Markets
Mizuho allots $12.95b to finance hydrogen production
The bank noted hydrogen as “key” to decarbonisation of various sectors.
1 day ago
Mizuho allots $12.95b to finance hydrogen production
The bank noted hydrogen as “key” to decarbonisation of various sectors.
1 day ago
Japan’s MUFG invests $5.9m in Hitachi to launch 1,000 e-buses in the UK
The two will make business models enabling operators to clinch EV funding.
2 days ago
India’s central bank names new executive director
Shri R. Lakshmi Kanth Rao was previously a head at the department of regulation.
2 days ago
Japan’s Sumitomo Mitsui mulling stock split
It has not yet decided whether to push through or not, however.
2 days ago
Malaysia, South Korea renew their bilateral swap agreement
The swap arrangement can be further extended via mutual agreement.
3 days ago
Shell companies and crypto propel money laundering risks in APAC
Trade-based ML is also on the rise, warned Forrester in its new report.
3 days ago
OCBC launches $676.95m fixed rate subordinated notes
The notes will have a coupon of 5.52% annually.
3 days ago
South Africa’s Absa Group expands to China
Absa Group will provide general advisory services to clients based in China.
Japanese banks back fund to develop space industry
SMBC, MUFG, and Mizuho Bank are all named limited partners.
Thailand’s central bank appoints three new senior roles
Two deputy governors are rotating while one assistant governor is moving up.
China banking focuses on credit structure optimisation
PwC said the sector needs to continue to implement strategic initiatives.
Overseas expansion impacts Korean banks’ OE score
Despite Korea's high GDP per capita, the current level suggests there's still room for improvement.
Japan’s SMBC joins JV to support drug discovery start-ups
The bank will own 33.2% of the JV company, which will be established mid-2024.
SC Ventures expands into Abu Dhabi's tech ecosystem
New office targets regional tech innovation and fintech growth.
Malaysia warns against four unauthorised companies
They have similar names to companies authorised by BNM but are not related to them.
Property malaise weighs on China and Korean banks
Most of APAC banks have a stable outlook for 2024, says S&P.
India floats regulations for non-bank POS payment aggregators
They are required to apply authorisation from the RBI by May 2025.
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