News
Standard Chartered HK’s priority banking clients doubled in 2023
Standard Chartered HK’s priority banking clients doubled in 2023
Overseas spending from priority clients have increased 2.5 times last year, SCHK said.
Chart of the Week: 2 in 3 e-commerce transactions in China use alternative payments
Alternative payments make up 67% of the market share.
Hong Kong’s wealthy plan to spend HK$870,000 in 2024 travels
Tokyo is their top destination of choice.
Ransomware threats to banks escalate to 64%
Security breach costs trust for banks and customers.
Malaysia’s GX Bank outlines brand purpose of financial inclusion and literacy
It focuses on individuals with a median household income of RM3,000 and gig workers.
Japan banks clinch $1.98b boost in interest income after policy shift
But a rise in deposit rates presents risks, analysts warned.
South Korean banks’ bad loans climb 0.47% in December
This reflects a significant increase compared to the previous year.
BOCHK warns against phishing website threat
The said site intends to steal customers’ sensitive data.
CIMB Securities appoints Stephen Hagger as independent chairperson
It also welcomed three new directors to its board.
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 Computing Mining Machines”, saying that these are not within its purview.
Foreign banks’ Korean earnings up 6% on higher securities income
The net interest margin declined from 0.75% to 0.63%, according to official data.
DBS and JPMAM unveils investment portfolio for retirement needs
The portfolio calibrates asset allocation depending on investors’ life stages.
BOCHK warns against 4 fake websites
The sites purport to be from a logistics service provider and online trading platform.
Banks fine but SMEs at risk by Japan's 'historic' policy shift
SMEs may see more challenges from the higher interest rates and higher wages.
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”.
Ping An Bank with enough capital for proposed higher dividends: analyst
The China-based bank has proposed to pay a 30% dividend in 2023.
BOCHK warns of fake websites
The websites reportedly intend to steal customers’ data.