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Singapore Latest News, Singapore Headlines
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CIMB Bank Singapore U-turns on mortgage floor rate hike after customer uproarCIMB Bank Singapore is backtracking on its intended mortgage floor rate hike, following pushback from incensed customers who have banded together to challenge the bank’s earlier decision. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Record bank deposits in Singapore seen signalling risk aversionSINGAPORE (BLOOMBERG) - A jump in Singapore bank deposits probably reflects investors' risk aversion and inflows from markets including Hong Kong given the country's status as a private banking hub, according to Bloomberg Intelligence.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
China's central bank to buy bank loans to spur lending to small firms by $197 billionBEIJING (REUTERS) - China's central bank will start buying bank loans made by local lenders to small firms this week to try to prod banks to lend as much as 1 trillion yuan (S$197.4 billion) to small businesses amid the coronavirus pandemic.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Bank of America pledges US$1b to address racial, economic inequalityBank of America Corp said on Tuesday it is making a US$1 billion, four-year commitment to help communities address economic and racial inequality ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Bank of America pledges US$1 bln to address racial, economic inequalityBank of America Corp said on Tuesday it is making a US$1 billion, four-year commitment to help communities address economic and racial inequality ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
South Korea economy to shrink faster in Q2: Central bankSEOUL (AFP) - South Korea's economic contraction will worsen in the current quarter, the central bank forecast on Tuesday (June 2), as the coronavirus outbreak hits consumer demand and economic activity even harder.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »