Banking & Fintech.
The money industry across Asia — bank results, digital lenders, payments and the technology moving between them.
HSBC Resumes US$1 Billion Share Buyback After 27% H1 2026 Profit Climb
HSBC announced a US$1 billion share buyback, following a 27% rise in first-half 2026 profits. This move demonstrates confidence in its ongoing strategic restructuring, focusing on core markets and operational streamlining.
HSBC H1 2026 Pre-Tax Profit Rises 23% as Asia Operations Drive NII
HSBC reported a 23% increase in first-half 2026 pre-tax profit, reaching US$19.5 billion. Higher net interest income and wealth fees drove the gains. The bank also raised its full-year net interest income outlook.
TNG Digital Revenue Shifts Beyond Payments, Malaysian E-Wallet Diversifies
Malaysia's largest e-wallet, TNG Digital, now generates over half its revenue from non-payment services. This strategic pivot, according to CEO Alan Ni, redefines the company's business model beyond traditional transactions.
Grab's Q2 2026 Profit Jumps 620% to US$252 Million, Full-Year Guidance Lifted
Singapore-based Grab reported a Q2 2026 profit of US$252 million, a 620 per cent increase from the prior year. Revenue also grew 22 per cent to US$997 million. The superapp platform raised its full-year revenue and adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) forecasts, citing strong user engagement and segment performance.