Thursday, 30 April 2026

FINANCE Friday, 6 December 2019 12:00

SMFG Announces Revolutionary Work Attire Change

Sumitomo Mitsui Financial Group made an unprecedented announcement to relax rules for work attire in a move to spark cultural transformation.

FINANCE Friday, 6 December 2019 11:06

Grab Launches Physical Cards to Complement E-Wallets

The move brings greater financial inclusion while promising greater security, an expanded rewards ecosystem and Grab payments integration.

FINANCE Friday, 6 December 2019 10:20

World Bank Approves $1 Billion China Loan Plan

The World Bank announced its plans to aid China with up to $1.5 billion in low-interest-rate loans despite objections from top U.S. officials who cite concerns about human rights abuse and unfair economic practices.

FINANCE Friday, 6 December 2019 09:09

Catalina to Buy Temasek-Backed Reinsurance Firm

The acquisition will be Catalina’s first in Asia and is a strategic move to increase its exposure to the significant run-off market across the continent.

HIGH-END Friday, 6 December 2019 00:31

Michelin Chef Eschews Foreign Ingredients

Stéphane Décotterd, a Michelin-starred chef, has eliminated lobster, pineapple, and coconut from his kitchen – and invents a new breed of ultra-local gourmet cuisine.

FINANCE Friday, 6 December 2019 00:05

Family Office Buys Stake in Digital Safe Provider

A Swiss family office has acquired a major stake in a digital safe provider. And this is what it plans to do with the company.

HIGH-END Thursday, 5 December 2019 21:31

Billionaire Divorce Drama Grips Asia 

College sweethearts turn rivals in one of Asia’s largest divorce claims which if awarded, may lead to a new female Asian billionaire. 

FINANCE Thursday, 5 December 2019 18:00

Ten Outrageous Predictions for 2020

Will an Asian digital reserve currency tank the U.S. dollar by 30 percent versus gold? What if the Democrats win a clean sweep in 2020 election? As part of its tradition, Saxo Bank has released its annual set of «Outrageous Predictions» for the year ahead. 

FINANCE Thursday, 5 December 2019 17:30

VP Bank Singapore Hires Julius Baer Pair

In line with its Asia strategy, the Liechtenstein-based wealth manager has hired a pair of senior private bankers in Singapore, who will focus on the Asia-Pacific market.

FINANCE Thursday, 5 December 2019 17:02

APAC Anti Ocean Plastic Fund Raises Over $100 Million

Circulate Capital, investment managers dedicated to ocean plastic prevention, raised $106 million in its venture capital fund aimed to clear the waters in Asia.

FINANCE Thursday, 5 December 2019 15:45

Maybank Extends Avaloq Partnership

The Swiss banking software company will help the bank to create a better customer experience for its affluent clients with performance calculation and a suite of wealth products and services.

FINANCE Thursday, 5 December 2019 14:52

Pico Wins Nomura Nod

The firm will support Nomura's FX trading platform, which is co-located in data centres based in New Jersey (NY4), London (LD4) and Tokyo (TY3).

FINANCE Thursday, 5 December 2019 14:22

Aberdeen Standard Boosts Fixed Income Leadership in Australia

Asset Manager Aberdeen Standard has made an internal appointment to strengthen its local team, which it says is part of its strategy to strengthen and recognize talents.

FINANCE Thursday, 5 December 2019 14:03

Thai Bourse Eyes REIT Listings from Southeast Asia Neighbours

Thailand’s local exchange is eyeing foreign companies to list in with an optimistic outlook for Southeast Asian companies to consider floating real estate investment trusts.

FINANCE Thursday, 5 December 2019 12:11

Singapore Firms Scurry for Digital Banking Partnerships

Many firms operating in Singapore are engaging in last-minute negotiations to meet the year-end deadline regarding Singapore's digital banking licenses, according to local media reports.

FINANCE Thursday, 5 December 2019 12:00

Smile, You're on UOB's TMRW Camera

New customers of UOB's digital bank TMRW now have two reasons to smile. The mobile-only bank targeting Southeast Asia's digital generation announced on Thursday that it has enabled fingerprint and facial biometrics to make it speedier and safer for customers to...

FINANCE Thursday, 5 December 2019 11:39

Hong Kong-Thailand Digital Currency Underway

The central banks of Hong Kong and Thailand are working to launch a digital currency to facilitate cross-border trade.

FINANCE Thursday, 5 December 2019 10:57

Limited Expectations for Hong Kong Virtual Banks in 2020

KPMG expects virtual banks in Hong Kong to play a limited initial role in the financial sector with projections to capture only up to 3 percent of the city’s deposit base.

PEOPLE Thursday, 5 December 2019 09:53

Neal Cross-es Over to Razer Fintech

The British-born fintech star, known for his unconventional methods and instrumental role in bringing DBS into the digital age, will help Razer Fintech as the firm moves into areas such as financial and digital banking services.

FINANCE Thursday, 5 December 2019 09:44

New Zealand Banks Get Seven Years to Up Capital Buffers

Banks operating in New Zealand must increase capital by NZ$20 billion ($13 billion) over the next seven years as regulators move to shock-proof the country's economy. The Reserve Bank of New Zealand released its final decisions following its comprehensive review of...

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