

BOJ Lifts Economic Outlook Following US-Japan Trade Agreement
The Bank of Japan (BOJ) has maintained its interest rate at 0.5% while adopting a more optimistic view on the economic outlook, following...
Aug 4, 2025


VMS Group Builds Hedge Fund Team as Hong Kong Family Offices Shift to Liquidity
VMS Group, a Hong Kong-based multi-family office managing approximately USD4bn, is expanding into hedge funds to cater to client demand...
Aug 4, 2025


BSP to Ease Bancassurance Rules in 2025 to Expand Insurance Access
The Bangko Sentral ng Pilipinas (BSP) will issue revised guidelines this year to allow banks in the Philippines to sell insurance...
Aug 4, 2025


Hong Kong Showcases Innovation and Art Trading Strengths in New Economic Report
Hong Kong is highlighting its transformation into a hub for innovation, international legal services, and art trading in a new government...
Aug 4, 2025


Hong Kong Family Office Growth Accelerates with Policy Reforms
The Hong Kong SAR government is intensifying efforts to expand its family office (FO) sector as part of a broader asset and wealth...
Aug 1, 2025


IMF Upgrades Malaysia 2025 Growth Forecast Amid Trade Policy Uncertainty
The International Monetary Fund has revised Malaysia’s 2025 GDP growth forecast upward to 4.5% from 4.1%, citing improved prospects for...
Aug 1, 2025


HSBC Adds 300,000 Wealth Clients in Hong Kong Amid Strong Q2 Results
HSBC has reported a significant increase in its wealth management business, driven by the addition of 300,000 new clients in Hong Kong in...
Aug 1, 2025


HSBC to Exit Bangladesh Retail Banking in Global Streamlining Drive
HSBC has announced plans to exit its retail banking operations in Bangladesh as part of a global strategy to streamline operations and...
Aug 1, 2025


HKMA Business Credit-Scoring Pilot Boosts SME Loan Access
The Hong Kong Monetary Authority (HKMA) is piloting a business credit-scoring system under its Commercial Data Interchange (CDI) scheme...
Jul 31, 2025


Indonesia Wealth Surge: Prajogo Pangestu Adds USD20bn in Three Months
Indonesian tycoon Prajogo Pangestu has grown his net worth by over USD20bn since April, reaching USD36.2bn, according to Bloomberg data....
Jul 31, 2025


Malaysia GDP Forecast Cut to 4%-4.8% Amid Trade Uncertainty
Bank Negara Malaysia has lowered its 2025 GDP growth forecast to 4%–4.8%, down from 4.5%–5.5%, citing global trade uncertainty and...
Jul 31, 2025


Asia Finance Unions Push Socially Responsible Reform at SAFSUC Colombo
Finance sector unions from Sri Lanka, India, Pakistan, Nepal, and Bangladesh have pledged to advance socially responsible finance and...
Jul 31, 2025


MPF Asset Growth Hits Record USD178bn as Hong Kong Accounts Surge
Hong Kong’s Mandatory Provident Fund (MPF) assets have surged past HKD1.4tr (USD178bn) as of end-June, reaching a historic high,...
Jul 30, 2025


Vietnam Financial Centres Plan Gains Swiss Expertise for Future Growth
Vietnam is partnering with Switzerland to develop international financial centres, National Assembly Chairman Tran Thanh Man said during...
Jul 30, 2025


APAC Bank Fraud Risks Rise with Scams and Mule Accounts, FICO Reports
Scams and money mule accounts have overtaken traditional fraud as the primary threat to banks in Asia-Pacific, according to a FICO survey...
Jul 30, 2025


Airwallex MAS Licence Secured for Yield Investment Product in Singapore
Airwallex has obtained a Capital Markets Services (CMS) licence from the Monetary Authority of Singapore, allowing it to launch its...
Jul 30, 2025





