Business
'Misleading' school talks compared student loans to £30 phone contracts
Graduates hired to deliver the presentations a decade ago were told to avoid using words like "debt". Source link
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Loans
News
Rachel Reeves defends 'fair and reasonable' student loans system
The chancellor's defence comes after Martin Lewis called her freeze on student loans "not a moral thing". Source link
Culture
Floating rates are back on the radar, but fixed mortgages still rule Singapore’s home loans
After several years of rate volatility, many borrowers are placing greater emphasis on certainty Interest in floating-rate home loans is…
Business
Vietnam Seeks US$5.5B in Foreign Loans to Accelerate Infrastructure Push in 2026
Vietnam plans to raise about US$5.5 billion in foreign loans in 2026 as it looks to fast-track major national infrastructure projects and…
Business
HSBC plans risk transfer linked to 2 billion euros of corporate loans
It enables the bank to boost its solvency ratios and reduce reliance on less shareholder-friendly options HSBC is gauging investor demand…
Business
Asia bankers fear US scrutiny of loans involving chips, China
The backlash against US capital flowing into an AI ecosystem linked to Chinese firms can be swift SOME bankers in Asia are starting to…
Business
Keppel Reit unit secures three bridge loans totalling S$892 million
The manager of Keppel Real Estate Investment Trust (Reit) said on Wednesday (Dec 24) that it has obtained three bridge loan facilities…
News
Student loans could resume for millions as Trump administration moves to end SAVE pause
Some bad news for Americans with student loans. The Trump administration’s Department of Education announced on Tuesday that millions of…
News
During the government shutdown and SNAP pause, a lot more people turned to strangers to ask for loans
For many Americans, 2025 has been tough economically. Tariffs have raised the price of goods (from coffee to clothing), inflation is still…
Business
China’s internet firms cautiously revive lending as Beijing pushes consumer loans
The more stable regulatory environment positions firms such as Ant, Meituan and ByteDance for faster growth and higher margins…
News
Shutdown halts billions in small business loans, government contracts, SBA administrator says
Smaller companies across America have lost access to capital because of the government shutdown and those with federal contracts have…
Business
Lloyds bank says profits shrink on bad car loans
Profit after tax dropped 14% to £2.9 billion in the first nine months of the year British lender Lloyds Banking Group on Thursday (Oct 23)…
News
Federal student loans are disappearing—but only for borrowers who did this one thing
After months of uncertainty, some federal student loan borrowers will soon have their debt canceled. But there’s a hook: You must be…
Business
Del Monte Pacific restates US$443 million loans to non-current status; auditor issues disclaimer on US$703 million entry
The company is suspended from trading in Philippines over late filing of annual report Del Monte Pacific (DMP) will not have to repay…
Business
Del Monte Pacific restates US$443 million loans to non-current status; requests PSE trading suspension to be lifted
The company is suspended from trading in the Philippines over late filing of annual report Del Monte Pacific (DMP) will not have to repay…
Business
OCBC aims to provide social loans to 10,000 women entrepreneurs by 2030, up from 2,000 now
The programme in Indonesia, Singapore, Hong Kong and Malaysia offers financing to women-led startups within their first two years of…
News
Why more car owners are ‘upside down’ on their loans
A growing number of car owners are finding themselves underwater on their auto loans, according to new data from the auto shopping website…
Business
Aoxin Q&M’s ex-CEO accused of taking 15 million yuan via improper loans, sham share deals
The audit committee has ‘reasonable evidence’ that four whistleblower reports received by the board are credible The audit committee of…
Business
Lululemon founder Chip Wilson pledges stock for US$500 million in loans
Lululemon Athletica founder Chip Wilson pledged shares in return for cash for the third time in just over a year, freeing the billionaire…
Business
More customer interest in floating-rate home loans amid Sora decline in Q2
The local banks have observed more customer interest in home loans on floating-rate packages, following a decline in the Singapore…
Business
ANZ reports third-quarter rise in deposits, loans
RALIA’S ANZ Group said on Friday its customer deposits and net loans and advances rose in the third quarter, while credit risk-weighted…
Business
CGSI downgrades UOB to ‘hold’ following softer loans growth expectation; near-term outlook ‘uncertain’
CGS International (CGSI) analysts Tay Wee Kuang and Lim Siew Khee on Friday (Aug 8) downgraded local bank UOB to a “hold” call from a…
Business
‘We are a big tanker; we are shifting’: UOB’s Wee Ee Cheong takes long-term view on trade loans
Trade loans remain a relatively small portion of UOB’s total portfolio, but their contribution to the bank’s balance sheet is expected to…
News
5 Expert tips to help you take control of your buy now, pay later loans
Between rising prices and dwindling job growth, using “buy now, pay later” on everything from concert tickets to fast food deliveries is…