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DBS says Piyush Gupta led bank to be among the top-performing globally, as handover to Tan Su Shan nears

Effecting culture change was ‘arguably the most challenging but also the most game-changing’, he says

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Japan’s top currency diplomat calls for balance between economic efficiency, security

JAPAN’S top currency diplomat Atsushi Mimura on Thursday called for balance between economic efficiency and economic security amid increasing global protectionism, including...

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Japan’s 10-year bond yield reaches highest since June 2009

JAPAN’S 10-year government bond yield reaches its highest since June 2009 at 1.5 per cent as German bunds suffered their worst sell-off...

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Ares, Indonesia wealth fund partner for investment opportunities

The Indonesia Investment Authority and a subsidiary of Ares have entered into an agreement to invest in Indonesia via hybrid capital and...

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Smaller family offices may face ‘onerous’ challenges due to proposed tweaks to GIP: observers

Singapore’s small market could present diversification challenges, they note

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Wall Street banks say markets are flashing signs of rising US recession risk

FINANCIAL markets are signalling that the risk of a recession is growing as tariff-related uncertainty and indicators of economic weakness spread fear...

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Euro rallies as Germany’s historic debt overhaul boosts growth outlook

The euro extended its rally on Wednesday (Mar 5) and hovered near four-month highs as Germany’s proposed 500 billion euro (S$714.8 billion)...

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Goldman wins rare solo role on CK Hutchison’s blockbuster US$19 billion port deal

ONE of the biggest deals in years has a clear winner on Wall Street: Goldman Sachs Group.

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Bank of Japan’s deputy chief hints at more rate hikes, without rushing

Uchida’s remarks come as BOJ watchers are looking for any hints that the next upward move could come earlier than the consensus...

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China plans to issue 500 billion yuan in special bonds for big banks

China is beefing up the strength of its banking system after enacting a string of stimulus policies including cuts to mortgage rates...

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