Foreign Exchange
Hang Seng Bank adds forex functionality to AI-powered chatbot
Hang Seng Bank adds forex functionality to AI-powered chatbot
Users can request data on current rates and detect nearby FX ATMs.
Standard Chartered launches one-stop digital forex platform
It allows clients to personalise watchlists and price alerts.
Standard Chartered to launch FX e-trading and pricing in Singapore
It will allow FX e-trading of over 130 currencies.
Too crowded bets on “7” for USDCNY could be dangerous
Chinese yuan has been under pressure in recent weeks due to the double dip in recent ecomomic data and more importantly, the escalating trade war with...
Singapore to dominate forex with sub-second speeds
MAS looks for ultra-fast platforms that could route currency trades in milliseconds.
Taiwanese banks' yuan deposits up to $42.34b in March
RMB deposits held by offshore banking units rose by $200m to $5.06b.
Japan boosts money laundering defences
MUFG Bank and Mizuho Bank will halt international cash remittances from June.
Citi to set up FX pricing and trading engine in Singapore
It will feature a proprietary pricing and hedging algorithm and offer 23 spot currencies.
South Korean banks' forex turnover hits decade-high at $55.51b in 2018
Strong capital inflow boosted yearly figures.
Taiwanese banks' yuan deposits shrinks to 4-year low in December
This represents the third straight month of decline.
Korea slaps $600,000 fine on 4 global banks over forex rigging
JP Morgan Chase faced the highest penalty of $223,000.
Singapore leads innovation in Asia's forex sector with distributed ledger and eFX
It rolled out Project Ubin, a collaboration exploring blockchain for settlement of payments and securities.
Indonesia's big 4 banks hold firm against tumbling rupiah
Their low dollar balance sheet cushions the blow.
UBS to launch eFX engine in Singapore by Q2 2019
It is expected to improve the FX market’s transparency and efficiency.
Philippine banks tie up with Bank of China to launch peso-renminbi spot market
Individuals can soon change renminbi into peso and vice versa.
RCBC rolls out online FX trading facility
It’s said to be the first such platform in the Philippines.
Can Indonesian banks survive the severe local currency depreciation?
The Indonesian rupiah has plunged to a three-year low which might level strain on the banking system.
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ABF Corporate & Investment Banking Awards 2024 Winner: Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
VietinBank won Project Infrastructure Finance Deal of the Year - Vietnam at the ABF Corporate & Investment Banking Awards 2024.
