News
China lending misses expectations on weaker corporate and household demand
China lending misses expectations on weaker corporate and household demand
Geopolitical tensions are adding to uncertainty, said BofA Global Research.
Affin Bank sees AI reshaping Malaysia wealth advisory over next 3 to 5 years
Banks expected to expand digital tools whilst maintaining relationship-based service.
The Philippines and UAE move to connect instant payment systems
They also floated plans to connect card switches and messaging systems in the future.
CIMB Niaga launches two AI agents for bank staff
The agents will assist financial planning staff and service teams.
Deposit pricing in Malaysian banks remains reactive rather than strategic
When one bank moves, rivals often just follow its lead.
Malaysia finance firms see AI ambitions falter as legacy systems block progress
Finance executives say technology should support decisions, not fully replace human roles
Alipay+ teams with LankaPay to push LankaQR payments
LankaQR is Sri Lanka’s national QR payment network.
Endowus partners CIP to offer renewable energy investments
CIP helps build utility scale batteries and wind farms across the APAC region.
DBS appoints sustainability leader to drive Asia’s low-carbon push
Kelvin Wong will serve as Chief Sustainability Officer, starting 11 May.
Malaysian digital banks scale via savings habits and customer segmentation
Some customers aim to save 60 ringgit a week, according to GXBank data.
Taiwan banks’ loans and NPLs up in February
The NPL ratio was the same as in January, but 0.01 ppt lower than in February 2025.
Weekly Global News Wrap: Julius Baer seeks new CFO; UniCredit mulls liquidating Russia unit
And an RBI official criticized FX market makers for aggravating the rupee’s weakness, according to a report.
Standard Chartered JV to issue HKDAP stablecoin starting Q2 2026
Anchorpoint will adopt a B2B2C model.
HSBC to roll out HKD-denominated stablecoins in H2 2026
The HKMA granted HSBC a stablecoin issuer licence.
DBP with ‘stable’ outlook on expected healthy PH economic growth: S&P
It is “almost certain” to receive support from the government if needed.
Union Bank of the Philippines revises credit card rewards scheme
Select credit cards earn 1 point for every PHP150 spent, from 1 per PHP60 previously.
Australia’s CommBank enables e-Passports for bank account opening
Around 700,000 new customers join the bank yearly.
Commentary
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance