News

Citi invests in Japan’s Sakana AI

Citi says the investment will help Sakana AI in its international expansion.

MUFG and JICT to jointly promote autonomous driving deployment

The two companies have invested in US-based May Mobility.

Westpac rolls out Book a Banker tool for home loan appointments

It will be expanded to St.George, BankSA, and Bank of Melbourne in the coming months.

Norinchukin logs $636.78m profit for Apr-Dec 2025

Full-year profit will come lower as Nochu foresees a potential portfolio rebalance.

Syfe launches JPMAM active ETF portfolio in Singapore

The Equity Alpha portfolio targets an annual alpha of 0.5% to 1% at a fraction of typical annual fees.

Kotak Life and Utkarsh Small Finance Bank ink life insurance partnership

Utkarsh SFBL offers Kotak Life’s insurance products to its 5.14 million customers.

CIMB ties up with Ant Int’l to push digital treasury and liquidity framework

They will use Ant’s blockchain-based treasury management solution.

Citi forms AI Infrastructure Banking team to tap $3t financing opportunity

The team aims to provide debt financing to fund data centres and other infra capacity.

MUFG and Singlife seal $550m insurance financing deal

It ranks amongst Singapore’s largest insurance financings.

OCBC hit with complaint over coal power financing in Indonesia

The complaint notes it excludes financing for new coal plants under its framework.

Citi names Thai Nguyet Minh as markets head and country treasury for Vietnam

She joins from Maybank, where she was the Vietnam head of global markets.

Weixin Mini Programs' transaction value up 65% in LNY 2026

Transactions of Chinese tourists visiting Italy and Malaysia more than doubled.

Bank Central Asia’s net profit rise 5.8% to $287.65m in Jan 2026

Net interest margin fell on lower earning asset yield, noted CGSI.

OCBC’s net profit dip 2% to $5.87b on higher tax expenses

OCBC’s net profit dip 2% to $5.87b on higher tax expenses

RCBC’s net income up 11% to $183.71m in 2025 on loan and card growth

Credit card receivables rose due to the “successful acquisition of affluent customers.”