World
Battling the Sea on the Outer Banks
Daniel Pullen offers beautifully composed and striking images of the destruction that climate change has brought to his lifelong home.…
Tag
Banks
Culture
Banks and landlords are pounding on the door. Can mm2 Asia survive the siege?
It has been a difficult year for the group, whose Cathay Cineplexes unit is already in voluntary liquidation Mired in debt and facing…
Culture
Chinese banks edge out global rivals in financing Boyu Capital’s Starbucks China deal: sources
Ping An Bank, Industrial Bank, and China Minsheng Banking are set to arrange a seven-year syndicated loan of about US$1.4 billion Chinese…
Culture
US: Wall Street tumbles after big banks flag pullback risk
Wall Street’s main indexes tumbled on Tuesday (Nov 4) as investors questioned lofty tech valuations after the CEOs of top Wall Street…
Blog
Gov. Moore pledges $10 million for Maryland's food banks amid state of emergency
Maryland Gov. Wes Moore declared a state of emergency on Day 30 of the government shutdown as federal food aid benefits face a funding…
Culture
China’s largest banks report steady profits, but margins shrink
[BEIJING/SHANGHAI] Four of China’s largest five state-owned banks reported steady profits on Thursday (Oct 30), but their margins came…
Culture
Deutsche Bank’s DWS joins rivals in setting up Abu Dhabi office
It aims to be the preferred asset manager for institutional investors ploughing money into Europe, including Germany Deutsche Bank’s…
Culture
Banks not told of power plant when they gave in-principle loan commitment to Tuaspring project: witness
Consortium sends18 questions to company upon finding out about the higher-risk power plant The consortium of banks which considered…
Culture
Banks not told of power plant when they gave in-principle loan commitment to Hyflux’s Tuaspring project: witness
Consortium sends 18 questions to company upon finding out about the higher-risk power plant The consortium of banks which considered…
Culture
Abu Dhabi banks lay groundwork for potential risk transfer deals
The global SRT market is set to expand 11% annually on average in the next two years Two of Abu Dhabi’s biggest commercial banks are…
Blog
Senate bill would increase $10,000 thresholds for financial transactions banks must report to feds
Senate Republicans have introduced legislation to increase the reporting thresholds for currency transaction reports and suspicious…
Blog
California National Guard to support food banks due to expected food assistance delays
California Gov. Gavin Newsom said Wednesday he will deploy National Guard troops to support food banks in November, a move that comes in…
Culture
Indonesia considers further liquidity injection for state banks
Finance minister says government still assessing impact of 200 trillion rupiah liquidity boost for state banks Indonesia is considering…
Culture
China’s state banks ramp up US dollar buying to stabilise renminbi: sources
The combined actions of the lenders mark a reversal from last year’s efforts to defend the weakening renminbi [SHANGHAI/BEIJING] China’s…
Culture
Stablecoins could suck US$1 trillion from emerging-market banks in next three years: Standard Chartered
The boom in US dollar-backed stablecoins, helped by President Donald Trump’s crypto policies, could suck US$1 trillion worth of deposits…
Culture
Europe: Shares mark best week since April on boost from banks, healthcare
EUROPEAN shares logged their best weekly showing in five months on Friday with healthcare and miners leading advances on the day as rising…
Culture
Singapore banks to enforce 24-hour cooling period for digital transactions exceeding 50% of account balance
This is for current and savings accounts, including joint ones, with balances of at least S$50,000 In a move to fortify protections…
Culture
As Fed and regional rates fall, Asia’s banks remain attractive yield plays: analysts
Loan growth and risk levels will impact capital availability for dividends in Asean Even as the US Federal Reserve and central banks…
Business
Central Bank’s New Brazilian Forex Rules Could Impact Crypto Exchanges
Brazil’s central bank (BCB) has proposed new rules for the forex sector that may place further restrictions on the country’s crypto…
Culture
HSBC’s Roberts says the bank’s future in Asia, Middle East
The future of HSBC Holdings is in Asia and the Middle East because of the amount of wealth and the capital flows between the two regions,…
Culture
Toll Group banks on India’s logistics growth amid rise of ‘quick commerce’
While Singapore is its top Asia market, India is the ‘most exciting’, says executive chairman Thomas Knudsen Toll Group expects its Indian…
Culture
South Korea eases equity rules for banks to spur high-tech investment
In a move to broaden financing channels for smaller companies, Seoul will introduce security token offerings South Korea rolled out…
Culture
China banks amped up 72 trillion yuan bond bet just as market peaked
It comes at a risky time as the nation’s bond market is about to wipe out this year’s advance Just as China’s long bull run for bonds is…
Culture
Tencent appoints banks for first bond sale in four years
The company is proposing to sell offshore-yuan denominated notes with five-year, 10-year and 30-year tenors as early as Tuesday Chinese…