Sections
Asia
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InvestmentsHome Renovation Startup Livspace Nets $90M To Expand In Asia;...
Home space and renovations platform Livspace, which counts Goldman Sachs and IKEA among its...
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Cross-border PaymentsGlobal Remittances May Fall By $109B In 2020
If it takes a year to contain the COVID-19 pandemic and reopen economies, global...
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B2B PaymentsB2B Payments Deterioration Eyed For Asia
For global traders, emphasis continues to be placed on the urgency for corporates in...
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BankingHSBC To Restart Restructuring, Eyes Deeper Job Cuts
The biggest reorganization in HSBC’s history could get even larger as more cuts are...
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InvestmentsSingapore’s Ninja Van Delivery Startup Raises $279M
Parcel delivery startup Ninja Van, working in overdrive during the pandemic, ended a funding...
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InternationalCoronavirus Cases Climb; Dow Sinks Along With Mortgage Rates
As the Coronavirus spreads beyond the borders of Asia, its effects are casting a...
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InvestmentsAsian Food Delivery Firm HungryPanda Raises $20M
Online food delivery company HungryPanda has raised $20 million in a funding round led...
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B2B PaymentsDeutsche Bank To Help Sri Lanka With Digital FX
Deutsche Bank announced on Tuesday (Feb. 18) that it would improve its Sri Lanka...
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InternationalHSBC Reorganization Slashes 35K Positions, $100B Assets
Europe’s biggest bank by assets, HSBC, is slashing 35,000 jobs and $100 billion in...
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CryptocurrencyCrypto Fraud Scores More Than $4B In 2019
The cost of crimes involving bitcoin and cryptocurrency hit $4.3 billion in 2019, according...
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MastercardMastercard Invests In Asia’s Pine Labs For Electronic Payment Options
In order to accelerate the use of electronic payment options in Asia, Mastercard has...
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B2B PaymentsJPMorgan Targets Smaller Companies In Japan
JPMorgan Chase is introducing a new initiative in Japan, where it is actively vying...
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RetailRetail Sales Plunge In Hong Kong
With visitor arrivals to Hong Kong dramatically falling, the financial center’s retail sales registered...
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InternationalHow Tariffs Lead Toymakers To Redraw Asia's Supply Chains
Importers around the world continue to reel from ongoing trade disputes that are redrawing...
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RetailEstee Lauder Agrees To Buy Asian Beauty Brand
In what is reportedly its first acquisition of an Asian beauty brand, Estee Lauder...
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VISAVisa, Marqeta Team To Boost FinTech Expansion Across Asia Pacific
Visa and Marqeta are teaming to ease global expansion of FinTech firms and digital...
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InternationalWestern Union Opens Platform To Asia Affiliates
Global payment services firm Western Union is expanding its cross-border platform into Asia, the...
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B2B PaymentsTop Banks Adjust Asia Strategy To Support Corporate Clients
Some of the world's largest banks are adjusting their strategies in Asia in order...
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InvestmentsGrab Continues Asian Expansion With Foray Into Vietnam
Ride-hailing company Grab, which recently announced a $2 billion expansion plan in Indonesia, said...
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InternationalHSBC Axes CEO Flint In Effort To Speed Growth
In fewer than 18 months, HSBC’s chief executive officer John Flint is out, The...
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InvestmentsSoftBank Ventures Asia Notches $270M To Fund Startups
The Seoul venture capital division of Japanese multinational holding company SoftBank has raised $270...
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InternationalNew China Guidelines Increase Foreign Business Opportunities
The world’s second-largest economy wants to make business transactions easier, from nurturing private enterprises...
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InvestmentsGrab Backs UK Startup Splyt Technologies
In a move that will extend the reach of its services outside of Southeast...
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Security & FraudFormer JPMorgan Asia Executive Charged In Hiring Scandal
A former JPMorgan Chase executive was charged in Hong Kong for bribing an executive...
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LoansBanks Tightened Real Estate, Credit Card Borrowing Standards In Q1
Standards on commercial real estate loans and credit card borrowing were tightened by U.S....
