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Top finews.asia News

US Added over 1,000 New Millionaires a Day Last Year, UBS Report Says
US Economy · United States

US Added over 1,000 New Millionaires a Day Last Year, UBS Report Says

48% Center coverage: 27 sources
Wealth grew disproportionately quickly last year in the United States, where over 379,000 people became new U.S. dollar millionaires, more than a 1,000 a day, a report published on Wednesday showed. Private individuals' net worth rose 4.6% worldwide, and by over 11% in the Americas, driven by a stable U.S. dollar and upbeat financial markets, the 2025 Global Wealth Report by UBS found. The United States accounted for almost 40% of global millionaires in 2024.See the Story
How Badly Have U.S. Strikes Damaged Iran’s Nuclear Facilities?
Donald Trump · Iran

How Badly Have U.S. Strikes Damaged Iran’s Nuclear Facilities?

40% Right coverage: 15 sources
Warplanes. Submarines. Cruise missiles. Bombs that weigh 30,000 pounds.See the Story
Argyle Expands Verification Platform to Include Verification of Assets Powered by Mastercard Open Finance Technology
PayPal · United States

Argyle Expands Verification Platform to Include Verification of Assets Powered by Mastercard Open Finance Technology

67% Center coverage: 6 sources
Single-platform access to GSE-approved verifications gives service providers comprehensive insights and centralized supportSee the Story

Cybersecurity staff face silence over breaches amid AI threats

A Bitdefender report reveals 58% of UK cybersecurity staff face pressure to hide breaches amid rising AI-driven attacks and growing skills shortages.Cyber Security · United KingdomSee the Story

Deutsche Bank, CBRE Renew Global Property Services Agreement - Connect CRE

CBRE and Deutsche Bank renewed their agreement for the services firm to provide services for Deutsche Bank’s real estate portfolio of more than 50 countries. Under the agreement, CBRE will provide integrated facilities management services in most markets other than Germany, Luxembourg and Italy, as well as advisory and transaction services for the bank.  The agreement builds on a longstanding relationship between the two firms, which began in 20…See the Story

How Millionaire Migration in Asia is Redrawing the Wealth Map

As global wealth takes flight in record numbers, Asia is emerging as both a destination and departure point for high-net-worth individuals. From the tech hubs of China and Taiwan to the luxury havens of Thailand and the UAE, the region is redefining the rules of private wealth – and the world is watching. A record 142,000 millionaires are expected to relocate across borders in 2025, and the United Arab Emirates (UAE) stands tall as the global fr…Dubai, United Arab Emirates · DubaiRead Article

EFG’s Australia Unit Acquires New Zealand Investment Firm

Shaw and Partners – the Australian unit of EFG International – has expanded into New Zealand with a new acquisition of an Auckland-based investment firm. Shaw and Partners Financial Services has acquired a 75 percent stake in Auckland-based Investment Services Group (ISG) for NZD 67.5 million ($40.7 million), according to a statement. The deal, subject to regulatory approval, marks a formal entry into the New Zealand market. The ISG business wil…Auckland, New Zealand · AucklandSee the Story

Alternative Investing: LGT and iCapital Join Forces

In a landmark fintech collaboration, LGT and iCapital have launched a cutting-edge digital platform designed to transform the way alternative investments are managed and experienced. The partnership marks a bold step toward automation, transparency, and personalized client service in private markets investing. iCapital, a global fintech, has entered into a strategic partnership with LGT, the private banking and asset management group owned by th…Liechtenstein · LiechtensteinSee the Story

How Asia’s Data Center Boom is Reshaping Emerging Markets

A seismic shift is underway in the digital infrastructure of emerging Asia. As artificial intelligence and cloud computing fuel unprecedented demand for data storage and processing power, nations like India, Malaysia, and Thailand are rising as global hotspots for data centre investment. The global hunger for cloud services and AI-driven computing is pushing hyperscalers to look beyond the crowded, costly landscapes of the US and Western Europe,…Infrastructure · JohorRead Article

ACCA Redefines Accountant's Role in a Changing World

The Association of Chartered Certified Accountants in Singapore has launched a bold redesign of its flagship ACCA Qualification, equipping tomorrow’s finance professionals to lead in an era defined by sustainability, AI innovation, and strategic business transformation. As finance moves beyond the numbers, the Association of Chartered Certified Accountants' (ACCA) newly overhauled qualification aims to redefine the professional journey for accou…Singapore, Singapore · SingaporeRead Article

Rickie Chan: «We Want to be the Ferrari of Private Banking»

While many financial groups are integrating their wealth businesses to serve clients across all segments, Bank of Singapore is a rare exception as a standalone private banking unit. According to its Hong Kong branch chief Rickie Chan, this is a deliberate move to avoid diluting the offering. In recent years, banks with a major retail presence in Asia have been integrating their wealth management businesses to serve segments across the board, fro…Singapore · SingaporeRead Article

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