HSBC has reported a significant increase in its wealth management business, driven by the addition of 300,000 new clients in Hong Kong in...

The Hong Kong Monetary Authority (HKMA) is piloting a business credit-scoring system under its Commercial Data Interchange (CDI) scheme...

Indonesian tycoon Prajogo Pangestu has grown his net worth by over USD20bn since April, reaching USD36.2bn, according to Bloomberg data....

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...

Finance sector unions from Sri Lanka, India, Pakistan, Nepal, and Bangladesh have pledged to advance socially responsible finance and...

Hong Kong’s Mandatory Provident Fund (MPF) assets have surged past HKD1.4tr (USD178bn) as of end-June, reaching a historic high,...

Vietnam is partnering with Switzerland to develop international financial centres, National Assembly Chairman Tran Thanh Man said during...

Scams and money mule accounts have overtaken traditional fraud as the primary threat to banks in Asia-Pacific, according to a FICO survey...

Airwallex has obtained a Capital Markets Services (CMS) licence from the Monetary Authority of Singapore, allowing it to launch its...

China passed a value-added tax (VAT) law that will take effect on January 1, 2026, consolidating existing regulations and retaining exemptions for certain items. VAT is China’s biggest tax category, contributing about 38% of national tax revenue in 2023, according to official data. The newly approved law allows exemptions for some agricultural products, imported scientific research equipment, selected goods for the disabled, and services provided by welfare institutions. The