On July 15, 2025, stock markets wavered amidst a complex interplay of economic factors, showcasing varied performances across major indices. Geopolitical and economic elements instigated considerable fluctuations within individual stocks and sectors. Notably, the Dow Jones Industrial Average
Hong Kong's financial landscape reached new heights as its asset management sector experienced remarkable growth in 2024, reaffirming its status as a global asset management leader. According to a 2024 Asset and Wealth Management Survey conducted by the Securities and Futures Commission (SFC), the
The rapid ascent of BlackRock's iShares Trust ETF (IBIT) has undeniably altered the landscape of Bitcoin investment within institutional markets. Since its launch in January 2024, IBIT has transformed from a new entrant in the market to a powerhouse, significantly impacting how Bitcoin is perceived
The emergence of digital currencies has indelibly reshaped financial landscapes, evolving from a niche market to an integral part of the modern financial ecosystem. This evolution has, unsurprisingly, attracted the sustained attention of U.S. financial regulators, culminating in a collaborative
In the rapidly evolving realm of wealth management, digital transformation is becoming more than an optional enhancement; it's a necessity to meet the demands of a new, digitally-savvy generation. Millennials and Gen Z, who stand to inherit substantial assets through the Great Wealth Transfer, are
The advent of the Capital Markets Efficiency Promotion Act (CMEPA), also known as Republic Act No. 12214, has initiated a pivotal reform within the Philippine financial sector. Effective July 1, 2025, this significant piece of legislation introduces a straightforward and standardized approach to