Taiwan banks show stable asset quality

Fitch sees a favourable outlook for Taiwanese banks in the next 2 years.

Taiwan banks show stable asset quality

Fitch sees a favourable outlook for Taiwanese banks in the next 2 years.

Filipinos collectively spent 42 years on digital lending apps in 2023

About 63.4% of the time was spent on platforms offering personal loans.

Philippines’ Remolona warns of oil prices, interest rates as financial stability risks

The financial stability council also warned of geopolitical risks.

Citi names ex-BNP Paribas banker as new head of markets for Thailand

Nattaphan Assavavisessivakul was head of global markets and ALM Treasury at BNP Paribas.

Philippine central bank eyes developing local capital markets

It will help make the financial system more resilient, the BSP Governor said.

Hong Kong unveils financial planning education services to youth

The programme will offer information on financial management and saving.

Korean regulators visit Hong Kong to discuss short-selling monitoring 

South Korean reps met with investment banks and the CEO of SFC Hong Kong.

Japan’s SMBC bookmarks $64m for social value activities

The group has also established an investment fund.

Mizuho allots $12.95b to finance hydrogen production

The bank noted hydrogen as “key” to decarbonisation of various sectors.

Japan’s MUFG invests $5.9m in Hitachi to launch 1,000 e-buses in the UK

The two will make business models enabling operators to clinch EV funding.

India’s central bank names new executive director

Shri R. Lakshmi Kanth Rao was previously a head at the department of regulation.

Japan’s Sumitomo Mitsui mulling stock split

It has not yet decided whether to push through or not, however.

Malaysia, South Korea renew their bilateral swap agreement

The swap arrangement can be further extended via mutual agreement.

Shell companies and crypto propel money laundering risks in APAC

Trade-based ML is also on the rise, warned Forrester in its new report.

OCBC launches $676.95m fixed rate subordinated notes

The notes will have a coupon of 5.52% annually.

South Africa’s Absa Group expands to China

Absa Group will provide general advisory services to clients based in China.

Japanese banks back fund to develop space industry

SMBC, MUFG, and Mizuho Bank are all named limited partners.