Interest
BOJ’s growing confidence in prices, wages point to end of negative interest rates
THE Bank of Japan’s (BOJ) governor and one of its board members said on Thursday (Mar 7) the economy was moving towards the central bank’s 2 per cent inflation...
Over 75% of S-Reits log DPU declines in H2; expected interest rate cuts may offer reprieve
HIGHER interest costs continued to weigh on distributions for locally listed real estate investment trusts (S-Reits) in the second half of 2023. More than three-quarters of the trusts that...
World Bank says Thai interest rates appropriate, neutral
THAILAND’S interest rate levels are appropriate for the current situation and are neutral, the World Bank said on Wednesday (Mar 6) at an event in Bangkok. The South-east Asian...
Australia’s ANZ sells 16.5% interest in Malaysia’s AmBank
AUSTRALIA’S fourth-biggest bank ANZ Group said on Wednesday (Mar 6) it has agreed to sell a 16.5 per cent stake in Malaysian lender AMMB Holdings for RM3.85 (S$1.09) apiece...
Australia’s ANZ sells 16.5% interest in Malaysian lender AmBank for RM2.1 billion
AUSTRALIA’S fourth-biggest bank ANZ Group said on Wednesday (Mar 6) it had agreed to sell around 546 million shares, or 16.5 per cent interest, in Malaysian lender AMMB Holdings...
Canada’s RBC beats profit estimates boosted by higher interest income
CANADA’S No 1 lender Royal Bank of Canada on Wednesday (Feb 28) beat analysts’ estimates for quarterly profit as higher interest rates helped the bank earn more on its...
UOB Kay Hian H2 profit up 92.2% as interest income jumps 28.7%
BROKERAGE firm UOB Kay Hian on Wednesday (Feb 28) reported a 92.2 per cent growth to its earnings for the second half ended Dec 31, 2023 on a lift...
Tikehau and UOB Kay Hian partnering on private credit as interest continues to grow
ALTERNATIVE asset manager Tikehau Capital and brokerage UOB Kay Hian (UOBKH) have joined forces to launch a private credit fund, becoming the latest in a growing list of companies...
