

Shinhan Bank UK Investment to Reach USD2.7bn by 2030
Shinhan Bank plans to expand its total investment in the United Kingdom to KRW3.7tr (USD2.7bn) by 2030 as part of its strategy to...
Jul 28


ADB Lowers Hong Kong Growth Forecast to 2% for 2024
The Asian Development Bank (ADB) has lowered its 2024 Hong Kong growth forecast from 2.3% to 2%, citing global trade risks and supply...
Jul 28


HKMA AML Fines Target Three Banks for Compliance Gaps
The Hong Kong Monetary Authority (HKMA) has issued AML fines against Indian Overseas Bank (IOB), Bank of Communications (BCOM), and its...
Jul 28


Southeast Asia IPO Market Set for H2 Recovery
The Southeast Asia IPO market is expected to rebound in the second half of 2025 following a weaker H1 performance. Deloitte reported just...
Jul 25


Hong Kong Stablecoin Regulations to Strengthen Market Oversight
The Hong Kong Monetary Authority (HKMA) is preparing to introduce Hong Kong stablecoin regulations to address fraud and market...
Jul 25


Malaysia Digital Payments Surge as Consumers Embrace Innovation
The rise of Malaysia digital payments is surpassing global adoption rates, with 63% of consumers favouring modern tools such as mobile...
Jul 25


MAS Selects Asset Managers for USD859m Singapore Equity Market Boost
The Monetary Authority of Singapore (MAS) has appointed Fullerton Fund Management, JP Morgan Asset Management, and Avanda Investment...
Jul 24


Fitch Downgrades Taiwan Banking Sector Outlook to Deteriorating
Fitch Ratings has downgraded its outlook on Taiwan’s banking sector from “neutral” to “deteriorating,” citing rising pressures on...
Jul 24


Indo Premier Launches IPOT Wealth Creation Platform in Indonesia
PT Indo Premier Sekuritas has launched IPOT (Indo Premier Online Technology), a wealth creation platform designed to move beyond...
Jul 24


Hong Kong Wealth Assets Rise 13% as Fund Inflows Accelerate
Hong Kong’s asset and wealth management industry expanded by 13% in 2024, reaching HKD35.1tr (USD5.7tr), according to the Securities and...
Jul 22


Taiwan Retail Trading Rises as TAIEX Rebounds in Q2 2025
Retail trading activity in Taiwan increased during the second quarter as the TAIEX posted strong gains, despite concerns over US tariffs...
Jul 22


S&P Warns Trade Tensions May Undermine Asia-Pacific Credit Ratings
Asia-Pacific sovereign credit ratings may come under pressure from rising trade frictions and geopolitical instability, S&P Global...
Jul 22


Singapore Asset Management Hits USD4.7tr with Record Growth
Singapore’s asset management industry reached an all-time high of SGD6.1tr (USD4.7tr) in assets under management in 2024, representing a...
Jul 18


Hong Kong Targets Capital Market and Digital Finance Leadership
Hong Kong should cement its status as a regional hub for capital markets, digital finance, and treasury operations amid global structural...
Jul 18


Cathay United Unveils Taiwan’s First Onshore Private Bank at Kaohsiung Hub
Cathay United Bank has launched Taiwan’s inaugural onshore private banking service within the newly established Kaohsiung Asset...
Jul 18


Sovereign Wealth Funds Raise Investments in China: Invesco Report
Sovereign wealth funds globally are increasing allocations to Chinese assets, drawn by the country’s strengths in digital technology,...
Jul 17


Taiwan Cuts China Investments to Record Low Amid Market Fears
Taiwanese insurers and banks have significantly reduced their exposure to Chinese assets, cutting investments to a record low of...
Jul 17


Woori Financial Group Completes Acquisition of Tongyang and ABL Life
Woori Financial Group has officially completed the acquisition of Tongyang Life Insurance and ABL Life Insurance, celebrating the...
Jul 17


Revolut Opens Second Asian Tech Hub in Manila to Boost Global Support
UK fintech giant Revolut has chosen the Philippines as the site of its second Asian technology hub, reaffirming its commitment to the...
Jul 14


Finance Clubs in Singapore Universities Become Banking Career Launchpads
Finance clubs at Singapore’s top universities are evolving into critical gateways for careers in banking, as job markets tighten in the...
Jul 14







