San Francisco-based Social Finance has acquired Hong Kong mobile investing startup 8 Securities, underlining that the city was «ripe for innovation».
The economic disaster of the coronavirus pandemic caused China’s economy to shrink 6.8 percent in Q1 – the all-time worst on record – calling it a sign of things to come for the rest of the global economy.
Digital payment and digital banking solution provider Fomo Pay has opened an office in Kuala Lumpur, Malaysia and has partnered OCBC Bank on a cross-border funds collection service.
Banks will be concerned about the unknown consequences of the coronacrisis. But they may well use the lockdown for a major overhaul of their operations.
Sweden is attempting to deal with the corona pandemic with fewer bans than most of its European neighbors. Economically, the liberal approach seems at least not to have more harm to the Nordic nation's economy.
The Institute of Singapore Chartered Accountants is rolling out career and learning support initiatives to support accountancy and finance professionals affected by the Covid-19 pandemic.
The two partners will lower the purchase price of the Indonesian bank to 1.63 times Permata's shareholders' equity as at March, from 1.77 times the equity.
The former regional head of the passives giant has joined a Chinese brokerage giant.
Nearly half of financial leaders in Singapore were dissatisfied or indifferent to ESG reporting systems – and 98 percent have no plans to invest time or resources to improve at all in the coming 12 months.
Under the MOU, ESMA and MAS will share information and supervisory activities on Singapore-regulated financial benchmarks.
Shenzhen housing prices have undergone an unusually strong rally, raising flags to regulators about potential relief-linked fund misuse.
He announced his departure on LinkedIn on Friday, saying he was «excited» for the next stage in his career.
UBP further bolsters its Hong Kong business with the hire for three new senior relationship managers.
She will succeed Patrick Teow, who will take a career break after seven years with AIA and more than 35 years working in the life insurance industry.
Singapore's «circuit breaker» – a curb of all non-essential businesses and activities, and heightened social distancing – has dramatically changed the daily routine for professionals in the financial services sector, many of whom are now working from home (WFH)...
A decision by Beijing’s liaison office in Hong Kong to claim it was not a department of the central government has shed light (again) on the state’s tax-exempt real estate empire in the city – a portfolio of 757 properties.
Asset Control, a provider of cloud-based data management for financial data analytics and data quality, has made a senior appointment to drive growth in the region.
Switzerland's biggest banks debunked fears for a poor first quarter. The rest of 2020 is far murkier.
A weekend systems upgrade led to wild swings in the stock market, said the Shanghai Stock Exchange, apologizing for the error.
The facility will help financial institutions to make loans to SME borrowers more affordable and allow them to manage their cash flow better during the Covid-19 pandemic.
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