Frances Gagua
Tight liquidity and weak credit appetite slows Indonesia’s loan growth
Tight liquidity and weak credit appetite slows Indonesia’s loan growth
The central bank may cut rates further to support liquidity.
18 hours ago
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
Revolut partners with Ant Int’l to enable transfers to China via Alipay
It has a tiered fee system.
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
Commentary
Beyond the code: How mobile banking is weaving a new financial narrative in Asia