News

Japan’s Mizuho invests in SG-based carbon exchange CIX

CIX will use the funding to build out its existing platforms and deepen offerings.

Singapore FinTech Festival 2023 draws record 66,000 participants

Participants came from over 150 countries and regions, from just 115 in 2022.

Singapore’s FIs ready for asset quality risks: MAS

Financial institutions are in strong capital and liquidity positions and have healthy profits.

Here's how OCBC's new money lock feature works

The feature's purpose is to be a strong defence against malware and phishing scams.

South Korean banks’ net income down 23.9% in Q3

Non-interest income and return of assets both fell during the quarter.

Korean banks’ delinquency ratio drops to 0.39% in September

The bad loan rate of corporates rose compared to August.

Hang Seng Bank warns customers of fraudulent Facebook accounts, links, and websites

Customers are advised to report any suspicious emails, messages, accounts, or websites claiming to be Hang Seng Bank.

PH’s Sarangani Rural Bank ex-officers charged for breaking banking law

They have been sentenced to 5 years’ imprisonment and fined up to $877 each.

MAS unveils responses for proposed regulation of DPT service providers

Regulations are expected to take effect in phases beginning mid-2024.

Mastercard, NTU launches new masters program on cybersecurity

The program is tailored for professionals seeking a spot in the cybersecurity space.

Hong Kong’s ZA Bank to roll out US stock trading services

The Hong Kong SFC has lifted previous conditions to the bank's securities license.

Maybank profits up 21% to $1.48b in 9M 2023

Profit before tax is up 14.4% in the first nine months of the year.

Kasikornbank increases stake in Indonesia’s Bank Maspion to 84.55%

The Thai bank is injecting an additional US$226m in Bank Maspion.

CIMB Singapore announces 2.88% interest rate for CIMB BusinessGo

There are no minimum fall-below fees until 31 January 2024.