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The Philippines’ central bank calls for a 24/7 payment system
The Philippines’ central bank calls for a 24/7 payment system
A round-the-clock operation will enable real-time payment settlement and further economic activities.
SCSCL names new CEO
He brings with him 20 years of experience in China’s fixed-income capital markets.
DBS launches Gen-AI virtual assistant for corporate clients
The service provides 24/7 corporate banking support via the IDEAL platform.
MAS, OJK renew partnership to drive ASEAN FinTech growth
Theartnership focuses on cross-border knowledge sharing and regulatory cooperation.
Franklin Templeton launches Singapore’s first tokenised fund
The fund leverages blockchain technology to enable fractional ownership, lowering the minimum investment to just US$20.
Hang Seng Bank, CCB launch e-CNY merchant payment service in Hong Kong
Consumers can now pay with their e-CNY wallets in more than 100 local merchants.
Macquarie remains well capitalized despite compliance breaches
The Australian bank recently reported monitoring failures and short-selling misreporting.
OCBC could distribute $460.7m in additional capital to investors
This would equate to about 13 Singaporean cents per share.
UnionBank offers 0% installment plans in Ikea for credit card holders
For a minimum spend, cardholders can avail a 0% installment plan for 3 months.
Macquarie Group’s net profit up 3% to A$1.65b in H1 2026
Net operating income and operating expenses are both higher compared to a year earlier.
OCBC net profit holds steady at $1.98b in Q3
Quarter-on-quarter, net profit was up 9% from $1.82b.
Banks embedding sustainability pay less for capital, UNFI says
Half of global banking assets now aligned with responsible banking principles
Philippine banks’ profits up 4.1% to $3.35b in H1 2025
Assets rose thanks to stable domestic deposits, and strong liquidity and buffers.
NAB sees net profit dip 2.9% to A$6.76b in FY2025
The group saw a deterioration in its business lending portfolio, the bank reported.
Airwallex surpasses $1b in annual recurring revenue
The Americas and EMEA make up 35% of its revenue.
Australians pull back on spending to afford a home loan: survey
Despite this, 1 in 3 Australians believe that they will never afford their own home.
Societe Generale names head for Power, Utilities, & Infrastructure investments
Anoop Chaudhry will be based in Hong Kong.
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1. Grab takes control of Indonesia’s Superbank via GXS transfer 2. More than half of Filipinos have financial accounts but few hold bank accounts 3. MAS backs Singapore's finance edge as global risks deepen 4. Digital wallets seize 65% of APAC payments 5. Hyundai Card debuts Apple Pay debit cardResource Center
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Commentary
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Perth is emerging as an unlikely testbed for the future of global finance