Economy
SCB sells food delivery platform Robinhood for over $61.3m
The buyers, led by Yip In Tsoi Group, will make an initial payment of $12.27m.
7 minutes ago
SCB sells food delivery platform Robinhood for over $61.3m
The buyers, led by Yip In Tsoi Group, will make an initial payment of $12.27m.
7 minutes ago
Mizuho purchases non-voting minority stake in Golub Capital
Mizuho’s stake represents less than 5% in Golub Capital’s management companies.
13 minutes ago
Hong Kong deposits see modest growth in August, up 1.1% YoY
Year-to-date, total deposits have grown by 5.0%.
1 day ago
APRA revokes two banking licences
At the time of revocation, the bank had not launched any products.
1 day ago
Central banks of Thailand, Vietnam hold bilateral meeting
The central bank representatives discussed banking and policy issues.
2 days ago
BNM proposes roadmap for transition to the Malaysia Overnight Rate
It proposed ceasing the usage of KLIBOR by 2027 and 2028.
2 days ago
Malaysia, Indonesia renew bilateral swap agreement.
The agreement has been extended for another 5 years.
2 days ago
Taiwan’s financial regulator names new director general for financial examination
Chen-chang Tong assumed his new role on 25 September 2024.
6 days ago
MAS safeguards enough to curb consumer over-indebtedness—MAS chairman
The news comes as bad debts jumped nearly 20% in Q1.
HKMA suspends banker for signature forgery on deposit form
He photocopied a customer's signature on a time deposit application form.
Evolving digital strategies boost brand equity and revenue
Precise targeting is essential for maintaining long-term brand equity.
HKMA proposes simplification of three-tier banking system
It aims to simplify DTCs to second-tier institutions.
PH central bank welcomes new anti-financial account scamming law
It authorises the BSP to investigate cases violating law, amongst others.
Evergreen and UBBIB sign strategic partnership, paving the way for a multimillion-dollar transformative merger
This collaboration further expands Evergreen's presence in Malaysia’s financial sector.
APAC banks face potential impact from falling property prices
China’s declining property sales and home prices signal weakened confidence.
China's bank assets grow to $60.14t in Q1 2024
This grew by 8.1% on a year-on-year basis.
Korean financial firms invest $42.1b in overseas real estate
This was an increase of $876m.
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Technology to underpin future of financial services
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Banking Technology
Banks should boost their online infrastructure as digital assets become the norm.
Banks should boost their online infrastructure as digital assets become the norm.
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