News

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.

Bank of Singapore unveils new asset allocation framework

It promotes diversification and focuses on minimising loss in the worst-case scenarios.

Krungthai Bank to perform ATM system maintenance

ATM and ATM+ services won’t be available on certain dates and times in July.

Hong Kong says Chong Sing Heritage Trust an unauthorized bank

The bank does not have authorization to carry a banking business in Hong Kong.

Investment banking fees jump 38% in H1 2025: report

Citi led the market with $72.9m (US$54m) in fees, capturing a 12.5% share.

Tight liquidity and weak credit appetite slows Indonesia’s loan growth

The central bank may cut rates further to support liquidity.

Singapore is Asia’s top offshore destination of wealthy investors

Saving up for vacation and leisure overtook financial security as the top financial goal.

Malaysia’s Kenanga Investment Bank launches HSCEI, HSTECH structured warrants

Both warrants were launched under its flagship brand, NagaWarrants by Kenanga.

SEA fintechs’ funding drops 22% to $776m in H1 2025

Late-stage investments rose but seed stage and early-stage funding both fell.