News

Regulators are the key to manage APAC banks rising cyber risks: S&P Global

The analyst said data breaches could prove crippling for individual banks.
1 day ago

Regulators are the key to manage APAC banks rising cyber risks: S&P Global

The analyst said data breaches could prove crippling for individual banks.
1 day ago

Alipay+ to enable cross-border payments to South Korea for four Asian e-wallet

Users of these e-wallets can now pay over 120,000 merchants in South Korea.
2 days ago

AEON Credit H1 revenue soars 11.8%

Profit after tax increased by $22.52m
2 days ago

Bank of China warns public of fraud website

The fake website has been reported to the regulator and the Hong Kong police.
2 days ago

OCBC launches learners programme for the elderly

The programme aims to teach senior citizens how to use digital banking and avoid scams.
3 days ago

Bank of China Hong Kong raises prime rate to 5.125% per annum

The bank also adjusted its HKD savings deposit rate to 0.125% pa.
6 days ago

Bank of East Asia raises savings rate to 0.125% per annum

It is also raising its HK dollar prime rate to 5.375% pa.
6 days ago

Hang Seng Bank raises prime rate to 5.125%

HK dollar savings deposit rates with balances of HK$5,000 and above is now 0.125% pa.
6 days ago

Islamic finance professionals more open to adopting crypto, digital assets: survey

Lack of need to pay for interest rates appeals to conservative Muslims.

Banks’ commercial real estate woes in China to persist for two more years: report

Property developers just posted their worst first-half earnings in over a decade.

Standard Chartered, Taulia ink MOU to offer supply chain finance solutions

Both parties will offer supply chain finance and dynamic discounting solutions.

Goldman Sachs axes 25 investment bankers in Asia: report

Those affected are majorly junior level bankers involved in Greater China deals.

South Korea financial firms shutters 1,000 offline offices in one year

Banks closed 380 offline offices between March 2021 to March 2022, according to the FSS.

J.P. Morgan appoints Wai Mei Hong as senior country officer for Singapore

She has over 25 years of experience in the banking industry.

Citi Bangladesh completes pilot paperless trade finance transaction in TradeLens

The process resulted in a 10-day reduction of document processing time.

DBS’ emission targets to drive improved emission disclosure in SEA

The move is expected to improve the quantity and quality of data disclosures on GHG.