Staff Reporter

ASIC to take PayPal to court for unreasonable term in SME contracts: Report

The regulator sees it unfair for PayPal to put a penalty over its own overcharging errors.

Explore the future of financial services with SAP & SAP Fioneer

Join the event to discover how industry leaders are redefining technology-driven strategies, unlocking new potential, and addressing challenges head-on.

Citi to ramp up social finance in Asia

A special team of 20 bankers was developed for this initiative.

Alipay+ touches down in the Philippines revealing three new mobile wallets

It will be made available to merchants in Manila and Cebu.

Bank Rakyat Indonesia’s assets leaps 9.2% YoY in Q2

It boosted its consolidated earnings to IDR23.56t.

Int’l businesses target ASEAN for supply-chain connectivity versus consumer market

Growth in sales for the region is expected to climb 23.2% in the next 12 months.

OxPay receives licence to offer e-money and account issuance

The fintech said it won’t have any material impact on the group’s financial statement this year.

Chinese joint stock banks turn sour, economic outlook grim

All five banks saw single-digit contractions in operating income.

Liyen Wee takes spot as VP, head of wealth at Cohen & Steers

She will be headquartered in Singapore under David Conway’s management.

Financial regulators in ASEAN pledge to bolster partnerships, region to grow 4.5%

The ministers and governors discussed maintaining strategies amidst geopolitical tensions, debt, and sustainability hurdles.

The majority of Singaporean and Hong Kong youth believe that financial advice-seeking is beneficial

The study reveals that family comes in third most reliable source of financial advice.

Strong income drives CIMB to a 26.2% net profit growth in H1

An interim dividend of 17.5 sen per share has been proposed.