Hong Kong payment platform Wonder has raised $12m in venture debt from HSBC Innovation Banking to accelerate its regional expansion.

Kevin Warsh, the youngest-ever Federal Reserve governor, needs to be approved by the Senate committee on banking.

Weak exports, inflation and a lack of foreign investment continue to weigh on the Southeast Asian nation; remittances are one bright spot.

In a positive year for the region's banks, 2025 ECM fees in Apac, ex Japan, were up 45% from 2024, DCM fees saw 11% growth, amid a record year for bonds, while M&A advisory fees climbed 43%.

The Standard Chartered supported issuance follows the Qatar National Bank’s $500m offering in November.

Read on to find out the winners of the Deal Awards - Asia Pacific.

Hong Kong’s financial secretary Paul Chan described the government's issuance of a third digital green bond as "reflecting the market support for tokenised products". The many times oversubscribed issuance had a large range of global investors.

The Asia-based travel experience platform revealed adjusted EBITDA profits for the first time in its public filing to the SEC.

The proposal values the group at $4.2bn and will involve delisting from the Singapore Exchange. Alibaba and Ant Group have agreed to buy 13 floors of Mandarin Oriental's new Hong Kong office building One Causeway Bay; the group is expanding in Seoul.

After a deluge of defaults, a new state-owned bank called United Islamic Bank is set to emerge out of the five banks, with the plan to privatise them over time.