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Friday, 1 May 2026
Friday, 1 May 2026

FINANCE Friday, 26 June 2020 12:19

China Regulator Issues Record-High Penalty

China’s securities watchdog issued 3.6 billion yuan of penalties over a case of insider trading by a Shanghainese entrepreneur and his daughter – an all-time record-high regulatory fine.

FINANCE Friday, 26 June 2020 12:04

Great Eastern Invests in Fintech Unit

The insurer has made a strategic investment in the digital financial business of Malaysian telecommunications conglomerate Axiata.

FINANCE Friday, 26 June 2020 11:43

Marc Briand: «They Want to Know What Happens With Their Money»

Originally, socially responsible investing referred to shares of companies that were not in the alcohol, gambling, arms or tobacco business, or that served the environment. But this has changed, says Marc Briand, a bond expert at Mirova, in an interview with...

 FINANCE Friday, 26 June 2020 11:38

U.S. Senate Passes Hong Kong Bill with Bank Sanctions

The U.S. Senate has passed legislation aimed at individuals and companies – including banks – that back efforts to crack down on Hong Kong's autonomy.

FINANCE Friday, 26 June 2020 10:30

MAS Invites Feedback on Green Finance Guidelines

The guidelines aim to enhance financial institutions' resilience to environmental risk, and strengthen the financial sector’s role in supporting the transition to an environmentally sustainable economy.

HIGH-END Friday, 26 June 2020 10:04

Property Tycoon Eyes Ireland to Build New Hong Kong

A radical property tycoon has suggested building an international charter city as a new base for Hong Kongers amid unprecedented political uncertainty in China's semi-autonomous city.

FINANCE Thursday, 25 June 2020 17:01

Ping An Wealth Management Subsidiary Expands to Hong Kong

The largest wealth management platform in China has received regulatory approvals to provide online investment and wealth management services to retail customers in Hong Kong, adding to its Type 4 (Advising on Securities) and Type 9 (Asset Management) licenses...

 FINANCE Thursday, 25 June 2020 16:42

Credit Suisse Poaches Saudi Corporate Banker

Switzerland's second-largest bank is expanding in Saudia Arabia, naming its first top commercial banker in the oil-rich kingdom.

FINANCE Thursday, 25 June 2020 15:33

Yoma Buys Controlling Stake in Myanmar E-Payments Firm

Wave Money, a provider of mobile financial services in Myanmar, operates the largest financial services network in the country, with an agent network that is over 16 times larger than that of traditional bank branches.

FINANCE Thursday, 25 June 2020 12:49

DBS Inks Taxi Tie-Up

DBS and ComfortDelgro, which operates a fleet of about 10,000 taxis in Singapore, have entered into a strategic partnership to enhance payment services for their customers in Singapore, the bank announced on Thursday.

FINANCE Thursday, 25 June 2020 11:50

HSBC: Digital Wealth Investing a «Bridge Too Far»

Singaporeans are «bill payers» and not «investment makers» when it comes to mobile banking, according to data from HSBC.

FINANCE Thursday, 25 June 2020 11:07

UBS Joins Up With Rockefeller Money

The Swiss bank's wealthy clients are plowing $440 million into a sustainable investment push overseen by a Rockefeller offshoot.

FINANCE Thursday, 25 June 2020 10:28

Singapore Cracks Down on Unlicensed Crypto Sellers

Authorities in the city-state have charged a 23-year-old woman under the Payment Services Act, for carrying on a business of providing payment services without a licence. 

FINANCE Thursday, 25 June 2020 10:18

PwC Surveillance Tool Went a Step Too Far

PricewaterhouseCoopers is providing the banking industry with surveillance software that helps them supervise their staff at home. The technology is reaching very far – too far even in the eyes of employers.

FINANCE Thursday, 25 June 2020 09:17

Credit Suisse Set to Unwind Softbank Complex

Credit Suisse is poised to act on controversial ties between one of its supply chain funds, Softbank, and the Japanese firm’s billionaire founder Masayoshi Son. The retreat illustrates the perils of «one-bank» wealth managers.

FINANCE Wednesday, 24 June 2020 18:16

Piyush Gupta: «Dislocation Between Real Economy and Markets»

The market is going through a liquidity-driven boom, but a market correction is on the horizon, DBS' chief executive said.

FINANCE Wednesday, 24 June 2020 17:17

New Zealand Regulator Sues CLSA

The Financial Markets Authority of New Zealand filed a lawsuit against Hong Kong-headquartered CSLA over breaches of anti-money-laundering and terrorism financing laws.

FINANCE Wednesday, 24 June 2020 15:52

HNWIs Tap Insurance for Wealth Planning

High-net-worth individuals in Singapore are starting to look beyond basic life insurance coverage towards more holistic protection offerings, including healthcare support, estate planning, tax optimization, business succession, and debt risk mitigation, according...

 FINANCE Wednesday, 24 June 2020 12:54

Gojek Consolidates to Focus on Core Services

The company is laying off 430 staff – 9 percent of its workforce – to prioritize its core businesses of payments, transport, and food delivery.

FINANCE Wednesday, 24 June 2020 12:39

CFA: «If You're a Big Boy, Why Don’t You Play by Big Boy Rules?»

The larger the organization, the more responsibility it should carry,Mary Leung, CFA’s Asia Pacific head of standards and advocacy, said in a conversation with finews.asia about the troubling pursuit of dual-class shares in Hong Kong.

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