Business
OCBC remains bullish on investment outlook despite US credit downgrade by Moody’s
Local bank OCBC remains positive about the investment outlook for the next one year, despite Moody’s downgrade of the United States’…
Tag
credit
News
What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More
The Federal Reserve is expected to keep its key rate steady on Wednesday, after a series of cuts that lowered rates by a full percentage…
Business
Credit Suisse Pays $510 Million Fine for Helping Clients Evade Taxes
The toll for misconduct at the fallen Swiss bank Credit Suisse just keeps getting bigger. Federal prosecutors said on Monday that UBS,…
Culture
Business Credit Scores: The Numbers Game
When it comes to running a business, understanding your credit score is key. Just like personal credit scores, business credit scores can…
Celebrity
Jon Bernthal Says He ‘Made’ Tom Holland’s Audition Tape for ‘Captain America: Civil War,’ Takes ‘a Little’ Credit For Him Becoming Spider-Man
Tom Holland has Jon Bernthal to thank for helping him land the role of Spider-Man. During a recent interview on “Jimmy Kimmel Live!,”…
Business
Blackstone's Q1 profit beats on robust private equity, credit performance
Blackstone reported a higher-than-expected profit for the first quarter on Thursday (Apr 17), driven by proceeds from asset sales across…
Business
Industry players see room for private credit market to grow in South-east Asia
Private credit funds, where investors pool their capital to enable the fund manager to provide loans to companies, are seeing greater…
Business
China credit expansion beats forecast on bond sale deluge
China’s credit expanded more than expected in March as the government accelerated bond offerings to help the economy offset the impact of…
Business
Credit gauges in Asia show most concern since early pandemic
Credit-default swaps in Asia blew out the most since the worsening of the Covid-19 pandemic in 2020, as a rout in risk assets deepened…
Business
Business Credit Cards: The Good, Bad and Ugly
Business credit cards can be a powerful tool for entrepreneurs, but they come with their own set of pros and cons. Understanding the…
Business
BlackRock’s head of Asia-Pacific private credit Celia Yan to leave firm
Her team has deployed over US$200 million in 2024, over US$1.8 billion historically and been able to generate a 16 per cent gross internal…
Business
StanChart boosts private credit presence with new hires in India
The bank has also appointed Ankit Dokania as director for the same team, and S Siddharth as executive director for private and traded…
News
Asia credit market heats up as issuers rush to beat tariff wave
Trump is planning a series of so-called reciprocal tariffs, hitting countries that impose their own levies on US goods The countdown to US…
Business
Credit Card Processing: Small Business Traps to Avoid
Running a small business is tough, and dealing with credit card processing can make it even tougher. Many small business owners find…
Business
Man offers to split winnings after thieves win jackpot with his credit card
A Frenchman has appealed to two thieves who used his stolen credit card to purchase a jackpot-winning scratch card to come forward,…
Business
Japan’s historic rate shift is turbo-charging the credit market
JAPAN’S corporate bond market is booming, as an economic rebound and plans to get ahead of higher interest rates encourage a flurry of…
Business
Business Credit: Build It Before You Need It
Building business credit is like laying the groundwork for future success. It’s not just about getting a loan when you’re in a pinch. A…
Business
Over 500 investors, including 300 Singaporeans, kick off claim against Switzerland over Credit Suisse bond losses of over US$250 million
Drew & Napier is leading action by investors who saw their investments wiped out when CS AT1 bonds were written down as part of takeover…
Business
Credit Agricole reports 27% Q4 profit jump, aided by Amundi and trading
CREDIT Agricole, France’s second-biggest listed bank, blew past quarterly earnings forecasts on Wednesday (Feb 5) with a 27 per cent jump…
Business
UBS has cut 10,000 jobs since Credit Suisse takeover in 2023
UBS Group has cut more than 10,000 roles since it bought Credit Suisse, marking a milestone in the lender’s efforts to integrate its…
Business
Singtel’s Optus secures A$1.95 billion in credit facility with 12 banks
SINGTEL’S Australian subsidiary, Optus, has inked a A$1.95 billion (S$1.64 billion) committed revolving credit facility with 12 banks to…
News
Opinion: Biden delivered a new 'Roaring '20s.' Watch Trump try to take the credit.
Poor Donald Trump. Twice elected president only to have to clean up the economic messes left to him by Democrats. In 2016, he groused…
Business
Credit Suisse’s Ray Farris named Prudential’s first chief economist
CREDIT Suisse veteran Ray Farris has been appointed chief economist of Prudential’s asset management arm, Eastspring Investments, to drive…
Culture
Credit Cards: Beginner to Expert
Hey there! So you’ve heard about Money Digest Credit Cards and are curious, right? Well, you’re in the right place. Whether you’re just…