Staff Reporter
Cross-border payment startup Currenxie secures $10m Series A funding
Cross-border payment startup Currenxie secures $10m Series A funding
The Hong Kong-based firm was founded by Goldman Sachs alumni.
Singapore life insurance records whopping $1.97m in sales
This accounts for a YoY 61% growth in H1 2021.
HKEX sees record 26% profit growth to $6.61m in H1
This is thanks to the buoyant IPO market and strong trading volumes amongst others.
AirAsia's BigPay secures $100m from South Korean conglomerate
The funding is just one step closer to BigPay’s ambition to be the largest challenger bank in SEA.
‘More aggressive’ Hong Kong investors expect a return of 11.4%
This is a new high, according to Schroders Global Investor Study.
ESR acquisition of ARA to make it largest real asset manager in APAC
ESR Cayman Limited is set to acquire ARA Asset Management for US$5.2b.
How SG firms can tap GBA opportunities via Hong Kong
Chief Executive Carrie Lam said the city is an “ideal gateway” for businesses.
DBS profit up 54% to record S$3.71b in H1, 33 cents DPS announced
Fee income rose to a record as wealth fees hit new heights.
Philippines to achieve retail recovery by 2022
Household spending is expected to remain behind pre-pandemic levels for 2021.
Hong Kong to further tighten border control measures
This will take effect on 9 August.
86,600 SG residents jobless in June amidst heightened alert and Delta jitters
Total employment fell in the second quarter by 15,700.
Hong Kong’s economic growth slows down as border control remains
The city’s GDP expanded by 7.5% in the second quarter from 7.9% previously.
SIA cuts down net loss to $409m in Q1
The airline saw a net loss of $1.12b in the same period last year.
Gov’t investigates Next Digital Limited over alleged fraud affairs
Clement Chan Kam-wing has been appointed as the inspector for the investigation.
Singapore lifts dividend cap on local banks, financial companies
Local financial firms are expected to remain resilient even should the economy slip into a recession again.
Citi rolls out real time liquidity sharing solution in APAC
Treasury teams can mobilize liquidity and fund intraday payments in real-time.
RHT Law Asia’s Erwan Barre joins panel of judges in the Asian Technology Excellence Awards 2021
To remain competitive, he believes that business leaders should capitalise on the pandemic’s momentum and continue with innovation.
Commentary
Fees friction is testing Asia’s academic ambitions