China Puts Money Behind Singapore Model in Major Housing Shift
China plans to take a page from Singapore’s social housing model to help end a multi-year property slump
2023-11-17 09:17
FDIC Scuttles Meeting on Bank Fees as Pressure Mounts on Chair
A Federal Deposit Insurance Corp. meeting on Thursday to vote on how to refill the deposit insurance fund
2023-11-17 06:58
Citi to Team Up With Indian Bank to Support Female Entrepreneurs, CEO Fraser Says
Citigroup Inc. plans to unveil a partnership with a bank in India to fund female small-business owners in
2023-11-17 02:23
Fed Latest: Barr Issues Warning on Hedge Funds’ Basis Trades
The Federal Reserve’s top banking regulator on Thursday joined a chorus of US officials expressing concern about highly
2023-11-17 00:24
Disco Bonds Surge on Surprise Bank Move to Redeem Them
A group of bonds issued almost 40 years ago by Norwegian lender DNB Bank ASA are surging in
2023-11-16 19:58
Investec Pays Record Dividend as Interest Rates Boost Income
Investec Plc will pay its highest interim dividend yet after booking double-digit growth in income from lending during
2023-11-16 17:59
Emerging Asia Bonds Lose Out in Global Rally on Peak Fed Bets
Bonds from emerging Asian nations are set to lag global peers despite a rally in Treasuries. That’s because
2023-11-16 13:59
CBA to Sell Stake in Indonesian Unit to Singapore’s OCBC
Commonwealth Bank of Australia agreed to sell its 99% stake in its Indonesian banking unit to Oversea-Chinese Banking
2023-11-16 11:23
Huarong Sends $1.7 Billion Back to Citic After Unloading Assets
China Huarong Asset Management Co. returned almost $2 billion back to Citic Group after the financial conglomerate led
2023-11-16 10:51
Shares in Asia Mixed as US Stocks Climb, Bonds Dip: Markets Wrap
Equity futures in Asia were mixed following further gains for US stocks, while Treasuries pulled back as investors
2023-11-16 07:23
Mexico Fintech Battle Escalates With Account Yield Ramp-Up
Just a week after Brazil’s Nu Holdings Ltd announced a yield of 15% on its high-yield savings accounts
2023-11-16 07:19
Philippines Is Set for Rate Pause After Last Month’s Off-Cycle Hike
The Philippine central bank will likely keep its benchmark interest rate unchanged after an out-of-cycle increase three weeks
2023-11-16 05:28