Payments, fintech and the money moves powering Asia's retail economy.
In an endeavor to support consumers during a time of economic uncertainty and surging expenses, DBS Singapore has announced the provision of S$10 million (US$7.8 million) in cashback redemptions. These will be available for DBS and POSB cardholders, as well…
As the week concluded, the price of gold in Vietnam exhibited an upward trend on Saturday morning, even though the precious metal ended the week with a 2% drop in value. The price of gold bars from Saigon Jewelry Company increased by 0.48%, reaching a new…
OCBC, in collaboration with its asset management arm, Lion Global Investors, and digital asset exchange DigiFT, have recently introduced the OCBC-LionGlobal Physical Gold Fund Token (GOLDX token). Notably, this is Southeast Asia’s first tokenised physical…
ClearBank, a prominent banking institution, has recently teamed up with Tazapay, a Singapore-based cross-border payments platform experiencing rapid growth. The move is a strategic effort to fortify payment processes between Asia and Europe. Notable Milestone…
Standard Chartered has welcomed Doris Wong to the company in the role of Head of Coverage for Greater China and North Asia (GCNA). Wong’s employment will be effective beginning on June 1. Working from Hong Kong, Wong will be a member of the Client Coverage…
HSBC has recently publicized the appointment of Desmond Kuang to the position of Chief Investment Officer for Asia, in its Private Bank and Premier Wealth division. Kuang will officially take over his new role, based in Singapore, on July 6, 2026. Regional…
On Wednesday, there was an uptick in Vietnam’s gold prices as global bullion rates experienced a slight decrease. The gold bar price from Saigon Jewelry Company witnessed an increase of 0.87%, reaching VND174.5 million (US$6,626.79) per tael. This valuation…
Despite a decline in profits, the average earnings of employees at HSBC Vietnam increased by 6.6% to VND925 million (US $35,100) in the previous year. This expenditure on salaries and bonuses for its 1400-strong workforce amounted to around VND1.3 trillion,…
The Bank of Singapore has announced the appointment of Vi Sun Yang, a seasoned wealth management professional, as the Head of Private Banking for the ASEAN region. Yang, who previously served at Julius Bär and UBS, will assume her new role from June 29, 2026.…
On Friday, the United States dollar showed an increase against the Vietnamese dong, even though it was headed for a weekly depreciation against other major currencies. Vietcombank reported a slight increase of 0.01% in its selling rate of the US dollar, which…
The Hongkong and Shanghai Banking Corporation Limited, a subsidiary of HSBC, has been granted a license to issue stablecoins by the Hong Kong Monetary Authority (HKMA), marking a significant foray into the regulated digital asset space. The bank intends to…
After witnessing a 1.74% surge earlier in the session, the gold prices in Vietnam experienced a slight downturn on Wednesday afternoon. The price of the gold bar from the Saigon Jewelry Company decreased by 0.28% from its morning value, settling at VND175…
BNP Paribas, the French multinational bank, has recently finished the restructuring of its Swiss operations, with a primary emphasis on Wealth Management. From this point onwards, the bank’s primary concern will be to expand its wealth management sector,…
Swiss investment company, Vontobel, has announced its plan to establish a new office in Düsseldorf in 2026. This new branch will further assert their position in Germany, with a particular focus on high-net-worth individuals (HNWIs) and family offices in…
On Monday, the U.S. dollar experienced a slight decrease in value against the Vietnamese dong while maintaining stability against other significant currencies. Vietnam-based bank Vietcombank quoted the U.S. dollar at 26,344 VND, marking a negligible decline…
On Monday, the price of gold in Vietnam experienced a decline, mirroring a drop in global bullion rates. This downward trend was seen when the Saigon Jewelry Company lowered the price of its gold bars by 0.8%, or to VND173.1 million (US$6,571.64) per tael.…
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Read by retail operators, investors and brand teams across Asia.