News

Citi launches Korea desk in Chicago to back Korean firms’ US expansion

Citi Korea opened its first Korea desk in New York in 1993.

Mastercard partners to launch cyber shield for SMEs and public sector

Partnership merges Recorded Future with WAF to guard against Shadow IT threats.

Standard Chartered launches ESG-linked cash account

Enhanced interest rates apply when sustainability targets are met.

Krungsri names Chayathip Phanmanee as head of Krungsri Auto Group

Phanmanee implemented debt restructuring policies during the COVID-19 period.

EastWest Bank profit climbs 21% to $156.4m in 2025

Revenue was up 20% with stronger operating leverage.

OCBC new investors triple as bank braces for 2026 gold, silver uptick

The bank sees sustained growth on the back of industrial use and recent price rallies.

SMFG’s CET1 ratio climb to 12.75% on higher capital

The Japanese megabank earlier reported a profit of $8.99b for the 9M period.

Taiwan revolving credit rises to $3.78b in Dec 2025

Monthly retail sales surged to NT$453.7b, from $396.7b a month earlier.

Japan Post Bank profit surges 22.4% to $2.46b in Q3 FY2026/3

Dividend is forecasted to be JPY70 for FY2026/3.

NPCI’s FiMI AI model to handle UPI disputes

It uses an agentic AI framework for multi-step reasoning tasks.

CIMB tests tokenised sukuk under Malaysia’s digital asset hub

It will evaluate bank-grade tokenisation across issuance, payment, and settlement.

Maybank pilots tokenised ringgit for cross-border payments

The bank aims to pioneer a range of tokenised assets, from Islamic finance to wealth products.

NAB underlying net profit jumps 12% to $3.1b in Q1

This was driven by the strong performance of its customer facing divisions.