News
South Korean depository corporations raise industrial lending by 2.7% in Q2
South Korean depository corporations raise industrial lending by 2.7% in Q2
Lending for working capital and facilities investment rose during the quarter.
Hong Kong opens consultation on phase 2 of green finance taxonomy
It added 13 new economic activities and expanded sector coverage.
South Korean substandard or below loans unchanged in Q2
Total SBLs of KRW16.6t was also unchanged from three months prior.
Aspire bets on AI to reshape SME banking
Digital-first lender pushes embedded finance and automation to transform workflows.
Stripe builds infrastructure to power global expansion
Payments giant helps businesses scale AI and tap new markets.
Automation powers Singapore’s trade finance future
Digital transformation is key to tackling trade finance inefficiencies.
Philippines anchors NTT DATA’s Southeast Asia strategy
ADAPTIS will drive omnichannel growth and local innovation.
NTT DATA drives interoperability in digital payments
Growth opportunities seen through cross-border interoperability and SME-focused solutions.
NTT DATA's ADAPTIS targets 43% payments adoption gap
It will fix reliability issues, correct cash misconceptions, and offer value-driven solutions.
RACQ Bank insulated from parent group stress after insurance unit sale
There are also no intra-group deposits or loans between RACQ Bank and the RACQ Group.
China and Azerbaijan’s central banks ink cooperation MOU
They aim to strengthen bilateral financial cooperation, amongst others.
Thailand’s SCBX joins AI research initiative as a founding member
It aims to explore how AI is shaping the future of global financial systems.
Chart of the Week: Thailand’s POS card payments gain ground as ATM use shrinks
But ATM card usage still dominated.
Japan’s megabanks may increase foreign bond purchases to meet income goals
Upcoming US Fed rate cuts may raise bond prices, increasing urgency to buy.
China Merchant Bank profit rebounds in Q2 on lower costs
Net profit grew 2.7% in Q2 from a 2.1% decline in Q1.
Hang Seng Bank appoints HSBC’s Luanne Lim as new chief executive
Diana Cesar will return to HSBC as vice chairman, Hong Kong.
Bangkok Bank’s deputy CEO apologises due to system disruption
It caused an inaccurate display of balance in some accounts.
Commentary
Built to last: How Japan is approaching the cross-border payments challenge
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance