

Vietnam proposes policies for new financial centres
Vietnam’s Ministry of Planning and Investment has proposed policies to establish international financial centres in Ho Chi Minh City and...
Jan 13


Hong Kong eases rules to attract wealthy investors
Hong Kong is easing its capital investment entrant scheme to attract family offices and bolster its status as a global wealth hub....
Jan 10


Chinese exchanges ask big fund managers to restrict stock selling
China’s Shanghai and Shenzhen stock exchanges instructed large mutual funds to limit net stock selling at the start of 2025, aiming to...
Jan 9


Slow payments among Singapore firms rise for first time in six quarters
Slow payments among Singapore companies increased for the first time since Q2 2023, rising by 0.05 percentage points to 44.05% in Q4 2024...
Jan 8


Blue Owl Capital appoints Yoichi Nakamura to lead Japan Private Wealth
US-listed Blue Owl Capital Inc. has named Yoichi Nakamura as Managing Director and Head of Japan Private Wealth. Based in Tokyo, Nakamura...
Jan 8


Foreign workers in South Korea face February tax settlement deadline
Foreign employees in South Korea, excluding daily workers, must settle year-end taxes for 2023 wages by February, aligning with deadlines...
Jan 7


World's wealthiest people hit USD10tr, tech titans lead
The world’s 500 wealthiest individuals reached a combined net worth of nearly USD10tr in 2024, helped by a surge in US technology stocks....
Jan 6


Family offices favour Taiwan, India, US in 2025
High-net-worth individuals and family offices may raise investments in mainland China and Hong Kong next year, encouraged by Beijing’s...
Jan 3


Six firms to raise USD429m in Hong Kong IPO rush
Hong Kong’s IPO market is showing signs of revival, with at least six companies planning to raise HKD3.3bn (USD429m) through listings by...
Jan 2


Vietnam enacts major economic reforms from January 1, 2025
Starting January 1, several key economic policies will take effect in Vietnam, including new transport regulations, tax adjustments, and...
Jan 1, 2025


Ex-oil tycoon OK Lim declared bankrupt in Singapore
Former oil tycoon Lim Oon Kuin, founder of Hin Leong Trading, has been declared bankrupt in Singapore alongside his children, who were...
Jan 1, 2025


OCBC sells stake in Hong Kong Life Insurance for USD76m
OCBC has agreed to sell its 33.3% stake in Hong Kong Life Insurance to Yue Xiu Enterprises for HKD589.3m (USD76m). The stake, held...
Dec 31, 2024


Private equity heavyweights battle for Japan’s Seven & i assets
KKR and Bain Capital offered more than USD5bn each in first-round bids for non-core assets of Seven & i Holdings, sources said. KKR...
Dec 30, 2024


Prudential, HSBC Vietnam partner on bancassurance
Prudential Vietnam Assurance and HSBC Vietnam have formed a bancassurance partnership to address growing demand for protection and wealth...
Dec 24, 2024


Digitisation, AI and climate change top SEA Central Banks’ agenda
The 60th South East Asian Central Banks (SEACEN) Governors’ Conference and 44th SEACEN Board of Governors Meeting, hosted by the Bank of...
Dec 24, 2024


New HKEX platform offers direct market data
Hong Kong Exchanges and Clearing (HKEX) launched a new online data platform, HKEX Data Marketplace, allowing global investors direct...
Dec 23, 2024


Private banking veteran joins Malaysian asset management firm
A veteran of Asia’s private banking sector has joined Kuala Lumpur-based JIA Asset Management as head of strategy. Benjamin Pedley, who...
Dec 17, 2024


Financial chiefs agree on stronger Korea-Japan coordination
South Korea and Japan’s chief financial regulators agreed to strengthen cooperation to maintain stability in East Asia’s financial...
Dec 17, 2024


Singaporean father-and-son billionaire establishing family office in Abu Dhabi
Raj and Kishin Kumar, the father and son billionaire duo in Singapore, are establishing a family office in Abu Dhabi to manage their...
Dec 16, 2024


AllianzGI secures landmark stake in China pension market
Allianz Global Investors said it has received regulatory approval to acquire a 2% stake in Guomin Pension & Insurance Co, making it the...
Dec 13, 2024