The fast-growing platform that provides credit and tools to help SMEs now has the funds to scale its business across Southeast Asia and close the gap in SME funding.
Hong Kong is like a kite swerving and surging in the sky. You must be able to see the winds, to tell the kite’s fate – finews.asia invited an Asian family office to share its reading of the current uncertainties in Hong Kong right now. The writer requested its name be...
Numerous Hong Kong-based brokerages lack the ability to effectively share data to regulators due to a myriad of reasons, generally related to disorganization leading the regulator to set data standards to improve efficiency by leveraging analytics capabilities.
The Hong Kong Monetary Authority will focus on ensuring security and safeguarding customer interests as the upcoming phases of its Open Banking API Framework will have more sensitive data and complex functions covered.
A multitude of factors, including the ongoing U.S.-China trade war, have hammered Asia Pacific's fintech sector with just $3.6 billion raised in the first half of 2019.
Strong performance from OCBC’s consumer and private banking segment helped bump up quarterly profits by 1 percent and offset all of the group’s other segments which posted negative year-on-year profit growth. The Singaporean financial group posted second quarter...
The bank's strong second quarter was driven by strong wealth management flows, higher credit card volume and higher trading income.
Although U.S. universities continue to lead the ranks in creating the ultra-rich, Asia Pacific is rapidly gathering pace with the top 10 universities having minted an estimated 7,775 ultra-high net worth individuals worth a total of nearly $3 trillion.
Singapore has experienced an influx of cryptocurrency scams, with the latest using the former Prime Minister Goh Chok Tong’s name to solicit business.
Georg von Wattenwyl is taking over the Presidency of the SwissCham Board from his predecessor Tom Ludescher.
A survey published today finds that Singapore consumers want more banking choices, and are keen on trying out digital banks set to launch in the city-state later this year.
HSBC received the highest score among banks in three of the six factors measured in the study: product offerings, fees and problem resolution.
OCBC Bank customers only need to scan a QR code on the OCBC Pay Anyone app to make withdrawals.
Grab’s insurance arm and NTUC Income jointly unveiled its first micro-insurance plan designed to help drivers better protect themselves against critical illnesses.
Multiple charges were indicted by U.S. officials to the founder of Asia’s largest manufacturer of aluminum extrusions, who was called «a corrupt businessman», including allegations of $1.8 billion of tariff evasions.
The startup has raised its largest tranche of funds in a round led by Franklin Templeton and PEAK6 Capital.
The new Cayman Islands Economic Substance Law, which aims to prevent multinational companies using subsidiaries in tax havens to lower liabilities, is affecting Hong Kong hedge funds there.
Hundreds of staff joined calls for a citywide strike next week against the government’s handling of recent protests in Hong Kong.
Asia’s slow ESG adoption lags further in the latest response from Hong Kong’s chamber of listed companies claiming that new disclosure requirements are «quite heavy and cumbersome».
Unexpectedly, two dozen central banks nixed a gold pact they had sealed years earlier. With the price of gold already at a six-year high – how far will it go?
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