Pacific Investment Management Co. (Pimco) plans to grow its Balanced Income and Growth Fund (PBIG) by 25% to USD2bn in 2025, focusing on...

Hong Kong’s economic growth slowed to 2.5% in 2024, down from 3.2% the previous year, as residents spent more outside the city, the...

Japan’s largest lender Mitsubishi UFJ Financial Group is on track for record net income of JPY1.75tr (USD11bn) this fiscal year, buoyed...

Federated Hermes, a New York-listed fund manager, is considering opening an office in Hong Kong as part of its expansion in family office...

Singapore-based robo-advisory platform AutoWealth has added Chen Capital, the family office of Razer founder Min-Liang Tan, as a...

The Asean+3 Macroeconomic Research Office (Amro) has lowered its 2025 growth forecast for Asean+3 economies, citing expected U.S. tariff...

South Korea will tighten delisting rules to improve stock market quality, raising the market capitalisation threshold for Kospi-listed...

The 18th Asian Financial Forum (AFF) officially kicked off on January 13, 2025, at the Hong Kong Convention and Exhibition Centre....

Hong Kong will continue promoting sustainable finance to attract capital for green projects in the city, Mainland China, and Asia,...

Vietnam’s economy expanded by 7.09% in 2024 to USD476.3bn, outpacing 2023’s 5.05% growth, driven by robust exports and foreign...

Faye Ong, previously Citi Wealth’s Asia head of family office advisory, has joined JP Morgan Private Bank as head of its Philanthropy...

Hong Kong’s plan to expand tax concessions for single-family offices aims to strengthen its position as a hub for high-net-worth...

China’s gross domestic product is projected to grow around 5% in 2024, President Xi Jinping said, signaling the economy is on track to...

XTransfer, a China-based B2B cross-border trade payment platform, has partnered with OCBC, Southeast Asia’s second-largest financial...

Hong Kong hosted 9,960 firms with parent companies outside the city this year, a record high and a 10% increase from 2023, government...

The Hong Kong Monetary Authority (HKMA) has unveiled the first participants in its generative artificial intelligence (genAI) sandbox,...

Munich-based Allianz has withdrawn its pre-conditional voluntary cash general offer to acquire at least 51% of Singapore’s Income...

Hong Kong’s appeal to mainland China’s first-tier city luxury consumers declined by 5%, while its attractiveness surged 20% among...

The Association of Investment Management Companies (AIMC) expects Thai ESG mutual funds to add between THB5bn (USD146m) and THB8bn in...

Asian banks including DBS Group, Mitsubishi UFJ Financial Group (MUFG), and Sumitomo Mitsui Financial Group have submitted preliminary...