

Malaysia’s Forest City SFZ draws first two family offices
Forest City’s Special Financial Zone (SFZ) in Johor, Malaysia, has secured its first two family offices—CMY Capital and Yow Kee—marking a...
6 days ago


Thailand courts Korean investment for financial hub push
Thailand has invited South Korean investors to participate in its newly launched Thailand Financial Hub initiative, aimed at positioning...
6 days ago


Beijing opens more sectors to foreign investment in 2025 list
China has reduced the number of industries restricted for foreign investment to 106 from 117 under its updated 2025 “negative list”,...
6 days ago


Hong Kong backs nearly 5,900 new Shenzhen firms in 2024
Hong Kong invested in nearly 5,900 new enterprises in Shenzhen in 2024, underscoring growing economic integration within the...
Apr 25


South Korea growth misses forecast, GDP shrinks 0.2%
South Korea’s economy contracted 0.2% in the first quarter of 2025 from the previous quarter, marking its first on-quarter decline in...
Apr 25


HSBC China wealth head steps down amid reshuffle
HSBC’s top wealth manager for China, Trista Sun, will step down from her role on May 1 as part of an Asian leadership reshuffle, while...
Apr 25


Rich South Koreans favour safe-haven, digital assets
Wealthy South Koreans are increasingly shifting away from real estate in favour of safer and diversified assets, according to the 2025...
Apr 21


HSBC to open third wealth centre in Hong Kong
HSBC will open its third wealth centre in Hong Kong in the second half of 2025, moving ahead despite market volatility driven by the...
Apr 21


Global economy faces recessionary path, UN says
Global economic growth is projected to slow to 2.3% in 2025, down from 2.8% in 2024, placing the world on a recessionary path, the UN...
Apr 21


Malaysia, China strengthen ties as US tariffs loom
China and Malaysia signed 31 preliminary cooperation agreements during President Xi Jinping’s state visit, underscoring Beijing’s bid to...
Apr 18


DL Holdings restructures its Digital Family Office with strategic investors
DL Holdings Group has restructured its DL Digital Family Office (DLDFO), introducing three strategic investors at a USD35m valuation and...
Apr 18


Indonesia, Qatar launch USD4bn development fund
Indonesia’s sovereign wealth fund Danantara Indonesia and the Qatar Investment Authority will jointly manage a USD4bn investment fund to...
Apr 18


Malaysia’s largest asset manager says US, China remain part of portfolio
Permodalan Nasional Bhd (PNB), Malaysia’s largest asset manager, said US and China assets will remain a core part of its portfolio...
Apr 17


Japan’s Dai-ichi Life buys 15% stake in Australia’s Challenger
Dai-ichi Life Holdings will acquire a 15.1% stake in Australian life insurer Challenger Ltd for JPY80bn ($559m) from MS&AD Insurance...
Apr 17


Hong Kong unveils new e-banking rules to fight fraud
The Hong Kong Monetary Authority (HKMA) will launch new anti-fraud measures on Monday to curb financial scams that caused losses of...
Apr 17


Citi aims to expand wealth management front office in Asia
Citi is targeting significant growth in its wealth management operations in Asia, with a particular focus on expanding its front office...
Apr 14


Nomura AM enters HK retail market with five fund launches
Nomura Asset Management has launched five UCITS funds in Hong Kong, authorised by the Securities and Futures Commission of Hong Kong, for...
Apr 14


GenAI adoption rising in Hong Kong finance sector
The use of generative artificial intelligence (genAI) is gaining ground in Hong Kong’s financial sector, according to a study by the Hong...
Apr 14


UAE and Hong Kong family office bodies join forces
The Emirates Family Office Association (EFOA) and the Hong Kong Academy for Wealth Legacy (HKAWL) have formed a strategic alliance to...
Apr 11


The ADB forecasts slight dip in APAC growth
Developing Asia and the Pacific are projected to experience slightly slower economic growth of 4.9% this year, down from 5.0% in 2024,...
Apr 11