Hong Kong Insurance Authority sets up task force for deadly Tai Po fire

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The Hong Kong Insurance Authority (HKIA) has expressed deep condolences to victims of a deadly fire at Wang Fuk Court in Tai Po...

SMBC appoints Apac capital markets head

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Japanese banking group Sumitomo Mitsui Banking Corporation (SMBC) has hired Joy Kwek from Morgan Stanley as managing director, head of capital markets and...

Crypto bank Amina appoints Apac and Hong Kong head

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Amina Bank, a Swiss FINMA-regulated crypto bank, has named Michael Benz as head of Amina Hong Kong and Asia Pacific (Apac). ...

CapitaLand Ascendas REIT makes acquisitions in Singapore and Japan

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CapitaLand Ascendas REIT (CLAR) is acquiring three assets across Singapore and Japan for a total of S$1.4 billion ($1 billion), in a move...

OCBC expands in ‘key growth market’ Indonesia by buying HSBC’s retail and wealth business

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PT Bank OCBC NISP (OCBC Indonesia) has agreed to acquire PT Bank HSBC Indonesia (HSBC Indonesia)’s retail banking and wealth management operations in...

Institutional investors edge closer to adopting stablecoins in Hong Kong

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Stablecoins, which is a cryptocurrency pegged to stable assets such as fiat currency, will soon be ready for adoption by institutional investors in...

Zijin Gold International’s $3.2bn HKEX IPO sees shares soar 68%

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Hong Kong-headquartered Zijin Gold International has made an initial public offering (IPO) on the Hong Kong Stock Exchange (HKEX) in the second largest...

HKEX makes reforms as IPO momentum continues

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The Hong Kong Stock Exchange (HKEX) has eased initial public offering (PO) public float requirements and reforms in the IPO price discovery process,...

BHP drops bid for Anglo American

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After preliminary takeover discussions with the board of Anglo American, Australian miner BHP Group (BHP) has said that it is no longer considering...

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Philippine economy posts slowest growth in five years in second quarter

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First-half growth rate at 2.6%, below the government’s 3.5% to 4.5% full-year targetConstruction contracts 14.8% in second quarter, while investment shrinks 9.2%Household spending...

Walang Pasok August 11, 2026: Class Suspensions Due To Habagat

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These are the areas that announced Walang Pasok on August 11, 2026, due to the southwest monsoon.WALANG PASOK AUGUST 11, 2026 – Several...