News

MUFG boosts energy market presence with trading approvals, stake buy

It has clinched approvals from TOCOM and the Japan Securities Clearing Corporation.

MUFG boosts energy market presence with trading approvals, stake buy

It has clinched approvals from TOCOM and the Japan Securities Clearing Corporation.

Thaioil takes up sustainable deposits, linked swaps with SCB

Funds from deposits will support projects that reduce environmental impact.

India warns against fraudsters’ posing as central bank employees

They would use fake letterheads or threaten to close bank accounts.

Trust Bank unveils cashback card with 15% bonus rate

Until 31 December, new customers get an unlimited cashback of 1.5%.

HKMA launches sandbox to accelerate tokenisation adoption

The sandbox will facilitate interbank settlement using experimental tokenised money.

Zurich and GXBank target online scams with new insurance

Coverage price ranges from $0.23 per month to $0.92 per month.

Mastercard pilots biometric payment authentication in India

Shoppers can use their fingerprint, face scan, or pin to confirm payment.

Real time payments, trade partnerships bolster Singapore’s digital trade sector

Its cross-border payment connections have enhanced its international trade competitiveness.

India names first self-regulatory organisation for fintechs

There are two more applications pending, according to the central bank.

Thailand’s loan growth slows to 0.3% in Q2 as SME loans contract

The central bank said there is a need to continue to monitor SMEs’ debt serviceability.

Malaysia’s central bank names new monetary policy committee member

Datuk Yogeesvaran Kumaraguru has been named an external member for a 2-year term.

OCBC tries to bridge benefit gap among Singapore’s realty agents

Its latest product offers financial benefits across banking, insurance and trading. 

Bank of East Asia seen to cut commercial real estate over the next two years

The bank has shifted its focus from real estate to manufacturing, retail trade, and technology.

SoKor credit card firms report 5.8% higher net income in H1

Loan-related and installment fees rose, as well as total expenses.

Visa enables use of cards to pay in Cebu, Mandaue modern jeepneys

Commuters visiting the two Philippine cities can pay with their Visa cards in 140 modern jeepneys.

Korean banks’ total capital ratio rises to 15.76% in Q2

CET1 ratio rose 0.18ppt to 13.18% over the same period.