Markets

Thailand and Japan renew bilateral swap agreement.

The size of the BSA remains at $3b or its equivalent in yen.

PH central bank welcomes new anti-financial account scamming law

It authorises the BSP to investigate cases violating law, amongst others.

MUFG Bank invests in sustainable aviation fuel company

LanzaJet is reportedly planning to build SAF manufacturing plants in Japan.

Mizuho floats plan to establish securities company in China

The Japanese megabank said that authorities have officially received their application.

Taiwan banks show stable asset quality

Fitch sees a favourable outlook for Taiwanese banks in the next 2 years.

Filipinos collectively spent 42 years on digital lending apps in 2023

About 63.4% of the time was spent on platforms offering personal loans.

Philippines’ Remolona warns of oil prices, interest rates as financial stability risks

The financial stability council also warned of geopolitical risks.

Citi names ex-BNP Paribas banker as new head of markets for Thailand

Nattaphan Assavavisessivakul was head of global markets and ALM Treasury at BNP Paribas.

Philippine central bank eyes developing local capital markets

It will help make the financial system more resilient, the BSP Governor said.

Hong Kong unveils financial planning education services to youth

The programme will offer information on financial management and saving.

Korean regulators visit Hong Kong to discuss short-selling monitoring 

South Korean reps met with investment banks and the CEO of SFC Hong Kong.

Japan’s SMBC bookmarks $64m for social value activities

The group has also established an investment fund.

Mizuho allots $12.95b to finance hydrogen production

The bank noted hydrogen as “key” to decarbonisation of various sectors.

Japan’s MUFG invests $5.9m in Hitachi to launch 1,000 e-buses in the UK

The two will make business models enabling operators to clinch EV funding.

India’s central bank names new executive director

Shri R. Lakshmi Kanth Rao was previously a head at the department of regulation.