The move marks the first time a major state-owned lender has been explicitly called out for tax evasion in recent years
The country is getting an unexpected boost that puts pressure on policymakers to tighten policy
A hawkish Fed could be good news for DBS, OCBC and UOB, even as benefits may not be equal across the sector
Kelvin Goh and Alfons Halim will jointly lead this area in a region the bank views as strategically important
Kelvin Goh and Alfons Halim will jointly lead this area in a region the bank views as strategically important
With the move, the lender becomes the sole commercial bank supporting two pillars of Fast-P
The timing and pace of those adjustments will depend on the impact of the war in Iran, among other factors
Tokyo resumed massive intervention in late April when the currency slid past 160 per dollar
The financing was structured through convertible dividend preference shares, that pay dividends with the option to convert to equity
The central bank also flags rising credit risks among vulnerable borrowers and businesses








