Markets
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.
1 day ago
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.
1 day ago
SC Ventures expands into Abu Dhabi's tech ecosystem
New office targets regional tech innovation and fintech growth.
1 day ago
Malaysia warns against four unauthorised companies
They have similar names to companies authorised by BNM but are not related to them.
5 days ago
Property malaise weighs on China and Korean banks
Most of APAC banks have a stable outlook for 2024, says S&P.
6 days ago
India floats regulations for non-bank POS payment aggregators
They are required to apply authorisation from the RBI by May 2025.
6 days ago
Payment firm Nium now a registered financial service provider in New Zealand
It plans to offer virtual accounts, and debit and prepaid cards, amongst other services.
Weekly Global News Wrap: Bain Capital sells Axis Bank stake for $429m; Switzerland boosts banking rules
And Postbank employees escalate their strike for a 15.5% wage hike.
60% of commercial banks don’t have women in C-suite roles
No woman was appointed CEO of a commercial bank over the past year.
Korean banks began compensating investors for HK ELS-linked losses
Shinhan Bank and Hana Bank have begun compensating customers.
Natixis IM names Mark Kwek as head of wholesale in SEA
Kwek joins from JPMorgan Asset Management.
The Transformative Power of Finance for the People
At the end of the day, financial inclusion should not be a privilege, but a fundamental right.
Japan’s policy rate may rise to 0.25% by end-2025: Fitch
Regional banks will not benefit much from rising interest rates, however.
BSP says ‘Currency Computing Mining Machines’ not under its purview
The Philippine central bank also warned against SKPOOLS MINING CORPORATION.
The Philippine central bank has warned the public against “Currency...
Asia's Voluntary Carbon Markets Beyond the Storm: New Opportunities for Financial Services?
There is considerable potential that voluntary carbon credits can become an asset class in its own right.
Japan exits negative interest rate policy on record wage hikes
With salaries rising by 5.28% on average, the BOJ sees cycle of wages and prices more “solid”.
EXIM Thailand inks MOU with SINSOURE; to provide risk, investment support
It aims to facilitate market penetration for Thai and Chinese exporters.
11 South Korean financial firms found violating rules in selling HK-tied securities
Authorities will soon issue a guideline for the firms to compensate investors.
Commentary
Beyond the Hype: Building Trust in Generative AI for a Secure Financial Future
Empowering green growth through sustainable finance in Bangladesh
The Transformative Power of Finance for the People