Ravi Menon, Singapore’s central bank chief, said fintechs must serve a larger good and create a better, greener world.
Articles by MICHAEL SWITOW
For banks to make loans to individuals or businesses without a credit history, they must turn to non-traditional metrics, but the results can be spotty.
Where do you draw the line between regulation and innovation? Central banks are grappling with this issue in the face of rapidly changing technology.
Large Asian banks — trying to both mitigate risks and avoid new services cannibalizing existing ones — are moving slowly on collaborating with fintechs.
Anwar Ibrahim, Malaysia’s heir-apparent to become prime minister, said the companies behind deadly forest fires in Indonesia must be held to account.
India’s newly re-elected Prime Minister Modi has plans to boost private-sector exports, eschewing the country’s traditional focus on domestic consumption.
UOB expects to benefit from U.S.-Sino trade tensions, with companies set to diversify their supply chains into Southeast Asia, the bank said Wednesday.