

China’s CIC to exit US PE funds amid tensions
China Investment Corporation (CIC) is seeking to sell about USD1bn worth of US private equity investments in the secondary market,...
3 days ago


Taiwan average household wealth nears USD590K
Taiwan’s average net household wealth hit a record NTD18.89m (USD589,999) in 2023, up 6.56% from a year earlier, driven by gains in...
3 days ago


LenderLink raises funds to build the Philippines’ first real-time credit bureau
LenderLink Philippines has raised USD1.25m in an oversubscribed seed round to build the country’s first high-tech, real-time credit...
Apr 30


California overtakes Japan as world’s fourth-largest economy
California has surpassed Japan and would be the world’s fourth-largest economy if it were a country, with nominal GDP reaching USD4.1tr...
Apr 29


China confident of meeting 2025 growth target
China’s state planner expressed confidence that the country will achieve its 2025 economic growth target of around 5%, pledging to roll...
Apr 29


South Korea, Thailand push for trade deal in latest EPA talks
South Korea and Thailand are holding the fifth round of negotiations this week to finalise their Economic Partnership Agreement (EPA),...
Apr 23


Asia set for cyber insurance growth as market nears USD32bn
The global cyber insurance market is poised to more than double by 2030, reaching USD32.4bn in premiums, up from USD16.3bn by 2025,...
Apr 22


HK moves toward paperless share trading
Hong Kong’s Securities and Futures Commission (SFC) will roll out the uncertificated securities market regime in early 2026, following...
Apr 22


Singapore’s GSX Bank acquires Validus Capital
GXS Bank has received regulatory approval to acquire Validus Capital, the Singaporean SME lending subsidiary of Validus Investment...
Apr 16


Family-owned enterprises generate USD8.8tr in 2024
Family-owned businesses are crucial to the global economy, generating USD8.8tr in revenue in 2024, a 10% increase from 2023, and...
Apr 15


Singapore deal-making holds amid global market turmoil
Despite global trade uncertainty and rising market volatility, Singapore may remain a hub for deal-making as firms restructure supply...
Apr 15


South Korea urges action as trade fears rattle markets
South Korea’s financial regulator called for preemptive measures to safeguard market stability amid mounting volatility triggered by...
Apr 9


Malaysia gets first search fund focused on SME deals
Malaysia’s first search fund, Nusatu Capital, is one year into its mission to acquire and operate a small or medium-sized enterprise, its...
Apr 8


Moonfare sees Singapore family offices boost APAC growth
Moonfare is seeing rising demand from Singapore’s family offices, which topped 2,000 last year, a five-fold rise in five years. The...
Apr 8


More employees, fewer executives at South Korea’s top 30 conglomerates
South Korea’s top 30 conglomerates reduced executive positions while increasing their workforce in 2024 amid an economic slowdown,...
Apr 2


Hong Kong’s family office count to exceed 3,000
Hong Kong’s family office count is expected to exceed 3,000 as geopolitical tensions drive investors to the city, according to Financial...
Apr 1


Hong Kong launches digital knowledge hub for family offices
Hong Kong has launched the Family Office Nexus Digital Knowledge Hub to support family offices with insights on wealth management,...
Apr 1


Malaysia's e-payments surge in 2024
Malaysia is on track to meet its 2022–2026 Financial Sector Blueprint target as e-payment usage surged in 2024, the country's central...
Mar 26


Malaysia set to boost capital market through family offices
Malaysia is strengthening its capital markets through policies supporting family offices, the Securities Commission (SC) said in its 2024...
Mar 25


South Korea eyes tougher rules for financial firms
South Korea’s Financial Supervisory Service (FSS) said it will strengthen oversight of banks and financial firms following revelations of...
Mar 25