China's e-commerce rebounded in 2023, with Pinduoduo's remarkable performance surpassing that of Alibaba and JD.com. Alibaba responded with the 'Year-End Good Price' festival, emphasising a 'low price strategy.'

Goldman Sachs, UBS, and Citi reports highlight the rising importance of family governance, successions, and next-generation considerations in shaping strategic outlooks beyond traditional investments

China’s wealth management market overcame regulatory hurdles and saw renewed investor confidence in the first half of 2023, with mutual funds surpassing the scale of bank wealth management products

Asian economies are grappling with the complex task of aligning carbon-intensive infrastructure with global environmental, social and governance priorities

Banks increasingly focus on modernising technology architecture and ‘hollow’ their core systems to address the challenges of legacy systems and meet the evolving business needs, agility, scale, for future growth.

The impact of the Renminbi as a commodity currency extends beyond trade transactions, influencing its broader usage in the global financial landscape

The bank clinched two prestigious Wealth&Society Awards this year for Best Family Office Services and Private Bank Philanthropic Planning, highlighting its contributions to China’s private banking sector

China’s first cloud-native digital-only bank showcased digital solutions at the 2023 Singapore Fintech Festival, including Tomtit for rural finance, Goose for supply chain finance, and Lark for loan risk management

Despite China’s trade surplus, the RMB is depreciating against the USD and Euro due to lower yields on RMB-denominated assets, but this trend is expected to reverse in 2024 as interest rates align and exports recover

Industry leaders and executives discussed the transformative potential of adopting a cloud-first strategy in the financial sector during the Finance Philippines Conference 2023, highlighting benefits such as enhanced data security, innovation, and superior customer experiences, while addressing challenges and emphasizing the revolutionary impact of the convergence of cloud and AI technologies on the industry.

The merger is a big step for BPI’s digital banking ambitions, with Robinsons Bank’s 20% stake in GoTyme being able to significantly accelerate growth

To support the needs of small and large businesses in ASEAN and Greater China, OCBC continues to expand banking solutions and invest in digital capabilities

Al Rajhi Bank in Saudi Arabia remains the leading global Islamic bank, with Middle Eastern counterparts surpassing Asian ones in scale and profitability, while Asian Islamic banks exhibit stronger asset quality

Aki Ismasufian, CEO of Standard Chartered Brunei, discusses the bank's focus on digital transformation, sustainability, and financial inclusion, emphasizing initiatives such as participation in the National Digital Payment Network and global efforts towards carbon neutrality, while also highlighting the importance of fostering entrepreneurship and accelerating economic growth in Brunei.

Trade finance is gradually digitalising amid evolving e-commerce models, driven by technology and sustainability; the $2.5 trillion global trade finance gap affecting SMEs prompts innovation in blockchain, tokenisation, and sustainability, despite geopolitical complexities