News
Mizuho Financial Group’s profits rise to record high JPY885.4b in FY2024
Mizuho Financial Group’s profits rise to record high JPY885.4b in FY2024
Annual dividend is JPY140 per share.
1 day ago
Sumitomo Mitsui FG’s profit up 22.3% to $8.12b in FY2025
Its return on equity is expected to rise to 9% to 10% in the next five years.
1 day ago
Hang Seng Bank restructures business, will cut 1% of core staff: report
An earlier report said that the bank is cutting 10% to 50% of staff in some teams.
1 day ago
Hong Kong’s card receivables down 5.8% to $19.5b in Q1
Delinquent and rescheduled ratio was 0.42% as of end March 2025.
1 day ago
Philippine banks' lending grows at a slower pace in March 2025
Consumer loans grew 23.6% from more credit cards, motor vehicles, and general loans.
1 day ago
Bangkok Bank, Bangkok Life Assurance offer special deposit rate for life insurance customers
Its 2.5% per annum on top of the normal fixed deposit rates.
1 day ago
South Korea’s household loans rose KRW5.3t in April 2025
Household loans extended by banks rose at a faster pace compared to the previous month.
1 day ago
HSBC Global Private Banking names Kapil Khanna as desk head for three markets
Khanna was head of international investment counselling in HSBC.
1 day ago
Digital wallets dominate Singapore’s e-commerce payments value
Cards remain the top choice for point-of-sales (POS) spending, according to Worldpay.
1 day ago
Franklin Templeton gets approval to launch first retail tokenised fund in Singapore
Investors will be able to access the fund with a minimum investment of US$20.
2 days ago
SMBs drive digital wallet boom across Asia
Eighty-two percent are already on board.
2 days ago
Singapore banks deliver resilient Q1 earnings and reaffirms capital mgmt plans
Exposure to clients exporting to the US accounted for just 2% of loans.
2 days ago
Indonesian banks won’t be hit by export-related woes
Their exposure to export-oriented companies is small at 2.5%.
2 days ago
PayPal enables payment acceptance from over 200 markets
The new solution allows businesses to hold multicurrency balances.
2 days ago
NBFCs emerging as key lender to India’s micro and small businesses
They outpaced banks in growing their share of MSME loans.
2 days ago
SMBC board opposes proposals to amend articles on financial and climate risk
The board said that the proposals are inappropriate.
2 days ago
OCBC integrates stockbroking subsidiaries to Global Markets division
The bank expects to develop “more holistic” wealth propositions for its HNW customers.
2 days ago
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1. Franklin Templeton gets approval to launch first retail tokenised fund in Singapore 2. UOB maintains profitability despite possible slower loan growth 3. Vietnam’s finance sector faces digitalisation challenges despite eased regulation 4. Japan’s SMBC is buying a 20% stake in India’s Yes Bank 5. GXS Bank names Pei-Si Lai as group CEOResource Center
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