

SCB X AI-Powered Virtual Bank to Launch in 2026 with USD140m Capital
SCB X, the parent company of Siam Commercial Bank, plans to launch its virtual bank by mid-2026 under the “AI Native Bank” model,...
Jul 29, 2025


S&P Warns Trade Tensions May Undermine Asia-Pacific Credit Ratings
Asia-Pacific sovereign credit ratings may come under pressure from rising trade frictions and geopolitical instability, S&P Global...
Jul 22, 2025


Woori Financial Group Completes Acquisition of Tongyang and ABL Life
Woori Financial Group has officially completed the acquisition of Tongyang Life Insurance and ABL Life Insurance, celebrating the...
Jul 17, 2025


Singapore Named World’s Most Expensive City for Third Year
Singapore has retained its title as the world’s costliest city for the third consecutive year, according to the Julius Baer Global Wealth...
Jul 16, 2025


Hong Kong Strengthens Fintech Ties with Global VCs at InvestHK Seminar
Hong Kong’s fintech investment ecosystem received a boost following the successful conclusion of an InvestHK seminar on 10 July. The...
Jul 15, 2025


HSBC Leaves Net Zero Banking Alliance but Maintains Green Finance Strategy
HSBC has exited the Net Zero Banking Alliance (NZBA), joining a growing list of major banks reassessing climate-related commitments. The...
Jul 15, 2025


Revolut Opens Second Asian Tech Hub in Manila to Boost Global Support
UK fintech giant Revolut has chosen the Philippines as the site of its second Asian technology hub, reaffirming its commitment to the...
Jul 14, 2025


Hong Kong Insurance Industry Set for 55% Growth by 2032
Hong Kong’s insurance sector is poised for significant growth, with total gross premiums expected to rise by 55% to reach USD127bn by...
Jul 14, 2025


Singapore Boosts Finance Internships and Work-Study Opportunities
Ten major financial institutions in Singapore are partnering with the Institute of Banking and Finance (IBF) to offer around 300...
Jul 11, 2025


Southeast Asia Fintech Funding Climbs to USD776m in H1 2025
Southeast Asia’s fintech sector raised USD776m in the first half of 2025, up 31% from H2 2024 but still down 22% year-on-year, according...
Jul 10, 2025


China Defends BRICS After Trump Threatens Tariffs
China has defended the BRICS bloc as a cooperative platform after former US President Donald Trump vowed to impose 10% tariffs on...
Jul 10, 2025


OCBC to Lend SGD5bn to Founders Across Southeast Asia
OCBC Bank has set a SGD5bn lending target through 2028 to support serial entrepreneurs in Southeast Asia, extending its founder-centric...
Jul 10, 2025


Hong Kong’s InvestHK Boosts Web3 and Fintech Cooperation with Japan
Invest Hong Kong (InvestHK) has concluded a five-day mission to Japan, reinforcing ties in Web3 and fintech sectors while promoting...
Jul 8, 2025


Stablecoin Operators Show Interest in Hong Kong as New Rules Loom
Several stablecoin issuers are engaging with Hong Kong authorities as the city prepares to implement its new regulatory framework next...
Jul 8, 2025


Fitch Issues Cautious Outlook for Thai Corporates in 2025
Thai corporates face a challenging earnings outlook in 2025, especially in the petrochemical and energy sectors, amid global demand...
Jul 4, 2025


Lighthouse Canton and Blue Sail Forge Global Investment Advisory Partnership
Singapore-based external asset manager Lighthouse Canton has entered a strategic partnership with Swiss advisory firm Blue Sail Partners...
Jul 3, 2025


Hong Kong Sees Stablecoin Boom Ahead of Licensing Framework
Hong Kong is experiencing a boom in stablecoin development ahead of the launch of its new licensing framework on 1 August. Major tech...
Jul 2, 2025


South Korea’s MG Non-Life Insurance May Re-Enter Market After Sale Collapse
Financially troubled MG Non-Life Insurance may be put up for sale again after tentative agreement between the Financial Services...
Jul 2, 2025


Hanwha Life Secures 40% Stake in Indonesia’s Nobu Bank
South Korea’s Hanwha Life Insurance has completed its acquisition of a 40% stake in Indonesia’s Nobu Bank from the Lippo Group, gaining...
Jul 1, 2025


Kakao Bank Files Stablecoin Trademarks as Crypto Strategy Accelerates
South Korea’s Kakao Bank has filed four additional cryptocurrency trademarks as it eyes a future in the stablecoin sector. The trademarks...
Jun 30, 2025

