In Focus
Genting Singapore net profit down 5% to $578.9m in FY2024
Genting Singapore net profit down 5% to $578.9m in FY2024
Revenue rose 5% to over $2.5b.
8 hours ago
Zhongxin Fruit and Juice records $4m net profit in HY2025
However, the gross profit margin decreased to 16.3% from 18.4%.
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Public Bank's LPI Capital purchase may boost earnings, ROE
MGO is unlikely to be accepted by shareholders due to its ‘steep’ 25% price discount.
Why digital wallets must shed their ecosystem dependence
Experts noted the importance of forming the right strategy for sustainability and brand marketing.
Techcombank eyes more business clients with southern expansion
Vietnam’s fourth-largest bank by assets seeks to expand in Ho Chi Minh City and surrounding regions.
China push to stimulate consumption may need more time
For banks, the lower mortgage rates could hurt profits in the short term.
Typhoon debt relief to squeeze Vietnamese banks profitability
It will delay the formation of bad loans.
Funding freeze hits BNPLs
Investors are putting less cash towards BNPL providers, who already grapple with thin margins.
Thai banks’ weak loan problem starts to bite: analyst
Provisions for expected credit losses now average 30%.
Bank-fintech alliance a win-win, says HSBC
Lenders can learn from disruptive tech whilst aiding its champions comply with regulations.
China’s big four banks face $100b shortfall in loss-absorbing capital
The banks have not yet met their required loss-absorbing capacity levels.
Singapore, Hong Kong banks tap APAC family office boom
They can help manage costs, which could balloon to 3% of assets.
Malaysian banks improve margins in Q2 as deposit costs ease
CIMB leads Malaysian banks in H1 2024 returns.
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