News

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.

OCBC names Melvyn Low as group chief strategy & transformation officer

He will continue to lead the global transaction banking division.

GoTyme Bank reports 7.8 million users after three years

Customers can make deposits and withdrawals in 1,450 partner locations.