News

CBA named best in APAC for AI maturity

The bank was first on talent development and responsible AI leadership, the index said.

ShopBack Pay officially launches in Hong Kong

Octopus has added it as a payment option.

HDFC Bank noted for effective risk controls and employee well-being

It got its highest score on the social pillar of ESG, based on NSE’s report.

Mainland tourists drive WeChat’s growth during National Day

Cross-border transactions in Weixin Pay increased by 21% year-on-year

DBS forecasted to post softer Q3 earnings, maintain DPS at S$0.60

The reduction of the SORA could pressure the bank’s net interest margin.

ABC Impact, DBS, UOB establish US$110m sustainability-linked subscription loan

Proceeds will be used for ABC Impact’s ABC Impact Fund II.

Citi’s India IPO pipeline ‘largest on record’

India’s overall IPOs are expected to hit between US$15b to US$20b through Q3 2026.

Standard Chartered accelerating gen AI, data training for workforce

Over 15% of SC’s Singapore-based employees have undergone AI programme courses.

Capitalisation pressures from Hang Seng Bank delisting ‘manageable’ for HSBC

HSBC is offering a 33% premium over the 30-day average closing price of its shares.

BPI Wealth Singapore opens at Marina Bay

Singapore is where the next generation of wealth conversations are happening, said Zobel de Ayala.

DBS Bank teams up with Cohen & Steers for new fund

The US firm aims to strengthen its presence in Asia through its new Singapore office.

DBS Bank (Hong Kong) aims to boost cross-border investments

It aims to strengthen cross-border capital flow and help smaller asset managers expand.

Hong Kong’s stablecoin rules set to benefit major banks

Cross-border payments will likely be a key factor in the HKMA’s licensing decisions.