Business
Indonesian markets face sell-off after finance minister’s exit
The rupiah has already weakened more than 1% against the US dollar this year, the worst-performing currency in Asia after the Indian rupee…
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Finance
Business
Indonesian currency, stocks fall after finance minister’s exit
The rupiah has already weakened more than 1% against the US dollar this year, the worst-performing currency in Asia after the Indian rupee…
News
Finance, Defense ministries to establish c'mtee to expand resources for wounded IDF soldiers
A new public committee, led by senior medical experts, will oversee an expanded national response for wounded IDF soldiers, with a focus…
Business
Finance industry bodies call for changes to crypto rules for banks
A group of finance industry bodies is calling for a rethink on looming regulatory standards that they say will make it difficult for banks…
Business
Prime US Reit H1 DPU falls by 33.3% to US$0.0012 on the back of higher finance expenses, asset divestment
Prime US Real Estate Investment Trust (Reit) on Tuesday (Aug 12) posted a 33.3 per cent decline in its distribution per unit (DPU) for the…
Business
Prime US Reit H1 DPU falls by 33.3% to US$0.0012 due to higher finance expenses, asset divestment
Prime US Real Estate Investment Trust (Reit) on Tuesday (Aug 12) posted a 33.3 per cent decline in its distribution per unit (DPU) for the…
Business
Citigroup hires Goldman, Millennium alum for Asia prime finance
Citigroup hired Goldman Sachs and Millennium Management alumnus Jignesh Patel as Asia-Pacific prime finance head, as it seeks to expand…
Business
Hong Leong Finance H1 net profit down 38.7% to S$32.2 million on compressed net interest margins
Hong Leong Finance posted a 38.7 per cent year-on-year fall in net profit to S$32.2 million for the six months ended Jun 30, 2025. This…
Business
Sing Investments & Finance H1 net profit up 35% at S$21.7 million
Mainboard-listed Sing Investments & Finance (SingFinance) on Tuesday (Aug 5) posted net profit of S$21.7 million for its first half ended…
Business
UK’s FCA proposes £9 billion to £18 billion redress scheme for motor finance claims
Britain’s Financial Conduct Authority (FCA) on Sunday proposed a redress scheme for consumers with motor finance compensation claims…
Unsorted
Japan alarmed over recent FX moves, its finance minister says
Japan’s Finance Minister Katsunobu Kato said on Friday that its authorities have been alarmed over recent foreign exchange moves, after…
Business
US consumer finance watchdog says it will replace Biden-era ‘open banking’ regulations
A federal judge on Tuesday paused a lawsuit against the US Consumer Financial Protection Bureau that had sought to strike down “open…
Business
GIC-backed South Korean finance app Toss plans 2026 US listing with over US$10 billion valuation: sources
Toss, a popular South Korean app that provides banking and a host of other financial services, aims to list in the US in the second…
Business
G20 finance chiefs back central bank independence in first communique since October
[DURBAN, South Africa] Finance chiefs from the Group of 20 countries stressed the importance of central bank independence while pledging…
Business
Guinness-owner Diageo CEO step downs after tough two years, finance chief to lead in interim
Diageo CEO Debra Crew has stepped down after just two years in the job, the world’s biggest spirits maker said on Wednesday (Jul 16), with…
Business
MAS, PBOC to deepen collaboration in green and transition finance
The central banks of Singapore and China reaffirmed their commitment to push on with their cooperation in green and transition finance. At…
Business
MAS, PBOC to deepen cooperation in green and transition finance
The central banks of Singapore and China reaffirmed their commitment to push on with their cooperation in green and transition finance. At…
Business
Singapore’s future bankers vie for coveted spots at university finance clubs
At Singapore’s universities, undergraduates are fighting for the golden ticket they believe will get them a coveted banking job years…
Business
Finance ministry says SRS withdrawal process ‘can be improved’, will work with banks on this
The government will work with Supplementary Retirement Scheme (SRS) bank operators to smoothen account holders’ process of withdrawing…
Business
Standard Chartered cuts jobs in Singapore; moves them to India: Finance jobs portal
Dozens of staff at Standard Chartered have reportedly been laid off in Singapore in a fresh round of job cuts by the London-based bank.…
Business
New Zealand finance minister would like RBNZ to return to eight meetings a year
New Zealand’s Finance Minister Nicola Willis said on Tuesday that she would like New Zealand’s central bank monetary policy committee to…
Business
Overcoming challenges in sustainable finance
Helge Muenkel, chief sustainability officer, DBS Victor Wong, head of sustainability office, UOB Asset Management Mike Ng, group chief…
Business
OCBC partners Ant International to offer embedded finance to Indonesia SMEs
OCBC has partnered digital payment, digitisation and financial technology provider Ant International to provide embedded financial…
Business
DeepSeek's R1 Upgrade Nears Top-Tier LLMs
DeepSeek today rolled out DeepSeek-R1-0528, an upgraded version of its R1 large language model that it says now rivals OpenAI's O3 and…