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Financial services

MoneySmart data breach hits S’pore, HK users; IC numbers, financial info potentially exposed

MoneySmart operates an online platform that allows consumers to evaluate, compare and purchase products.
MoneySmart operates an online platform that allows consumers to evaluate, compare and purchase products.

China vows to boost yuan liquidity, back Hong Kong markets

China’s vice-premier He Lifeng said China will continue to support a free and open economic environment in Hong Kong.
China’s vice-premier He Lifeng said China will continue to support a free and open economic environment in Hong Kong.

Grab Holdings boosts 2026 forecasts on strong delivery, ride-hailing demand

Grab is South-east Asia’s biggest ride-hailing and delivery company.
Grab is South-east Asia’s biggest ride-hailing and delivery company.

Cyberattack-hit GMO left system vulnerable for over 2 years, says CEO

GMO Internet Group chairman and president Masatoshi Kumagai bows as other executives show contrition at a press conference over the cyberattack in Tokyo on Nov 2.
GMO Internet Group chairman and president Masatoshi Kumagai bows as other executives show contrition at a press conference over the cyberattack in Tokyo on Nov 2.

Binance in talks for Malaysia licence after five-year absence

Regulatory approval would provide Binance a route to formally re-enter a market where it has faced restrictions for more than five years.
Regulatory approval would provide Binance a route to formally re-enter a market where it has faced restrictions for more than five years.

North Korean IP addresses detected probing South Korean financial networks: Report

A series of hacking-related incidents has emerged in South Korea since late September, with cryptocurrency exchange Bithumb among those affected.
A series of hacking-related incidents has emerged in South Korea since late September, with cryptocurrency exchange Bithumb among those affected.

HSBC announces US$1 billion buyback after profit growth misses

HSBC posted a pretax profit in the third quarter of US$9.6 billion, missing a company-compiled estimate of US$9.7 billion.
HSBC posted a pretax profit in the third quarter of US$9.6 billion, missing a company-compiled estimate of US$9.7 billion.

Business excursion to China: UOB’s annual next-gen programme targets high-net-worth heirs

Participants and speakers of UOB Private Bank’s 2026 Next Generation Programme during a company visit to Unitree Robotics in Hangzhou.
Participants and speakers of UOB Private Bank’s 2026 Next Generation Programme during a company visit to Unitree Robotics in Hangzhou.

Sea plans IPO for financial services arm Monee, memo says

Sea Limited’s financial services arm Monee offers mobile wallets, payments processing, credit and banking services.
Sea Limited’s financial services arm Monee offers mobile wallets, payments processing, credit and banking services.

Malaysian youth rack up $1.7 billion in Buy Now, Pay Later purchases

As of June 30, the outstanding BNPL financing balance among young consumers reached RM2.4 billion, with RM96.8 million, or 4%, currently unpaid.
As of June 30, the outstanding BNPL financing balance among young consumers reached RM2.4 billion, with RM96.8 million, or 4%, currently unpaid.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.