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Australia cracks down on crypto ATMs as scams, fraud uncovered

There are now more than 1,800 machines in the country compared to just 23 in 2019, according to Austrac data

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Asia’s top-rated bonds lifted by pullback from US Treasuries

Regulators have moved to calm nerves, and are now considering easing rules on how insurers report their assets to soften the blow...

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Vanguard files for new ex-China emerging markets ETF

ASSET management giant Vanguard Group plans to launch a new exchange-traded fund (ETF) that will target emerging markets while excluding China, joining...

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Thailand’s virtual bank race heats up – but real disruption may take time

The Bank of Thailand is also working on legislation to be passed later this year that will introduce ‘open data’ to the...

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DBS mobile app customers face intermittent access on Monday

More than 1,000 reports have been made on outage tracking site Downdetector since around 2 pm

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DBS mobile app customers face intermittent access on Monday; bank says issue resolved

More than 1,000 reports have been made on outage tracking site Downdetector since around 2 pm

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Citigroup names Bank of America veteran Zhang as new China country head

The appointment is subject to regulatory approvals

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Bank of Japan sets aside maximum provision of losses for bond transactions

The moves come as the Japanese central bank faces mounting pressure to keep hiking borrowing costs, after it kept short-term interest rates...

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HSBC to inject US$4 billion into its private credit funds

Banks have been trying to muscle in, with some such as Citi and UBS partnering with existing players Apollo and General Atlantic

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ECB expected to cut rates again as Trump trade war rumbles on

The central bank faces a tricky task in protecting the eurozone from the mercurial US president’s trade policies while keeping inflation stable

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