Singapore is uncomfortably sandwiched between Greece and Italy, the two poster children of excess while China now makes up 15 percent of all sovereign liabilities worldwide.
Foreign investments into South Korea grew to a record amount in 2023, driven by optimism in the country’s prospects in technologies like semiconductor manufacturing.
In 2023, long-only funds recorded their largest monthly China equity sell-off in December, according to Morgan Stanley analysts, driven by redemption requests as well as portfolio diversification.
Asia’s finance industry is one of the most active and lucrative in the world. However, this profitability has seized the attention of cybercriminals, Wee Tee Lim of Cloudera writes in an article on finews.asia.
Next week, the people of Taiwan will gather to vote for a new president. This is arguably the most important election in Asia this year and the outcome will have significant implications for international relations, markets and the economy.
Paris-based BNP Paribas was the leader in 2023 in terms of fees generated from environmentally friendly financing.
Singapore-headquartered multi-family office HP Wealth Management has hired a senior portfolio manager and head of equities.
Singapore’s DBS has obtained approval from mainland China’s regulators to up its stake in Shenzhen Rural Commercial Bank.
The initial public offering market in Hong Kong will stabilize in 2024, according to PricewaterhouseCoopers which forecasts that the fundraising amount will double compared to last year.
Figures show the market is at lows not seen since the 1990s, mirroring the path of a Hang Seng that has fallen almost by half from its all-time highs.
The asset management arm of Paris-based BNP Paribas has announced the appointment of a president director for Indonesia.
In 2023, an estimated 1.8 billion dollars were lost to hackers and fraudsters on the web3. Almost a fifth of the losses are attributed to the North Korea-linked hacker group Lazarus.
Standard Chartered has hired a former private banker from British rival HSBC to join its Hong Kong office.
Hong Kong home prices could tumble further in 2024 before bottoming out in 2025, according to Citi which expects delayed impact from potential US monetary easing.
The former vice chairman of China’s banking regulator has been sentenced to life in prison.
London-headquartered HSBC has announced the completed sale of its retail banking business in France.
We are bidding farewell to this unprecedented year and hope that the new one will be even happier. We wish you joyful holidays and a peaceful 2024.
Christian Brenner has detected a paradigm shift. Gold is increasingly being used as a hard asset, like cash, as a backup to protect against IT failures and cybercrime, says the Chairman and CEO of precious metals dealer Philoro in an interview with finews.asia.
Eight years ago, finews.asia launched the finews.first column. Since then, it has published the perspectives of more than 200 authors.
Hong Kong bears the brunt of geopolitical de-risking as its mainline index sinks for the fourth straight year – all the while US equity markets bask in the prospect of lower interest rates and AI-driven euphoria.
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