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NOW that traders have an idea of who will likely take over the Bank of Japan’s (BOJ) governorship, the focus will shift to global bond investors’ biggest worry: a wave of Japanese cash flowing out of international markets towards rising yields at home.

BINANCE, the world’s largest crypto exchange, said it’s been told by Paxos Trust that the latter has been directed to cease minting a Binance-branded token that ranks as the third-largest stablecoin.

JAPAN’S 10-year government bonds were untraded on Monday (Feb 13) as investors anticipated the next governor of the Bank of Japan may not be as hawkish as expected.

CONSUMERS are least satisfied with accessibility to banks’ physical branches or ATMs (automated teller machines), according to results from the third annual Banking Trust Index for Singapore survey released on Monday (Feb 13).

WHEN it comes to building banking consumer trust, accessibility to physical branches or ATMs (automated teller machines) is less important than giving back to local communities or impacting the environment and society (*see amendment note), according to results from the third annual Banking Trust Index for Singapore survey released...

HONG Kong’s government has hired banks to arrange its debut sale of digital green bonds, expanding the use of a nascent technology that promises faster settlement and payment.

REGARDLESS of whoever sits in the Bank of Japan (BOJ) hot seat, the biggest worry of global bond investors — a wave of Japanese cash heading home — has already begun in earnest and looks unlikely to stop.

SINGAPORE’S largest lender on Monday (Feb 13) posted a 69 per cent year-on-year rise in net profit to a record S$2.3 billion for its fourth quarter ended December.

DBS will likely continue to post strong results in 2023 as the lender rides on its strong asset quality and sustained loan momentum, said its chief executive Piyush Gupta.

CHINESE banks extended a record amount of new loans in January after authorities prodded them to lend more to businesses, though consumer borrowing remained subdued.