The tax authorities' proposed update to the tax code for virtual currencies will eliminate many existing business hurdles and costs, positioning Singapore as a competitive global blockchain hub, experts say.
VP Bank posted better-than-expected results this year, lifting its net profit and revenue.
DBS Chief Executive Piyush Gupta has spotted «four or five» internal candidates who have the potential to take on his job.
AAM Advisory, a Singapore-based financial advisory house that was recently acquired by Quilter, announces two hires to bolster the business.
Besides well-known mobile wallet operators such as Grab Pay and Razer Pay, four other e-wallet operators in Singapore indicated interest in applying for the digital bank licenses that are up for grabs from August.
Asia Pacific (including Japan) posted a new record-high in green bonds fundraising for the first half of 2019 at $21.9 billion.
Overseas bankers in Hong Kong could easily find plum jobs when global firms hired aggressively in the past. Not anymore, with the deep cuts at global banks.
Asian asset manager Eastspring adds to the ever-growing list of distribution success stories in fixed maturity plans, raising $417 million in the Middle East. This follows successful fixed maturity plan (FMP) launches in Taiwan and Malaysia which led to exclusive distribution...
Aberdeen Standard Investments and the Asian Infrastructure Investment Bank have forged a strategic partnership aimed to develop debt markets for infrastructure, drive ESG investing and a sustainable fixed income market in emerging Asia.
Venture capital investments at tech firms in Southeast Asia tripled to $3.4 billion in the first half of 2019, up more than 300 percent year-on-year. The regional surge occurs in the midst of a shakier economic environment for China, which experienced a 60...
Founder and CEO of major Chinese wealth manager CreditEase, Tang Ning, names the five major changes expected to cause seismic shifts in China’s wealth management industry. During the recent World Economic Forum’s «Annual Meeting of the New Champions» also known...
Shanghai-based Hywin Wealth and Liechtenstein's VP Bank join forces to meet the sophisticated on- and offshore demands of Chinese high net worth individuals. finews.asia talked to Hywin's CEO Dian Wang.
GAM is still in intensive care: the battered asset manager kept dropping assets in the first half, and a net loss looms.
Marco Illy, a well-known investment banker, is lining up his next deal, finews.asia has learned. The move comes nearly a year after the ex-Credit Suisse heavyweight left his job.
Two pure-play wealth managers join forces to meet the sophisticated on and offshore demands of Chinese high net worth individuals.
I write this on the sidelines of a cricket match where the action on the field is interesting but not enough to merit an entire column, or certainly not one that I am qualified to write.
Indonesia's ride-hailing giant Gojek announced it would integrate rival e-wallet LinkAja into its platform by the end of this year.
The US Federal Reserve reinforces a potential rate cut in July, citing a slowing global economy and no domestic inflation risk as drivers.
Singapore convicted three front-runners of 333 counts of insider trading—the first charge of its sort ever in the city-state.
The German lender is being investigated by the U.S. Department of Justice on whether it broke laws during dealings with Malaysia's 1MDB investment fund.
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