The pilot scheme of mainland China’s central bank digital currency has expanded to Hong Kong for the first time.
Keith Gill triggered an unprecedented stock market storm in 2021. Now, better known by his pseudonym «Roaring Kitty», he is back – and history repeats itself.
Longevity has evolved from a mere biological phenomenon into a significant megatrend, shaping mainstream society, Maryann Umoren Selfe writes in her essay for finews.first.
Every spring, Bordeaux wines from the previous year go on sale by subscription. Customers must be patient for another two years before delivery from the châteaux. The 2023 vintage promises very good quality at more moderate prices than in previous years.
VP Bank’s profit halved in the first four months of 2024 compared to the same period last year, driven mainly by lower interest income.
Noble private banks venturing into investment banking, and powerful Wall Street firms pushing into private banking. Is the industry turning upside down, or are there good reasons for these crossovers?
Prudential’s Asia asset management arm, Eastspring Investments, has announced the appointment of a Malaysia CEO.
Two internal candidates are reportedly favored as potential successors to Noel Quinn who announced his retirement as CEO last month. Chairman Mark Tucker previously noted that the bank expects to complete the replacement search in the second half of 2024.
US and Hong Kong have launched their own spot crypto exchange-traded funds. Other markets are also expected to follow suit. The race to bring digital assets into the mainstream is heating up.
One of the defendants in Singapore’s headline money laundering case has been slapped with six more fresh charges.
Swiss Re China reinsurance CEO and country president will relocate from Beijing to Zurich to take on a new role.
The illiquidity of the traditional art market is a challenge for many creators, coupled with other issues such as inefficiency and opacity. An end-to-end tokenization solution could be the way to help unlock the hidden wealth in artworks, Gerald Goh writes in his...
When evaluating the top risks for the financial services industry, including cyberattacks, 40 percent have no plan in place to manage such challenges, according to a survey by Aon.
The Year of the Dragon seemingly puts an end to a half-decade-long market drought.
Companies and the economy suffer significant financial losses at the end of the week due to exhausted and demotivated employees. «Focus Fridays» are now expected to reverse this trend.
Swiss-based wealth manager Twelve Capital says climate change is creating a very lucrative environment for catastrophe bonds as sharp increases in insurance premiums open up a world of investment possibilities.
Yet another Swiss financial institution is heading to the new private banking Eldorado in the Middle East. The wealth management sector in the region appears to have ample room for growth and opportunity.
UOB has relocated an executive from Singapore to lead internal audit in Hong Kong.
Real estate firm JLL has appointed a co-head of equity advisory in Australia and New Zealand.
A Singapore-based team head has left Julius Baer after seven years with the Swiss private bank, finews.asia has learned.
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