Economy
PH central bank welcomes new anti-financial account scamming law
It authorises the BSP to investigate cases violating law, amongst others.
PH central bank welcomes new anti-financial account scamming law
It authorises the BSP to investigate cases violating law, amongst others.
Evergreen and UBBIB sign strategic partnership, paving the way for a multimillion-dollar transformative merger
This collaboration further expands Evergreen's presence in Malaysia’s financial sector.
APAC banks face potential impact from falling property prices
China’s declining property sales and home prices signal weakened confidence.
China's bank assets grow to $60.14t in Q1 2024
This grew by 8.1% on a year-on-year basis.
Korean financial firms invest $42.1b in overseas real estate
This was an increase of $876m.
HDBank is the first Vietnamese lender to share a sustainability report
It plans to become a net zero bank.
Crackdown may slow Vietnam banking processes: S&P
Vietnamese bank’s failure reveals corruption, fraud and violations in sector.
Indonesia's money supply falls 6.9% YoY in April
Thanks to disbursed loans and net claims.
HKMA reports 2.2% rise in total bank deposits
Total remittance of RMB for cross-border trade settlement saw $176b.
Banks most vulnerable to illegal trade financing – MAS
Env Crimes generate between $110b-$281b in criminal gains yearly.
Overseas Filipinos’ remittances up 3% to $2.95b in Feb
A total of $2.65b in remittances coursed through banks, the central bank said.
Personal remittances from Overseas Filipinos (OFs) grew by 3% to $2...
Singapore banks’ interest rates will remain elevated until Q3: analyst
DBS and OCBC are expected to provide dividend yield of 7.4% and 6.5%.
Asian banks struggle with less liquidity amidst global slowdown
Shifting economies and interest rates shape the banking landscape.
'Tighter' financial conditions to weigh on Singapore's lending market: MAS
Risks include high inflation, geopolitical tensions, and spillovers from China's economic situation and global real estate market strains.
Model risk management vital for banking innovation
Ensuring effective decision-making and addressing new challenges like climate risk through robust model risk management.
Nature's decline threatens $10 trillion global GDP by 2050
There is a critical impact of biodiversity loss on the economy and the opportunities in sustainable investing.
Fed policies shape APAC bond markets
The impact of Federal Reserve's decisions on Asia-Pacific local currency bonds reflects in interest rates.
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Technology to underpin future of financial services
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Banking Technology
Banks should boost their online infrastructure as digital assets become the norm.
Banks should boost their online infrastructure as digital assets become the norm.
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