News

Asia-Pacific deal values drop to $127 billion after major tariff shock

Asia-Pacific deal values drop to $127 billion after major tariff shock

Total transaction values plummeted after April trade restrictions forced a summer long freeze in regional merger and acquisition activity.
4 minutes ago

OCBC to acquire $6.6b HSBC Indonesia wealth, retail banking business

The deal is expected to lift its Indonesian unit’s AUM by about 25%.
1 day ago

MAS pilots cross-bank AI models to detect scam risks

All sensitive data used in the exercise will be permanently deleted once complete.
1 day ago

NAB profit falls 19% to $1.98b on large notable items

Net interest income rose by 8.5% whilst total operating expenses hit a 32.47% increase.
1 day ago

Fusion Bank’s loans double in 2025 on mainland firms’ overseas ambitions

Its commercial loan balance rose to HK$2.3b, it said.
1 day ago

Malaysia's $1.3b support package to prevent bad loan spike

The SME sector received similar support during the pandemic era.
1 day ago

Malaysia rolls out $1.26b loan facility to aid SMEs amidst Middle East disruptions

Eligible SMEs can obtain a working capital loan of up to MYR750,000 (about $189,000).
1 day ago

Indonesia banks face tight liquidity through 2026: CreditSights

Higher energy prices will reduce room for fiscal spending, the report said.
1 day ago

DeeMoney CEO says trust will beat acquisition

CEO Phlaphongphanich said the industry is measuring the wrong things. 
1 day ago

ANZ posts $2.63b profit for H1 2026 on moderate loan and deposit growth

Its dividend for the period is 83 cents per share.
1 day ago

Ant International launches protocol for agentic mobile payments

It cuts agent-wallet linking steps by 50% of traditional card binding methods.
5 days ago

UOB Hong Kong names Cliff Law as head of corporate banking

Law previously worked at a Hong Kong-headquartered bank.
5 days ago

DBS’ net profit up 1% to S$2.93b in Q1 on record total income

Wealth management growth drove up fee income and treasury customer sales to new highs.
5 days ago

Ping An Bank profit rises 3% to $2.12b in Q1

Retail assets under management rose 1.2% during the quarter, said Ping An.
6 days ago

Bank Central Asia's margin falls in Q1 as wholesale competition weighs

The bank is implied to be sitting on excess liquidity, said UOB Kay Hian.
6 days ago

BDO Unibank’s net income up 6% to $1.42b in 2025

The bank said it is cautiously optimistic despite ongoing headwinds.
6 days ago