Frances Gagua

Singapore is Asia’s top offshore destination of wealthy investors

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

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

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

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

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

PayNet launches Alipay+ and WeChat Pay promos to lift DuitNow QR payments

It includes discounts and even an all-expense trip to Hong Kong.
18 hours ago

OCBC rules out future Great Eastern bids after delisting fails

OCBC holds a 93.72% stake in the insurer.
23 hours ago

Stablecoins bill brings stricter oversight, opportunity to Hong Kong

The digital tokens could support cross-border payments and smart escrow.
1 day ago

ANZ customers to spend $280m in Europe travel this summer

Hotel and airline bookings surged 11% in Jan-May 2025.
1 day ago

Only 1 in 10 CBA home loan customers reduced repayments after rate cut

Those in New South Wales were most likely to opt for the reduced repayments.
1 day ago

ShopBack secures MPI licence in Singapore for payment product

ShopBack Pay is now authorized to provide payment services in the country.
1 day ago

SMFG to establish agentic AI firm in Singapore

Ahmed Jamil Mazhari has been named CEO and SMFG’s AI transformation advisor.
1 day ago

HSBC names global head of investments and managed solutions for wealth, premier

Sami Abouzahr also leads the bank’s ultra high net worth solutions group.
1 day ago

Weekly Global News Wrap: Santander to buy TSB; BPER increases BPSO

And India plans to withdraw $11.7b of excess liquidity worth from the banking system.
2 days ago

HSBC names Kate Subak as new CEO of HSBC Insurance (Bermuda)

She was previously COO of Sun Life International in Bermuda.
2 days ago

Banks in China, Australia see market caps rise in Q2 on falling interest rates

In contrast, Japanese megabanks and DBS saw their market caps fall.
2 days ago

SMBC commences simplified foreign currency remittances in China

It is currently available in five of its branches in China.
2 days ago