Markets

UOB Thailand unveils indoor event hub UOB LIVE

It has a capacity of 6,000 seats and will also offer dining and shopping experiences.

UOB Thailand unveils indoor event hub UOB LIVE

It has a capacity of 6,000 seats and will also offer dining and shopping experiences.

Revised rules bolster Korean banks’ competition, but no silver bullet to thriving: analysts

The proposed revisions will pave the way for mergers and bolster competitiveness.

China’s financial sector may be hit by Zhongrong’s missed payments

The ongoing property sector downturn poses a larger risk for the trust industry.

Citi names Gunjan Kalra as APAC head of Citi Commercial Bank

Kalra has been APAC head of corporate sales and solutions since 2021.

South Korean outlines new measures to improve FI's internal controls

Financial companies must clearly designated internal control responsibilities of each exec.

APAC regulators begin conducting climate risk stress tests: CreditSights

At least seven APAC central banks and supervisory authorities have accomplished at least one version and published the results.

Mastercard aims to bring 1 billion people, 50 million MSMEs into digital economy

In SEA, Mastercard launches various programs to drive financial and digital inclusion in secular and community markets.

Singapore and China launches taskforce for green finance

The collaboration will be co-chaired by Gillian Tan and Dr. Ma Jun.

Crédit Agricole CIB opens wholly foreign-owned enterprise in Mainland China

The business will focus on cross-border mergers and acquisitions, encompassing purchases, disposals and capital raising.

Citi makes two key appoints for markets, TTS business

Vandana Bhatter and Anoushka Dua have been named in key ASEAN leadership roles.

Technology Revolutionizes Capital Markets Platforms in Japan

The focus for financial and capital markets have shifted to a balancing act of monetary tightening to lower inflation without tipping into recession.

Cambodia inks MOUs with Solomon Islands, Fiji for payments innovation

The MOU will see the three countries cooperate in financial innovation.

Singapore reaffirms creditor hierarchy following Credit Suisse AT1 wipeout

Equity holders will absorb losses before AT1 and Tier 2 bondholders, MAS said.

Citi appointed depositary bank for Hangke’s GDR program

This is in connection with Hangke’s $172.85m IPO of tis GDRs.

DBS Digital Exchange's Bitcoin trading up 80% in 2022

The members-only exchange also doubled its customers during the year.

Nomura Holdings’ net income up 11% to $508m in Q3

Net revenue was up 24% compared to the year ago.