UNITED Overseas Bank (UOB) announced on Wednesday that it is buying more shares in troubled Chinese mid-sized lender Hengfeng Bank Co, with a subscription of 1.86 billion shares for a sum of 1.86 billion yuan (S$360.4 million).
OCBC Bank has topped two 2019 sustainable finance league tables for the Asia-Pacific region, excluding Japan, the lender said in a media statement on Wednesday.
PRIVATE equity and venture investors in South-east Asia are betting on something new - sustainability. Bain research shows a significant increase in capital flowing to companies that contribute to environmental and social progress.
ALLIANZ Real Estate has appointed Danny Phuan, in a newly created role, as Asia-Pacific (APAC) head of acquisitions, to strengthen its presence and acquisition capabilities in the region, the company said on Tuesday.
HOUSEHOLDS in Japan have accumulated a whopping 1,830 trillion yen (S$22.6 trillion) in assets as at end-2018, of which 984 trillion yen, or over half, is held as bank deposits and cash.
UNITED Overseas Bank (UOB), DBS Bank and Standard Chartered Bank (Singapore) have teamed up to extend a S$945 million green loan to Allianz Real Estate and Hong Kong private equity firm Gaw Capital Partners.
WITH around 15 per cent of the global bond market negative yielding, strategists on the hunt for yield have set their sights on capturing Asia's improving economic momentum in 2020.
DESPITE subdued global currency markets, trading activity in foreign exchange (FX) futures on the Singapore Exchange (SGX) grew to US$110 billion in November, up 12.5 per cent month-on-month and 9 per cent year-on-year.
AS EXPECTED, sterling rallied strongly against the Singapore dollar as it did with the greenback following the huge Conservative victory in the UK general election on Thursday.
