According to a recent survey of AI firms in Asia by the Fintech Association of Hong Kong (FTAHK), around 75% of respondents cited Hong Kong as their headquarters while 70% regarded Hong Kong as their top market. However, many of these firms cite the lack of quality talent familiar with AI and big data processes as a major issue facing Hong Kong as an AI and big data financial services hub.
27 May 2022
Grab Financial Group (GFG), the fintech arm of Southeast Asian superapp Grab, has rolled out a new financial brand for digital payments, insurance, lending and wealth management. GrabFin will offer a single entry point to access payment, investment and insurance services on the Grab app. Along with the GrabFin launch, GFG is also introducing Earn+, an investment product for Singapore-based Grab users.
26 May 2022
Sponsored by Nomura
China’s Net Zero Goal: the Decarbonization Path
What will it take for the world’s biggest energy consumer to reach net zero by 2060?
2 May 2022
Creative thinking: key to sustainable financing
By constantly evolving our thoughts and ideas on sustainable investing, Fidelity could deliver better outcomes that can benefit investors, society, and the planet alike. Read what our investment leadership has to say about sustainable innovation.
4 Apr 2022
UBS has launched a digital platform that connects clients to experts, thought leaders and actionable ideas.
24 May 2022
The recent collapse of the Terra stablecoin and its associated token Luna highlights the risks of investing in cryptocurrency. Investments worth billions of dollars were wiped out almost overnight after the algorithmic system supporting the crypto pair crumbled. For PGIM, the investment management business of Prudential Financial, the latest blow to crypto investing supports its view that cryptocurrency is a “portfolio kryptonite” that offers little benefit to an institutional investor while adding considerable volatility and risk.
19 May 2022
Terraform Labs, the Korean-managed and Singapore-headquartered company, shuttered its Terra blockchain platform after the price of its Terra USD stablecoin and cryptocurrency Luna lost almost all their value, wiping out billions of dollars of wealth and rattling the global crypto market.
16 May 2022
Chainalysis, a New York-based blockchain analytics and cryptocurrency data provider, has raised announced US$170 million in a Series F funding round led by Singapore wealth fund GIC, bringing its valuation to US$8.6 billion.
13 May 2022