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Friday, 1 May 2026
Friday, 1 May 2026

FINANCE Friday, 24 April 2020 11:17

China Probes SME Lending Effectiveness

China’s government has launched a survey asking small and medium-sized businesses about the difficulties of accessing loans amid reports about inaccessibility.

FINANCE Friday, 24 April 2020 10:32

Cross River Bank Finds Partner in Southeast Asia

Shefa Capital and Malaysia-based global advisory firm V Capital Investments (VCI) have partnered to lead a Series C pre-IPO $100 million investment in Cross River Bank (CRB).

FINANCE Friday, 24 April 2020 10:15

China Dominates Q1 VC Deal Count Despite Downturn

Quarterly venture capital fundraising in China fell to its lowest in 12 quarters but still managed to own six of Asia’s top 10 deals.

FINANCE Thursday, 23 April 2020 16:58

GAM Portfolio Manager Joins UBP

Geneva-based private bank UBP has hired an expert in alternative investments from asset manager GAM. He will help overlook the business from the bank’s office in London.

FINANCE Thursday, 23 April 2020 16:47

Razer to Support Fintech Community

Razer Fintech, the financial technology arm of Singapore gaming and technology brand Razer, is partnering with the Singapore Fintech Association (SFA) to address business continuity concerns, high business costs, funding and employment issues arising from the...

 FINANCE Thursday, 23 April 2020 15:55

Oil Troubles Hit Chinese Banks

Two state-owned Chinese banks have suspended open positions for crude oil trading products after the commodity experienced an unprecedented crash to reach negative price levels.

FINANCE Thursday, 23 April 2020 14:59

Gojek Completes Deal for Payments Startup

The deal for the Jakarta-based mobile point-of-sale (POS) market leader Moka, which would make Gojek to become a major player in Indonesia's digital payments space, has been in the making since early 2019.

ADVERTORIAL Thursday, 23 April 2020 14:55

The Rebirth of an Icon

Contemporary, refined and assertive, the new Alpine Eagle sports chic timepiece collection is a state-of-the-art reinterpretation of the St. Moritz, the first watch created in 1980 by Karl-Friedrich Scheufele, now co-president of Chopard.

FINANCE Thursday, 23 April 2020 14:52

Blacklisted Unicorn Mulls Offshore IPO Retreat

China’s Megvii Technology – a leading developer of facial recognition tech and suspected human rights abuser – is considering a retreat from its Hong Kong listing application.

FINANCE Thursday, 23 April 2020 13:33

Credit Suisse Profit Up, Outlook Cautious

Credit Suisse's quarterly profit surged by three-quarters due to a fund unit disposal. It warned of stormier times ahead.

PEOPLE Thursday, 23 April 2020 13:01

Bank of East Asia's Head of Wealth Resigns

Bank of East Asia’s wealth management division head exits after a brief stint, finews.asia has learned.

PEOPLE Thursday, 23 April 2020 12:22

Hong Kong Asset Manager Appoints CIO

The Greater China-focused asset manager has promoted a veteran China investor and private equity executive as part of its market-driven reorientation.

FINANCE Thursday, 23 April 2020 11:44

MAS Allays Fears Following Oil Trader's Collapse

Finews.asia previously reported that 23 banks reportedly lent a total of $3.85 billion to the troubled oil trader, with HSBC, DBS, OCBC, Bank of China, Societe Generale and Standard Chartered named as the largest lenders.

FINANCE Thursday, 23 April 2020 10:53

Citi to Hand Job Offers to All Summer Interns

Fears among graduates that virtual or shortened internship programs at banks amid the Covid-19 pandemic will make it more difficult for them to secure a job after completing the program have been alleviated, at least for Citi's summer interns.

FINANCE Thursday, 23 April 2020 10:45

Ex-Deutsche Banker Kicks Off Japanese Crypto Exchange

Japan’s FXCoin will begin operations after more than two years of building its foundation led by founder and chief executive Tomoo Onishi – ironically an ex-FX sales manager with Deutsche Bank.

FINANCE Thursday, 23 April 2020 09:55

UBS Tops Broadridge's China Rankings for Asset Managers

UBS Global Asset Management took the top of Broadridge's ranking of global asset managers in China, based on a survey of 50 fund gatekeepers from the mainland market.

FINANCE Wednesday, 22 April 2020 17:36

New Lawsuits Threaten to Open Old Wounds for Credit Suisse

Credit Suisse was hit with two new lawsuits that threaten to open old wounds for its investment bank.

FINANCE Wednesday, 22 April 2020 16:36

UOB Offers Liquidity Boost to SMEs

Businesses that require urgent access to funding to stay afloat during the Covid-19 outbreak can take up pre-approved loans of up to S$200,000 ($140,000) and only service the interest until December 31.

FINANCE Wednesday, 22 April 2020 15:46

China Reduces Bad Loan Support for Smaller Banks

Chinese regulators noted that rising bad loans remained under control amidst the pandemic but signaled less support for small to mid-sized banks moving forward.

FINANCE Wednesday, 22 April 2020 14:55

Pandemic Accelerates Digital Banking Among Seniors

With more customers staying in and working from home, there has been significant growth in digital wealth and uptake of digital banking products and services, particularly in the 60 to 80-year-old segment.

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