Business
Dasin Retail Trust’s China unit could face legal action if it fails to pay back offshore loans
Dasin Retail Trust announced on Monday (Aug 4) that its China subsidiary Zhongshan Yuanxin Commercial Property Management could face a…
Tag
Loans
Business
UOB awarded S$17.7m in civil suit against Lippo Marina Collection over inflated housing loans
UOB has been awarded S$17.7 million in claims against Indonesian developer Lippo Marina Collection (LMC) and two property agents, Goh Buck…
News
Will the new tax break for car loans boost sales? What to know
Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s new tax-cut…
Business
China banks stoke controversy with loans to boost pensions
Rural banks in China have created a public stir by targeting low-income earners and the elderly with loan products designed to plug their…
News
There’s a new tax deduction for car loans in Trump’s Big Beautiful Bill. Here’s who’s eligible—and what’s the catch
While the “No Tax on Tips” provision in President Donald Trump’s One Big Beautiful Bill Act has been making headlines for its tax…
Business
3% mortgage rates aren’t dead—housing market sees 127% increase in buyers taking over old loans
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClubnewsletter. Some homebuyers are…
Business
Indonesia’s sovereign wealth funds Danantara loans US$405 million to flag carrier Garuda
Garuda will receive about US$111 million of the funding, with the remainder going to Citilink for maintenance of about 15 grounded jets…
Business
Indonesia’s sovereign wealth fund Danantara loans US$405 million to flag carrier Garuda
Garuda will receive about US$111 million of the funding, with the remainder going to Citilink for maintenance of about 15 grounded jets…
Business
Deutsche Bank plans SRT deal tied to US$3 billion corporate loans
Deutsche Bank is selling a significant risk transfer (SRT) linked to a portfolio of US$3 billion in corporate loans, according to people…
Business
Thai banks' bad loans rise to 2.9% in Q1
Thai banks’ non-performing loans rose to 2.90 per cent of outstanding loans at the end of March from 2.78 per cent at the end of December,…
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
Hong Leong Finance sees over 300% growth in EV loans
Hong Leong Finance (HLF) announced that it has seen a more than 300 per cent increase in electric vehicle (EV) loans, from S$73 million in…
News
Feds left billions in tainted pandemic loans in the hands of potential fraudsters
The Small Business Administration forgave $4.6 billion in pandemic loans to people on its naughty list, the agency's inspector general…
Business
Risks of bad loans, slowdown in region spark cuts in banks’ target prices; DBS downgraded to ‘sell’, OCBC, UOB get ‘hold’ rating
Analysts have downgraded their outlook on Singapore banks amid concerns of weaker loan growth and higher credit costs, as Trump’s tariffs…
Business
Hong Kong caps IPO margin loans amid heated retail demand
The move is a response to a recent IPO market frenzy that triggered first-day share price pops and concerns about retail investors getting…
Business
Small Business Loans: The New Rules
Getting a small business loan can feel overwhelming with all the rules and requirements out there. But understanding what lenders want and…
Business
Tourism bounce helps Thai banks trim bad loans from three-year high
NON-performing loans at Thailand’s commercial banks dropped from a three-year high as a post-pandemic tourism recovery boosted debt…
News
Chancellor Rachel Reeves' intervention in car loans case rejected
Vishala Sri-Pathma and Mitchell Labiak Business reporters, BBC News Chancellor Rachel Reeves' attempt to intervene in a landmark case over…
News
How student loans could change under Donald Trump
President Donald Trump has inherited a federal student loan system that looks considerably different from the one in place when he left…
Business
GuocoLand bags S$1.2 billion in green loans
One of the two facilities is the group’s largest to date, and will be used to refinance its latest integrated mixed development GuocoLand…
Business
Asia-Pacific loans set to recover in 2025 from three-year drop
ASIA-PACIFIC loan volume outside Japan is gearing up for a rebound in 2025 driven by merger and acquisition activity and favourable rates…
Business
Average rate for 30-year mortgage reaches 6-month high
The average rate for a 30-year mortgage in the United States reached a six-month high this week and also leapfrogged the rate during the…
Business
Cromwell E-Reit manager to refinance office loans early with higher all-in interest rate facility
This is to facilitate the divestment of its stake in the Reit and European fund management platform THE manager of Cromwell European Real…
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…