HSBC AI Centre of Excellence in Singapore, announced July 27, 2026, will build proprietary agentic treasury AI systems using the bank’s own transaction data — at a moment when 52% of financial …
Indonesia faces test of central bank independence after governor’s shock exit
By Ankur Banerjee, Rae Wee and Gayatri Suroyo SINGAPORE, July 27 (Reuters) – Just as a fragile calm was returning to Indonesian markets, the abrupt resignation of the central bank chief has reignited …
Hong Kong Property Investor Gaw Capital Buys Prime Tokyo Mall For Over $1 Billion
Gaw Capital has formed a joint venture with Singapore’s Patience Capital Group to purchase and manage Tokyu Plaza Ginza. Gaw Capital Partners, the real estate private equity firm controlled by Hong …
Can Better Financial Advice Close Singapore’s Protection Gap? FWD Bets So
FWD Singapore and Ascend Asia have signed a long-term strategic partnership to expand insurance and investment access across retail, mass affluent, and high-net-worth segments.
HSBC sells Singapore insurance business to Germany’s Allianz in $2.09 billion deal
July 24 (Reuters) – HSBC said on Friday it will sell its Singapore life and health insurance business to Germany’s Allianz, in a deal valuing the unit at S$2.7 billion ($2.09 billion). The disposal is …
Indonesia’s plan for a Singapore rival starts to take shape
A new law lays the legal groundwork, but economists warn governance will decide the financial centre’s fate Indonesia wants to build a financial centre to rival Singapore, Hong Kong or Dubai, but …
HSBC to Sell Singapore Insurance Business to Allianz for $2.1 Billion
HSBC has been undergoing a broad revamp, cutting costs and streamlining operations as it accelerates its pivot to Asia, where it generates the bulk of its profits.
HSBC to sell Singapore life insurance arm to Allianz for $2.09bn
Holdings, an indirect wholly owned subsidiary of HSBC, will sell 100% of the issued share capital of HSBC Life SG to Allianz Asia.
HSBC sells Singapore insurance unit to Allianz in $2.1 billion deal
By Selena Li, Sneha Kumar and Yantoultra Ngui July 24 (Reuters) – HSBC has agreed to sell its life and health insurance business in Singapore to Allianz for S$2.7 billion ($2.1 billion), as it trims …
Singapore, where the world’s fast-growing industries converge
Singapore: a convergence hub where FinTech, AI and advanced manufacturing unite at world-class events. #Ad Paid and Presented by Singapore Tourism Board …