News
Hong Kong, Macau establish direct link for bond clearing and settlement
Investors in Macao and Hong Kong will benefit from the arrangement.
3 days ago
Hong Kong, Macau establish direct link for bond clearing and settlement
Investors in Macao and Hong Kong will benefit from the arrangement.
3 days ago
Mizuho Bank invests $3.5m in metal parts and 3D printer startup
The metal parts produced are used in various sectors, like aerospace.
3 days ago
Australia’s P&N, Beyond Bank likely to seek other merger opportunities
S&P foresees further consolidation in Australia’s mutual banking sector.
3 days ago
Australia’s P&N Bank scraps proposed merger with Beyond Bank
The merged entity would have been worth about $23.8b.
3 days ago
MAS, IBF working on gen AI job impact map
Separately, the IBF has given out skills badges to 3,000 professionals.
3 days ago
Singapore’s financial sector employment rose 4,800 in 2023
The financial sector made up 14% of Singapore’s GDP in 2023.
3 days ago
Labour force upskilling needed as SG nears 'super-aged' status
The future growth must be productivity-led, said DPM Gan Kim Yong.
3 days ago
SCB taps Baker & McKenzie for inheritance asset legal support
The partnership aims to provide clients with legal and tax advisory services.
3 days ago
Is the BNPL market really booming?
BNPL faces consolidation due to rising rates, while growth continues in emerging markets.
6 days ago
Cambodian banks breach covenants as bad loans surge
ACLEDA, Hattha Bank, and LOLC have all breached their covenants.
6 days ago
GXS Bank launches term deposit product Boost Pocket
It is currently on offer with an interest rate of up to 3.48% per annum.
6 days ago
Revolving credit on Taiwan credit cards dips in July
This is despite the total active cards rising to 38.36 million.
6 days ago
Bank Danamon struggles with credit costs due to subsidiary challenges
Credit costs rose to 2.8% in H1 2024.
6 days ago
Tottenham Hotspur taps Ant International as global payment solutions, digital wallet partner
The partnership will also incorporate associated brands Alipay+, WorldFirst, and Antom.
6 days ago
Crypto ownership down to 26% despite resilience
However, 23% are likely to reenter the market.
Japan, Korea financial authorities hold in-person bilateral meeting
The two exchanged views about developments in their financial sectors.
South Korea’s household loans expand by $7.32b in August
There were “strong housing market activities” in the Seoul metropolitan area.