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B2B PaymentsStandard Chartered Broadens Biz Banking Services Across Asia
Standard Chartered is spreading the availability of some of its corporate financial services across...
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RetailVirtual Reality: 5G Retailers’ Secret Sauce?
Out of the haze of uncertainty emerged a new mobile network, and from the...
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B2B PaymentsAsia's Corporates Driving Treasury, Banking Digitization
Large corporates across Asia are driving digital transformation of banking and treasury management in...
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Fintech InvestmentsLine To Expand Into Payments, FinTech To Avoid Complacency
Line, the Asian messaging company majority owned by Naver, the South Korean Internet search...
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B2B PaymentsBeehive Launches Supply Chain Finance In Asia
Business financing platform Beehive is expanding across Asia through a new banking partnership. The...
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Security & FraudWirecard Denies New Fraud Allegations Amid Decline In Shares
Wirecard, the German-based payments company, saw its stock tank again Thursday (Feb. 7) after...
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InternationalFinancial Firms Form FinTech Cooperation Committee In Asia
To help FinTech startups, banks, and institutions exchange expertise, financial firms formed the Fintech...
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B2B PaymentsTravelstop Embraces Mobile-First Asia For Launch Of T&E App
Corporate travel and expense report management company Travelstop has launched throughout Asia, with the...
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MobileWhat’s The Reward For Early 5G Deployment? Asia Will Soon...
South Korea is taking an early lead in deployment of 5G, with three of...
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POS InnovationJCB Debuts QR Codes In South Asia
JCB subsidiary CB International has rolled out a new EMV QR code payment service...
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CryptocurrencyLack Of Insurance Hurts Crypto's Push To Go Mainstream
Adoption of cryptocurrency by large fund managers is being hurt by the difficulty cryptocurrency...
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Cross Border CommerceRipple, Finablr To Launch Asia X-Border Remittances
UAE Exchange, the United Arab Emirates-based company, and Ripple, the blockchain technology company based in...
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Cross Border CommerceSWIFT Successfully Tests Instant X-Border Payments
SWIFT announced Sunday (October 21) successful test results of its new instant cross-border payments...
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RidesharingUber Works On Creating Bikes And Scooters
Following its acquisition of JUMP Bikes, Uber is looking to create its own versions...
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Partnerships / AcquisitionsDidi Chuxing Spinoff Buys Hiservice
Didi Chuxing spinout Xiaoju Automobile Solutions (XAS) announced on Tuesday (Aug. 14) that it...
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Voice ActivationSonos CEO Says Google Assistant Integration Should Come Before Holidays
Sonos, the newly-public smart speaker company, which debuted on the Nasdaq Thursday (August 3),...
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InvestmentsSecoo Gets $175M Investment From L Catterton Asia, JD.com
On Tuesday (July 10), L Catterton Asia, the Asian unit of consumer-focused private equity...
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Bank RegulationIn Asia, Finance Trade Groups Advocate For FinTech In Regulatory...
Financial firms have their work cut out for them when battling the bad guys,...
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InternationalGrab CEO: Venture Capital Efforts To Eye ‘Next Generation’ Of...
Ride-hailing firm Grab, based in Singapore — which entered a deal to acquire Uber’s...
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BankingRevolut Plans To Apply For Banking License In The US
After applying for a banking license in Europe, Revolut plans to apply for one...
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NewsFive at Five: A New AI and FinTech Investment Push
Rocket Internet Eyes AI, FinTech Investments Citing comments that Rocket Internet made after reporting...
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B2B PaymentsIndia's Alternative Finance Sector Shines Bright With Investors
Asia's FinTech investment is hitting new high notes. According to reports published this month...
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RegulationThe Prospect Of More Tech Regulation Sinks Global Stocks
With concerns that technology companies can face more regulation, tech stocks were declining all...
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uber of xParis Bike Sharing Fleet Folds After Too Much Theft, Vandalism
Gobee.bike is pulling out of Paris after thousands of its bicycles were stolen or...
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MobileiPhone X Hits Brick Wall In Asia
Apple’s iPhone X may be doing well in the U.S., but its price tag...
