investment banking for Korea, effective mid-August. Ahn,...
Jul 23, 2024


Singapore’s financial sector sees 10% growth in AUM to USD5.41tr in 2023
Singapore’s financial sector flourished in 2023, witnessing a 10% increase in assets under management (AUM), reaching USD5.41tr by...
Jul 22, 2024


Digital family office Arta Finance secures Singapore licence
Arta Finance, a digital family office with bases in Singapore and the US, has been granted a capital markets services licence by the...
Jul 22, 2024


Indonesia plans to establish family offices to attract global wealth
Indonesia’s Chief Investment Minister Luhut Binsar Pandjaitan is finalising plans to establish family offices in the country before...
Jul 22, 2024


Indonesia unveils long-term visa scheme for investors
Indonesia launched a long-term visa scheme to attract foreign investors, President Joko Widodo announced. A 10-year visa requires...
Jul 22, 2024


Malaysia’s pension fund launches new stewardship policy
The Employees Provident Fund (EPF) of Malaysia has introduced the EPF Sustainable Investment Stewardship Policy, marking its position as...
Jul 19, 2024


HSBC appoints Georges Elhedery as new CEO from September
HSBC announced the appointment of Georges Elhedery as the new group CEO effective September 2, succeeding Noel Quinn, who will depart...
Jul 19, 2024


Hong Kong investors bullish on AI and local market investments
According to a survey by the Hong Kong Investment Funds Association, 65% of Hong Kong investors are interested in AI-related investments,...
Jul 19, 2024


Family offices launch USD100m fund for Hong Kong residency applicants
Hong Kong’s cash-for-residency scheme has spurred local family office operators to collaborate on launching a USD100 million fund...
Jul 19, 2024


ADB holds growth forecasts for Southeast Asia steady
The Asian Development Bank (ADB) maintained its 2024 and 2025 growth projections for Southeast Asia, citing a “solid improvement” in...
Jul 18, 2024


South Korea crypto exchanges boost regulations ahead of new law
South Korean cryptocurrency exchange operators are tightening regulations ahead of the Virtual Asset User Protection Law, effective this...
Jul 18, 2024


New initiatives boost opportunities for accountants in Hong Kong
Government programmes like the Capital Investment Entrant Scheme (CIES) are opening opportunities for accountants to mitigate the...
Jul 18, 2024


Singapore challenges London as top hub for family offices
Singapore is positioning itself as a strong rival to London as a hub for family offices, according to a report by KPMG and Agreus. The...
Jul 18, 2024


Shinhan Bank CEO urges stronger controls for global growth
Shinhan Bank CEO Jung Sang-hyuk emphasised the importance of customer trust and rigorous internal controls for global expansion during...
Jul 17, 2024

