The People's Bank of China lowered the seven-day reverse repurchase rate by 10 basis points to 1.9% on Tuesday, the first reduction in the ...

SoftBank has this year executed the sale of about a third of its Alibaba stake through these contracts, a type of derivatives that allows t...

The bottom line loss was slimmer than its S$331 million operating loss due to a tax credit. Broker UOB Kay Hian had expected it to report a...

“Getting the MAS’ greenlight is a big deal for us,” said Rahul Banerjee, founder and CEO of BondEvalue. It will help to accelerate engageme...

“DBS’s decision offered a good opportunity to scale up,” Choo said.

The Singapore-headquartered bank, which is rated among the largest in Asia, will also focus on funding renewable energy projects.

The appointment comes about three months after Ajay Hattangdi and Vinod Murali put in their papers in June, and set up their own venture de...

The appointment will be effective immediately, even as the board continues the search process for a permanent CEO, which it hopes to comple...

The duo are currently on a gardening leave till July end and are expected to launch their own venture debt fund later this year.

SE Asian stocks edged up on Friday, in line with other markets in Asia after positive U.S. data, while investors awaited revised U.S. first...

UOB has entered into an agreement with Temasek to provide venture debt financing to start-ups, said Temasek in a statement.

United Overseas Bank said it will partner with Temasek Holdings to provide up to $500-mn in venture debt financing to start-ups in China, I...

London nickel slipped on Wednesday, losing steam after a rally of more than 15 per cent in three days, while London copper recovered toward...

Swiss bank Credit Suisse has received RBI's in-principle approval to offer banking services here.

Germany’s Commerzbank, which pulled out from India several years ago, appears set to relinquish yet another banking licence in India.

The RBI granted licences to 2 Singapore banks, DBS & UOB. In turn, the Monetary Authority of Singapore has approved a full bank licence to ...

Southeast Asian cement stocks are the cheapest bet on the region’s first building boom in a decade.