News
SMBC to buy additional 4.2% stake in Yes Bank for $101.7m
SMBC to buy additional 4.2% stake in Yes Bank for $101.7m
It has already completed the acquisition for a 20% equity stake in the Indian bank.
APAC instant payments value to reach $170.2b in 2029: GlobalData
China, Japan, South Korea, and India are leading the way.
UOB, Hengfeng Bank, Shangao Holdings ink MOU for Chinese firms’ overseas expansion
They will provide cross-border trade financing and investment banking solutions, amongst others.
ZA Bank backs Hong Kong policies on AI and tokenisation
The Policy Address also introduced support for SMEs.
CBA’s x15ventures teams up with fintech fund Triple Bubble
They will develop a mentorship and talent exchange program.
NAB boards mourns passing of former director David Armstrong
Armstrong was with NAB from 2014-2023.
Hang Seng Bank backs policy measures to bolster markets, finance
Chief exec Diana Cesar said that they will continue to work closely with Hong Kong authorities.
DBS, Franklin Templeton, Ripple launch tokenised fund trading solutions
DDEx will list FT’s sgBENJI token alongside the Ripple USD stablecoin.
Singapore and Hong Kong enhance banking supervision cooperation
It enhances supervision of cross-border operations of banks under their purview.
Atome, Maya partner in $48m deal to expand lending
They will work together to extend flexible payment options to Filipinos.
BDO partners with VinFast, V-Green to boost the Philippines’ EV ecosystem
BDO will support the expansion of the three companies.
DBS launches new Asia Gateway operations hub at PBC Jurong
The bank said DAG houses about 1,000 Operations Group employees.
Hong Kong's banks encouraged to explore tokenised deposits and assets
Authorities are expected to work together to regularise the issuance of tokenised bonds.
OCBC to provide social loans to 10,000 women entrepreneurs by 2030
It has supported over 2,000 women-owned SMEs as of June 2025.
Australia, New Zealand propose reforms on AT1 capital rules
New Zealand wants to remove AT1 capital and introduce more granular standardised weights for credit risk.
Ant International to launch Alipay+ in Saudi Arabia
It will connect to mada, Saudi Arabia’s national payment scheme.
SPD Bank Shanghai, XTransfer team up to help Chinese SMEs expand overseas
They aim to provide “safer, more efficient, more convenient” global collection and cash management services.
Commentary
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance