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PwC Report Highlights AI Spending Gap Among Financial Firms in Mainland China and Hong Kong

Financial institutions in mainland China and Hong Kong are falling behind their global peers in artificial intelligence (AI) investments, despite recognizing the technology as a key driver of strategic transformation, according to a new PwC report. The report, based on a survey of 201 financial services professionals and 20 in-depth interviews conducted between October 2025 […]
Business News

From Chartered Accountant to Real Estate Visionary: Ankur Aggarwal’s BNW Developments Sets New Benchmarks in UAE

In just under three years, Ankur Aggarwal has transformed from a Chartered Accountant into a leading real estate mogul, with his company BNW Developments achieving a Gross Development Value (GDV) of AED 32 billion (approximately USD 8.7 billion). Aggarwal, founder and chairman of BNW Developments, is pioneering ultra-luxury real estate development in the UAE while […]
Business News

Bitdeer Unveils SEALMINER DL1 Air Mining Machine with 25 GH/s Performance

Bitdeer Technologies Group has introduced its latest self-developed mining machine, the SEALMINER DL1 Air, designed to deliver higher efficiency and stable performance for Scrypt-based cryptocurrency mining. The new device is optimized for the Scrypt algorithm and is built to support mining of several digital assets, including Litecoin and Dogecoin, along with Bellscoin, Junkcoin, Luckycoin, and […]
Business News

The Outsider Entrepreneur of Ideas

The journey of Australian biologist Jeremy Griffith epitomises that entrepreneurial spirit. For fifty years, working independently of the scientific establishment, Griffith has pursued an audacious mission: to explain the human condition – why our species is capable of both profound love and devastating destruction.
Business News

MSIG Asia Announces Two Senior Leadership Appointments

MSIG Asia has announced two senior leadership appointments, with CEO Clemens Philippi assuming an expanded role within the MS&AD Insurance Group and Norihiro Tanaka being named chairman of MSIG Asia. Clemens Philippi, currently chief executive officer of MSIG Asia and executive officer at Mitsui Sumitomo Insurance (MSI) Japan, has been appointed executive officer of MS&AD […]
Business News

MUFG and State Bank of India Announce Strategic Partnership to Strengthen Japan–India Business Expansion

Mitsubishi UFJ Financial Group (MUFG) Bank today announced a strategic partnership with State Bank of India (SBI) aimed at supporting cross-border business growth between Japan and India. The collaboration will combine MUFG’s global financial network and expertise in cross-border finance with SBI’s extensive domestic reach to better serve companies expanding between the two markets. Under […]
Business News

Manulife Appoints Wilton Kee as Deputy CEO for Hong Kong and Macau

Manulife has announced the appointment of Wilton Kee as Deputy Chief Executive Officer for Hong Kong and Macau, expanding his leadership responsibilities alongside his current role as Chief Financial Officer (CFO). In his expanded capacity, Kee will work closely with the Chief Executive Officer to support enterprise integration, strengthen management oversight, and enhance alignment on […]
Business News

12BET Launches New Promotional Initiatives with SABA Sports to Enhance Global Sports Engagement

Singapore, March 14, 2026 – 12BET, a global sport and entertainment brand established in 2007, today announced the launch of new promotional initiatives in collaboration with SABA Sports, a leading sports data and technology partner supporting sports engagement ecosystems across Asia. The programs introduce structured incentives for both players and affiliate partners, expanding opportunities for […]
Business News

Chubb Life Appoints Jack Jiang as Chief Commercial Officer

Chubb Life has appointed Jack Jiang as Chief Commercial Officer and a member of its executive committee, the company announced. Jiang will report to Bryce Johns, President of Chubb Life and Senior Vice President at Chubb Limited. In his new role, Jiang will oversee the company’s growth initiatives and commercial strategy. His responsibilities include leading […]
Business News

i-Sprint Corporation Announces Successful Completion of Management Buy-Out in Partnership with KV Asia Capital

Singapore, March 13, 2026 – i-Sprint Corporation has completed a management buy-out (MBO) of its operating companies in partnership with private equity firm KV Asia Capital. The deal was led by i-Sprint’s existing management team and comes a year after the company marked its 25th anniversary. The transaction positions the cybersecurity firm for further growth […]
Business News

ECOVACS Launches “Created for Ease – Always in Your Corner” Campaign Across APAC

Singapore, March 13, 2026 – ECOVACS Robotics has introduced its “Created for Ease – Always in Your Corner” brand campaign across the Asia-Pacific region, highlighting the role of home service robots in supporting caregivers and households managing multiple responsibilities. The campaign adapts ECOVACS’ global “Created for Ease” brand idea for APAC markets by focusing on […]
Business News

Prudential Appoints Alex Wong as Chief Information Technology Officer for Greater China

British-domiciled insurer Prudential has appointed Alex Wong as Chief Information Technology Officer (CITO) for Hong Kong, Macau, and the Greater China region. Wong will report to Lawrence Lam, CEO of Prudential Hong Kong, and Anette Bronder, Chief Technology and Operations Officer. In his new role, Wong will oversee the end-to-end technology strategy for Prudential Hong […]
Business News

