News

China and Egypt strengthen cooperation on settlements, CBDCs

They are enhancing cooperation in local currency settlement.

Singapore and China reaffirm green finance cooperation

They are advancing discussions on taxonomy criteria for transition activities.

OCBC CEO Helen Wong to retire; Tan Teck Long named successor

Post-retirement, Wong will remain chairman of OCBC China and director of OCBC HK.

OCBC Bank Hong Kong sets up team to support entrepreneurs

OCBC Group is aiming to disburse S$5b in loans to entrepreneurs by 2028

DCS Card Centre expands into Web3 as superapps reshape payments

A stablecoin conversion card offers a bridge between crypto and cash.

DCS expands into Web3 payments with new platform

Move from card issuer to full-stack enabler marks shift toward embedded finance.

Australia court upholds five claims against Mayfair 101 head

Mayfair 101 made multiple false and misleading representations in marketing some of its products.

Japan’s megabanks brace for lower earnings growth on US uncertainties

They only expect a 7.9% net income growth, lower than the 25.3% previously.

Taiwan credit card balances edge down in May

The balance of revolving credit and undue balance of installment both fell.

SMBC invests in space transport and satellite integration startup

The megabank seeks to help grow Japan’s space industry.

BOC International’s investment risk is limited, profitability stable: report

Its brokerage income has remained stable in the pats 4 years.

Aspire now part of Amazon Payment Service Provider Program

Sellers can receive Amazon payouts directly into Aspire’s local currency accounts.

Natixis CIB expands APAC investment banking team with two hires

Thaddeus Tien and Omkar Joshi will both be based in Singapore.

Bangkok Bank enables Paybooc QR payments in Thailand

Koreans using the Paybooc app can now make QR payments in the country.