News
SCB Easy App unavailable on 5 October 2025
SCB Easy App unavailable on 5 October 2025
The app is being upgraded during the period, SCB said.
SMBC Group, Jefferies to establish wholesale equities business in Japan
SMBC is also increasing its investment in Jefferies to up to 20%.
BSP probes bank accounts tied to flood control corruption
This comes after a department secretary filed an official request.
Philippine central bank limits daily cash withdrawals, transactions to $8,750
Transactions beyond that must be done through traceable channels like cheques, and online transfers.
Weekly Global News Wrap: Yes Bank ex-CEO charged; US banks cut rates
And a software used by Aussie banks’ is being tested for a possible teen social media ban.
CBA says RBA interchange reforms risk hurting Aussie firms
The Australian bank agreed that debit and credit surcharging should be eliminated.
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.
Commentary
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part
The financing challenge behind Asia’s wealth transfer