Great Eastern Appoints OCBC Director as Chairman

Singapore-based insurer Great Eastern Holdings has appointed Andrew Khoo as Chairman of its Board, effective 15 April 2026, according to a company filing. Khoo succeeds Soon Tit Koon, who will retire from the board after serving since January 2016, including the past three years as Chairman. Khoo joined the board of Great Eastern in September […]
Business News

RealVantage Acquires The Heathcote Hotel in Manchester in Partnership with Oberland

Global real estate investment platform RealVantage has completed the off-market acquisition of The Heathcote Hotel, a Grade II-listed heritage hospitality asset previously known as ABode Manchester, in Manchester, United Kingdom. The acquisition was completed in partnership with London-based real estate investor and asset manager Oberland, marking the second collaboration between the two firms. The transaction […]
Business News

Bitget Partners with B2C2 to Strengthen Institutional Liquidity

Bitget, a global cryptocurrency exchange, has announced a strategic partnership with B2C2 to enhance liquidity and execution capabilities for institutional clients on its platform. Through the collaboration, B2C2 will serve as a liquidity provider for Bitget, bringing institutional-grade market-making and over-the-counter (OTC) trading expertise to the exchange’s ecosystem. The integration is expected to improve trading […]
Business News

Logisnext Asia Pacific Announces Rebrand from Mitsubishi Logisnext Asia Pacific Effective April 30

Singapore, 11 March 2026 — Mitsubishi Logisnext Asia Pacific (MLAP) announced that it will be rebranded as Logisnext Asia Pacific, aligning with the strategic direction of its parent company, Mitsubishi Logisnext Co., Ltd.. The name change will take effect on 30 April 2026. The rebranding follows the company’s long-term transformation plan under “Logisnext Vision 2035.” […]
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Societe Generale Expands APAC Investment Banking Capabilities into Healthcare, Appoints Ken Tung in Hong Kong

Societe Generale has expanded its investment banking capabilities in the Asia-Pacific region by adding healthcare to its regional industry coverage platform and appointing seasoned banker Ken Tung to lead the initiative from Hong Kong. The Paris-based bank said Tung has joined as Head of Industry Group, Healthcare, APAC, where he will oversee the origination and […]
Business News

Nebius Expands into Asia-Pacific to Accelerate Global Growth

Singapore – 10 March 2026 – Nebius (NASDAQ: NBIS), the AI cloud company, today announced the expansion of its operations in the Asia-Pacific region to meet growing demand for purpose-built AI infrastructure. The company has appointed John Haarer as General Manager for Asia-Pacific and Japan to lead commercial growth across key markets, including Singapore, Japan, […]
Business News

Generali Appoints Sun Lei as Deputy Regional Officer for Asia

Italian insurer Generali has appointed Sun Lei as Deputy Regional Officer, Asia. Based in Hong Kong, he will report to Rob Leonardi, Asia Regional Officer. In this role, Sun Lei will oversee the strategic and operational activities of Generali’s China-based entities, strengthen governance with joint venture partners and key stakeholders, and lead regional projects across […]
Business News

Rapport Therapeutics and Tenacia Biotechnology Announce Collaboration to Develop RAP-219 in Greater China

Rapport Therapeutics (Nasdaq: RAPP), a clinical-stage biotechnology company focused on precision medicines for neurological and psychiatric disorders, and Tenacia Biotechnology, a biopharmaceutical company focused on therapies for neurological disorders, announced a collaboration granting Tenacia exclusive rights to develop and commercialize RAP-219 in Greater China, including mainland China, Hong Kong, Macau and Taiwan. RAP-219 is a […]
Business News

AllianzGI Appoints Julie Koo as Head of Distribution for Asia Pacific

Allianz Global Investors (AllianzGI), the asset management arm of Allianz, has appointed Julie Koo as Head of Distribution for Asia Pacific, effective 1 May. She will also join the firm’s executive committee. Based in Hong Kong, Koo will report directly to Tobias Pross, Chief Executive Officer of AllianzGI. In her new role, she will oversee […]
Business News

Hong Kong and Shanghai Sign MOU to Advance Digitized Cargo Trade and Finance

The Hong Kong Monetary Authority (HKMA), the Shanghai Data Bureau (SDB), and the National Technology Innovation Center for Blockchain (NTICBC) have signed a Memorandum of Understanding (MOU) to strengthen collaboration on digitized cargo trade and trade finance between Hong Kong and Shanghai. The agreement establishes a framework for joint research and development on the use […]
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Acronis and LEADER Expand Motorsport Partnership During Australian Grand Prix Weekend

Cybersecurity and data protection company Acronis has launched a new motorsport activation with its distribution partner LEADER during the Australian Grand Prix weekend, strengthening its presence across international racing platforms. The activation, taking place from March 6–8 in Melbourne, includes partnerships with Campos Racing in the FIA Formula 2 Championship and Grove Racing in the […]