Two Chinese groups apply for Singapore digital banking licence
The Monetary Authority of Singapore has received 21 applications so far for digital banking licences...
Tag : China
Emaar teams up with Xiaomi to create AI-enabled smart homes
Emaar is the first non-Chinese land developer to have forged a strategic alliance with Xiaomi....
Morgan Stanley aims to boost its wealth management staff strength in Asia
The US investment banking giant declared that it touched a milestone in profit last year, owing to its wealth business that contributes to over 50 percent of its earnings....
Political turmoil takes its toll on Hong Kong’s life insurance sector
Last November, the tourist footfalls from the Chinese mainland fell by 60 percent year-on-year....
Overseas investors purchase RM321 million in Malaysian equities
MIDF Research said that offshore net buying activity rose to RM257.2 million on Friday, the biggest in a day since late May 2019...
Goldman’s workforce expansion in China is part of five-year strategy plan
The headcount will increase by 600 employees in Goldman Sach’s mainland operations...
China Broadcasting Network licenced to deploy 5G in 16 cities
The telecom operator plans to have a nationwide coverage by 2021...
Japan logistics giant Sagawa to acquire China’s Runbow
The acquisition comes in an effort to explore China’s growing demand for shipping business...
Ant Financial acquires ‘significant’ stake in Vietnam’s eMonkey
Despite having an office in Vietnam, Ant Financial has invested in eMonkey because it has an operating license from the State Bank of Vietnam...
Blackrock, Temasek to establish China asset management JV
Both companies will create and distribute development products for the Chinese market...