Frances Gagua

Taiwan’s credit card balance at $3.79b in July

Taiwan’s credit card balance at $3.79b in July

The amount of undue balance of installment rose whilst the delinquency ratio fell.

South Korea’s home mortgage loan growth inch up in August

Resumption of non-face-to-face lending brings back household loans to a growth.

SEA, China’s GBA emerging as key sustainable finance hubs

Sustainability-focused assets in the region reached $220b in H1 2025.

Stripe Capital to launch in Australia

Over 1 million users in the ANZ region now run on Stripe, the company said.

BofA: Firms want cross-border payments without tech headaches

Bilateral corridors create as many problems as they solve.

Hong Kong banks lift H1 profits on non-interest income growth

The four banks’ net interest margins are expected to improve in H2 2025.

Ant Int’l and e-wallets launch partnership for enhanced protection

Ant International, alongside e-wallets and payment firms in Asia, have launched the Digital Wallet Guardian Partnership with the goal of strengthening protection of global wallet payments.

ANZ’s Markets MD Anshul Sidher departs from the bank

Michael Peric and Trevor Vail have been tasked to temporarily lead the markets business.

ANZ to lay off 3,500 staff, reduce services contractors engagement

It expects a restructuring charge of $560m before tax in H2 2025.

New Zealand seeks feedback on liquidity framework and new CLF

It proposes changes for open market operations, such as reducing the max tenor.

CZBank Shanghai, XTransfer ink agreement for cross-border finance

The two will jointly offer cash management services to Chinese foreign trade enterprises.

Australia’s ASIC inks MOU with India to enhance cooperation arrangements

They aim to facilitate mutual assistance and information sharing, amongst others.

SCB EASY app adjusts maximum daily transaction limit

Transactions included are transfers to other SCB accounts, accounts to other banks, etc.