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First Guilty Plea Expected in Singapore's Billion-Dollar Money Laundering Probe
In a significant development within Singapore's sprawling money laundering investigation, one of the ten accused individuals is poised to...
Mar 13, 20242 min read


Asian Markets Retreat as Strong US Jobs Report Dampens Rate Cut Expectations
On Monday, a notable downward trend gripped most Asian markets, spurred by a surprising surge in the US jobs report that tempered...
Mar 12, 20241 min read


Chairman Tim Lui's Bold Proposals: Transforming Hong Kong's Financial Landscape
During the National People’s Congress (NPC) in Beijing, Tim Lui, the chairman of Hong Kong's Securities and Futures Commission (SFC),...
Mar 11, 20242 min read


China Takes Aim at Virtual Asset Risks: Overhauling Anti-Money-Laundering Law
China is on the verge of enacting significant revisions to its outdated Anti-Money-Laundering (AML) Law, signaling a proactive stance in...
Feb 16, 20242 min read


Bridging Asia's Capital Gap: The Rise of Private Credit in SMEs, Education, and Technology
In the vast economic landscape of Asia, where the region contributes significantly to global GDP, economic growth, and population, there...
Feb 15, 20242 min read


Navigating the Carbon Border Adjustment Mechanism: Challenges and Opportunities for Exporters
The recent announcement of an extended deadline for carbon emissions reporting brings to the forefront a pivotal moment for exporters,...
Feb 12, 20242 min read


Bitcoin Mining in Ethiopia: Opportunities, Challenges, and Geopolitical Implications
In recent years, Ethiopia has emerged as an unexpected hotspot for bitcoin mining, attracting attention from Chinese investors seeking...
Feb 8, 20243 min read


Bank of China Takes Pioneering Step to Raise $21 Billion in Loss-Absorbing Bonds
In a groundbreaking move, Bank of China has revealed plans to issue up to 150 billion yuan (approximately US$21 billion) in...
Jan 30, 20242 min read


Hong Kong High Court Orders Liquidation of China Evergrande Group, Unraveling Global Property Dynamics
In a seismic development for the global property market, the Hong Kong High Court has given its approval for the winding-up of China...
Jan 29, 20242 min read


Navigating the Complexities of FCPA Violations in China: A Comprehensive Analysis of 2023 Enforcement Cases
The realm of Foreign Corrupt Practices Act (FCPA) violations in China has become a focal point for U.S. regulators, particularly the...
Jan 29, 20242 min read


Hong Kong Association of Banks (HKAB) Contemplates Phasing Out Cheques Amidst Digital Surge
The use of cheques in Hong Kong may be on the brink of extinction as the Hong Kong Association of Banks (HKAB) contemplates a roadmap for...
Jan 22, 20242 min read


MAS Temporarily Suspends Non-Bank Channels for Cross-Border Money Transfers to China
The Monetary Authority of Singapore (MAS) has taken a significant step by issuing a notice directing licensed payment service providers,...
Jan 4, 20242 min read


Year-end Turbulence: Hong Kong Stocks Decline Amidst Unprecedented Four-Year Loss Streak
The final trading day of 2023 saw Hong Kong stocks experiencing a decline, driven by investors capitalizing on recent gains, which had...
Dec 29, 20232 min read


South Korea's Semiconductor Industry Surges, Signaling Economic Revival and Global Tech Sector Strength
South Korea's semiconductor industry has experienced significant growth in both production and shipments, signaling a resurgence in...
Dec 28, 20232 min read


Hong Kong Stocks Rebound on Gaming Sector Reassurance and Beijing's Approval of New Titles
Hong Kong stocks staged a notable recovery as video-gaming companies saw a rebound after Beijing offered reassurances regarding industry...
Dec 27, 20232 min read


Hong Kong stocks experienced a second consecutive day of decline
Hong Kong stocks experienced a second consecutive day of decline, driven by mounting concerns over the prolonged downturn in China's...
Dec 19, 20232 min read


Hong Kong Property Market Faces Uncertainty Despite Stable Interest Rates
In a recent development, the Hong Kong Monetary Authority (HKMA) opted to maintain its base rate at 5.75 percent, aligning with the US...
Dec 18, 20232 min read


Hong Kong Banks Maintain Prime Rates as HSBC Leads in Stalling Amid US Fed Pause
Hong Kong's banks, led by HSBC, have opted to keep their prime rates unchanged, diverging from the recent trend of raising interest rates...
Dec 15, 20232 min read


China Launches Blockchain-Based Real-Name Verification System for Internet Users
China has unveiled plans to conduct trials for a real-name verification system utilizing blockchain technology. The Real-Name...
Dec 14, 20232 min read


Greentown China Holdings Forecasts Real Estate Rebound Amidst Sector Challenges
Greentown China Holdings, a prominent player in China's real estate sector, is optimistic about a resurgence in home construction and...
Dec 13, 20232 min read
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