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Chinese banks' bad loans rocket to eight year high

Fuels fears of excessive and massive debt.

Minsheng Bank to launch new bankcards

Bankcards could offer annual yields of 5%.

Orix to acquire 6% of Cambodia’s largest commercial bank

Will be largest Japanese investment in Cambodian banking sector.

CIMB Islamic Bank receives Moody’s ratings

It’s the first Moody’s rating for the bank.

China imposes stricter LGFV issuance rules

Issues new criteria for denying filings.

Singapore grants capital markets services license to BNY Mellon

Will allow subsidiary to provide fund management services.

Maybank Singapore adds P2P payments via text messages

Service available through new” Maybank Mobile Money".

HKMA approves ownership bid for HK-based Philippine bank

LT Group Inc. becomes majority owner of Allied Banking Corp.

Global financing institutions to receive more Korean investments in 2014

South Korea raising stature in the international community.

World Bank issues world’s first “women’s bonds”

Will raise money for businesses owned or run by women.