Tagged: asia

July 2, 2026 @ 2:05 am By Omar Faridi  |  

PitchBook’s research team released its June 2026 Global Markets Snapshot on June 30, providing a clear view of performance across public equities, private capital, debt, real estate, and commodities. The report captures a month of solid equity gains amid regional differences, continued deployment in private… Read More

July 1, 2026 @ 12:51 am By Omar Faridi  |  

Tencent Holdings, the Chinese technology firm behind the widely used WeChat ecosystem, has started limited internal testing of a new mobile application called TenPayGo. The move comes as international tourism to China continues to rebound strongly, creating fresh demand for user-friendly financial tools tailored to… Read More

June 29, 2026 @ 3:35 am By Omar Faridi  |  

SBI Holdings has agreed to acquire bitbank, one of Japan’s cryptocurrency exchanges, in a deal valued at approximately ¥46.7 billion (around $289 million). The transaction, announced on June 25, 2026, positions the financial services giant to significantly expand its footprint in the domestic digital asset… Read More

June 26, 2026 @ 5:27 am By Omar Faridi  |  

Hamilton Lane, a key player in private markets investing, has broadened its collaboration with fintech firm iCapital. The expanded agreement will bring additional evergreen strategies from Hamilton Lane to wealth managers worldwide through iCapital’s digital Marketplace platform. The development builds on an existing U.S. relationship… Read More

June 21, 2026 @ 11:09 am By Omar Faridi  |  

Uzbekistan’s digital ecosystem company, Uzum, is preparing to raise new capital through a private investment round before the end of 2026. The move is intended to accelerate the company’s growth trajectory as it lays groundwork for a possible stock market debut in the medium term…. Read More

June 16, 2026 @ 11:59 pm By Omar Faridi  |  

mBridge, a China-supported initiative aimed at transforming international financial transactions is poised to enter its commercial phase. The project, centered on a blockchain-enabled platform for settling payments across borders using digital currencies issued by central banks, promises faster, cheaper, and more direct exchanges that could… Read More

June 16, 2026 @ 6:59 pm By Omar Faridi  |  

Euroclear has indicated that during the first half of 2026, the distribution of alternative funds to private wealth clients in Asia and the Middle East has shown robust expansion. According to recent insights from Euroclear, investors from these regions accounted for 57% of subscriptions into… Read More

June 15, 2026 @ 7:58 am By Omar Faridi  |  

US-based fintech platform iCapital has significantly expanded its presence in Hong Kong, more than doubling its prime office space to capitalize on surging demand for wealth management services across Asia. According to an update recently shared by the SCMP, the company recently leased approximately 9,000… Read More

June 9, 2026 @ 6:21 am By Michael Wong  |  

A recent study conducted by IDC found that companies in Asia Pacific are investing in artificial intelligence (AI) more aggressively than their global peers. The study, commissioned by managed network services provider Expereo, however, saw that many are doing so with little evaluation of returns… Read More

June 9, 2026 @ 2:20 am By Omar Faridi  |  

Bank of America (NYSE: BAC) believes there is a significant ongoing evolution is taking place in Asia’s quantitative finance sector, enabled by growing interest from more active capital allocators, surging regional trading activity, and accelerated technology integration. Insights from Bank of America Securities’ recent gathering… Read More

June 8, 2026 @ 1:13 am By Omar Faridi  |  

Artificial intelligence (AI) is now said to be fundamentally reshaping digital economies across global jurisdictions. South Korea and Taiwan have emerged as hubs driving tech advancements and market gains in the semiconductor and broader AI ecosystem. According to the latest Citi Research, AI-fueled demand has… Read More

June 7, 2026 @ 12:53 am By Omar Faridi  |  

Thailand’s KASIKORNBANK (KBank) and Ant International have entered a partnership to create new financial infrastructure. This collab aims to enable seamless, high-speed cross-border transactions, particularly focusing on real-time USD movements. By incorporating JPMorgan’s (NYSE:JPM) Kinexys platform, the initiative aims to effectively address longstanding inefficiencies in… Read More

June 6, 2026 @ 1:16 pm By Michael Wong  |  

Asia-Pacific led global high-net-worth individual wealth growth for the second straight year in 2025, as strong stock market performance and semiconductor demand helped drive gains across the region, according to Capgemini’s World Wealth Report 2026. HNWI wealth in Asia-Pacific rose 10.5%, the fastest among major… Read More

May 25, 2026 @ 11:12 am By Omar Faridi  |  

Global markets displayed positive momentum early this week, with Bitcoin pushing past the $77,000 threshold while a steep decline in crude oil values eased cost pressures and encouraged risk-taking. The flagship cryptocurrency hovered near $77,200 during Asian trading sessions, maintaining its position just above a… Read More

May 21, 2026 @ 9:33 pm By Omar Faridi  |  

Blockchain analytics firm Elliptic has announced full integration with Kaia, a an EVM-compatible Layer-1 network designed to power regulated stablecoin payments and on-chain services across Asia. The latest partnership equips compliance and investigation professionals with comprehensive real-time and historical visibility into one of the region’s… Read More

May 20, 2026 @ 9:16 pm By Omar Faridi  |  

For many years, individual consumers and businesses operating in Pakistan have experienced considerable challenges when accessing basic financial services due to a lack of regulatory clarity and issues related to inadequate regulatory guidelines. However, this year has started off on a rather positive note with… Read More

May 20, 2026 @ 9:15 pm By Omar Faridi  |  

XDC Network is now reportedly working with Animoca Brands as a strategic institutional validator. Announced recently this month, the partnership sees the Web3 investor and builder operating masternodes on the specialized network, which handles substantial volumes in trade finance and real-world asset (RWA) transactions each… Read More

May 3, 2026 @ 6:08 pm By Omar Faridi  |  

Thunes and WireBarley have unveiled a partnership designed to streamline international money transfers. Announced recently, during Money20/20 Asia, the collaboration aims to deliver instant, efficient cross-border payment options for both businesses and consumers, particularly targeting key routes involving South Korea, the United States, Australia, and… Read More

April 9, 2026 @ 2:20 pm By Omar Faridi  |  

South Korea based digital currency exchange Bithumb has reportedly initiated legal proceedings in an attempt to recover Bitcoin (BTC) that had been accidentally / unintentionally distributed to platform users during a surprising event this past February. As per recent media reports from local sources, crypto… Read More

April 5, 2026 @ 3:19 pm By Omar Faridi  |  

PitchBook’s March 2026 Global Markets Snapshot highlights a resilient but uneven global investment landscape, with equities delivering solid year-to-date gains despite a softer March performance and shifting interest-rate dynamics. Major benchmarks showed varied results through the end of the month. The S&P 500 posted strong… Read More