Economy

China financial services lead APAC with $3t by 2035

China financial services lead APAC with $3t by 2035

Vietnam is projected to expand 9.1% annually followed by Indonesia at 8.9%.
3 days ago

Banks curb expansion into capital-heavy businesses

Retail banking participation fell to 9% in this year’s survey.
6 days ago

Philippine central bank joins regional task force to fight financial scams

Junior monetary officials will receive a newly endorsed training programme.

Southeast Asia deals fall from $1.6b to $936m in H1 2026

Wealth and asset management reached 8 transactions.

Chinese banks risk sharper lending yield swings: S&P

Commercial lenders may need tighter internal models to contain interest rate exposure.

India’s infrastructure bank targets Uttar Pradesh funding gaps

The partnership will provide debt-raising and credit enhancement services.

Hong Kong banks face margin squeeze despite asset growth

Loans advanced 3.3% in 2025 and ended a three-year contraction.

Singapore banks face rising fraud as 90% report more attacks

Most institutions say financial harm now outweighs reputational concerns in fraud planning.

RHB warns UOB faces margin loan and asset quality risks

Commercial real estate remains a concern despite signs of improvement in some markets.

Philippine banks’ loan repayments slash foreign capital inflows

Financial account net inflows fell to $2.4b from $7.4b in the prior year.

Financial services insider costs hit $23.1m as shadow AI spreads

The sector ranked third amongst industries and exceeded the $19.5m global average.

How bigger deals pushed financial services acquisitions to $499b

Global transactions reached 612 in 2025 compared with 605 in 2024.

Philippine account ownership sinks as microfinance access weakens

E-money wallets stayed at 36% whilst bank access held at 23%.

Chinese banks climb as HDFC Bank sinks in Q1 2026 rankings

Agricultural Bank of China rose 36.5% on stimulus and infrastructure support.

Citi, India review push to accelerate solar, hydrogen growth

Citi CEO Jane Fraser met Indian PM Narendra Modi ahead of the bank’s 125th year in India in 2027.

How are banks strengthening buffers against oil price shocks?

China-based banks will likely bear the largest impact.