News
Prosecutors link rapper Lil Durk to second killing as judge orders him jailed in L.A. case
Federal prosecutors said Thursday that rapper Lil Durk, who is accused of commissioning a murder two years ago in Los Angeles, may be…
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Banks
Business
China regulators tell banks to expedite offshore company listings: sources
REGULATORS in mainland China and Hong Kong have told some of the world’s biggest investment banks to help speed up Chinese companies’…
Business
India central bank holds rates steady; cuts banks’ cash reserve ratio
THE Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday (Dec 6) but cut the cash reserve ratio (CRR) that banks are…
Business
Wall Street banks predict biggest China rate cuts in a decade
CHINA’S central bank will deliver the biggest interest-rate cuts in a decade next year as policymakers intensify efforts to shore up…
Business
Britain’s jobs statistics crisis gives banks a growing headache
Britain’s banks may be putting extra money aside to cover bad loans due to confusion around the country’s faulty labour market data.…
Business
Japanese banks sticking with Adani as Jefferies, Barclays review ties
JAPAN’S biggest banks plan to maintain ties to billionaire Gautam Adani despite US bribery charges, even as other global firms including…
Business
Indian banks review Adani exposure in wake of US bribery allegations
INDIAN banks are reviewing their Adani exposure and whether they need to tighten due diligence, eight bankers said on Thursday (Nov 28),…
Business
Australia shares hit record high again on boost from banks
Australian shares hit a record high on Thursday (Nov 28), helped by a sustained rally in the heavyweight banking stocks, despite concerns…
Business
Singapore banks, insurers in ‘good position’ to withstand severe macrofinancial shock: MAS
Most investment funds also have enough liquidity to meet redemption shocks, its liquidity stress-simulation tests have found SINGAPORE’S…
Business
Thai banks’ bad loans highest in nearly 3 years, but manageable: central bank
THAI banks’ non-performing loans (NPLs) rose to 2.97 per cent of outstanding loans at the end of September, the highest level in nearly…
News
Global banks weigh halting fresh credit to India's Adani after US indictment
Some global banks are considering temporarily halting fresh credit to India’s Adani Group but staying put with existing loans following US…
Business
Eurozone banks are vulnerable to US funding squeeze: ECB
The growing dependence on US dollars and the stronger link between banks and non-banks pose risks to the eurozone’s financial system…
Fashion
Chanel Maya Banks: Family of Missing 'Gossip Girl' Actress Claim Woman Found Is Not Her but Imposter
The family of Chanel Maya Banks, the actress who reportedly went missing two weeks ago, have claimed that she has not been found, despite…
News
Gossip Girl Actress Chanel Maya Banks Found Safe After Mysteriously Disappearing for Two Weeks
Actress Chanel Maya Banks, known for her roles in Gossip Girl, Blue Bloods, and Twelve, has been found safe after vanishing from her Los…
Business
Singapore banks optimistic about earnings, capital returns amid yet another quarterly results beat
They also see upsides to net interest margins during a Trump 2.0 presidency, as expected inflationary policies may result in higher…
Business
Singapore banks lead STI rally; index closes up 1.4%
THE Straits Times Index (STI) continued to rally on Friday (Nov 8), hitting a 10-year high. It was up 1.4 per cent or 50.88 points at…
Business
Singapore banks lead STI rally to 17-year high; index up 1.4%
THE Straits Times Index (STI) continued to rally on Friday (Nov 8), hitting a 17-year high. It was up 1.4 per cent or 50.88 points at…
Business
Shareholders of Singapore banks can look forward to more returns amid strong Q3 results
SHAREHOLDERS of Singapore banks have more to gain ahead, as the local banking trio are looking to return capital due to their strong…
Business
Hot stocks: UOB adds S$4 billion to value as Singapore banks break share price ceilings
SHARES of UOB and OCBC leapt to levels never seen before, with both lenders surpassing street consensus estimates in their third-quarter…
Business
‘I would do it differently, if I were to do it again’: Outgoing DBS CEO on bank’s tech capabilities
OUTGOING DBS chief executive Piyush Gupta would have done things differently if he were given another chance to build the bank’s…
News
US banks to gain from looser capital, merger policies under Trump
THE banking industry is expected to win big as former President Donald Trump returns to the White House, ushering in Republican regulators…
Business
China tells banks to cut interbank deposit rates to boost growth
CHINESE regulators told the nation’s banks to lower rates they paid to deposits from other financial institutions to free up funds to…
Business
From banks to small-caps, Trump win sparks big rally in stocks
Donald Trump’s return as US president for the second time on Wednesday (Nov 6) boosted equity markets on bets of lower corporate tax,…
Business
Brookfield in talks with banks to refinance Shanghai towers
BROOKFIELD Asset Management is in talks with banks to refinance a loan that had backed its purchase of a Shanghai-based office tower…