The age of uncertainty - what should investors look out for in 2020?
Outlook from HSBC suggests US macro outperformance is likely to fade next year.
Asia
Chinese crypto exchange CEO missing
IDAX Global's CEO has disappeared just days after its activity in China was suspended and users' ability to withdraw funds was hampered
How to attract the huge Chinese tourist spending worldwide
Credorax white paper shows how Chinese payment methods are bridging the gap between east and west
Propelling the Taiwanese green bond market
Ørsted secures first green New Taiwan dollar bond to be issued by a foreign corporate in Taiwan.
Bank of Communications and Bloomberg form global technology and data partnership
Both companies will explore collaboration in customised indices for the China market.
Saxo Bank Japan takes regulatory reporting to the cloud with Torstone
The Inferno platform's modular infrastructure allows for a phased migration to the solution.
State Street investor confidence metric up in November
The Global Investor Confidence Index increased by 1.7 Points to 80.9.
EastNets survey suggests over 4 in 5 banks have been targeted by cybercriminals on the SWIFT network
Only 20% of banks say that internal departments collaborate 'very strongly' to prevent fraud.
Wethaq launches Sukuk using SWIFT gpi Link
The pilot Sukuk is being launched under the supervision of the Dubai Financial Services Authority.
ABN AMRO goes live with Temenos Payments in Hong Kong
Dutch bank goes live with the platform to power real-time payments and improve customer experience.
OCBC Bank and Standard Chartered complete Singapore’s first OIS trade based on SORA
The overnight indexed swap (OIS) derivatives transaction used the Singapore Overnight Rate Average (SORA) as interest rate benchmark.
BIS opens Innovation Hub Centre in Singapore
The news represents the first expansion of BIS's global footprint in 17 years.
Trade and Development Bank closes live end-to-end trade finance transaction using blockchain
Over 50,000 metric tonnes of sugar moved from Asia to Africa, with dltledgers as blockchain partner and Agrocorp as trading company.
HSBC, SGX and Temasek explore DLT for fixed income
It is the first end-to-end digitisation initiative focussed on Asian bond markets.
Whitepaper explores the responsible use of AI in financial services
The paper from Deutsche Bank, Microsoft, Linklaters, Standard Chartered and Visa explores how AI principles can be put into practice.
MAS, J.P. Morgan and Temasek develop blockchain-based prototype for multi-currency payments
The payments network will provide interfaces for other blockchain networks to connect and integrate.
Alibaba.com joins SWIFT gpi for Corporates
The company is also working with SWIFT on a new payments-tracking service.
DBS and Trafigura collaborate with IMDA on open-sourced blockchain trade platform
It should cut end-to-end trade document transit time from 45 to 20 days.
Deutsche Bank opens commodity custody services market in India
Initial SEBI approval allows for custody services in gold, crude and natural gas, and commodity indices.
Report identifies gap between intention and action in ESG efforts among Asian companies
Refinitiv data sees Hong Kong companies with the best overall performance in Asia, followed South Korea and India.
EIU study finds big data dividends for corporate travel managers in Asia Pacific
Digitisation, automation and analytics are combining to give Asian companies the ability to manage staff travel more efficiently.
Asia’s finance professionals identify potential global recession as top business risk
The J.P. Morgan survey saw nearly one-third (30%) select global recession as their main worry.
SWIFT and HSBC to define industry standard for Hong Kong APIs
The standard allows merchants to setup direct debit authorisation and initiate collection instructions to bank on behalf of customers.
DBS and IRAS partner to help Singapore be cheque-free by 2025
The collaboration is initially focused on digitising tax payments and collections via PayNow.