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US dollar steadies amid muted reaction to Trump’s 30% tariff threat to EU and Mexico

BOJ finishes offloading bank stocks, bringing focus to ETFs

Bank of Japan is said likely to consider raising inflation forecast

Bank of Japan likely to consider raising inflation forecast: sources

China banks stoke controversy with loans to boost pensions

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OCBC keeps 2025 guidance, but loan growth targets could be buffeted by headwinds: CEO Helen Wong

US tariffs impacts around 3% of loan book

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Singapore banks set aside extra allowances to account for heightened uncertainty

Nevertheless, they note that their respective asset qualities remain sound

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DBS, OCBC, UOB set aside extra allowances to account for heightened uncertainty

Nevertheless, they note that their respective asset qualities remain sound

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First-order impact of trade tariffs affect about 3% of OCBC’s loan book; portfolio remains ‘resilient’

The bank’s customer loans stand at S$322 billion as at Mar 31, 2025, up 7% from S$301 billion a year ago

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Direct impact of trade tariffs affects about 3% of OCBC’s loan book; portfolio remains ‘resilient’

The bank’s customer loans stand at S$322 billion as at Mar 31, 2025, up 7% from S$301 billion a year ago

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SEC seeks to settle legal fight with Ripple Labs for US$50 million

The SEC has dismissed or paused several other legal cases and investigations targeting crypto companies since US President Donald Trump took office...

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Bain Capital to sell China data centre business likely valued at over US$4 billion: sources

The sale also comes as data centre valuations have soared in the last few years, driven by rapid developments of artificial intelligence

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OCBC Q1 profit falls 5% to S$1.88 billion; beats expectations

This beats the S$1.86 billion consensus forecast in a Bloomberg survey

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Asian banks see big boost to wealth business as currencies rally

A sharp rally in Asian currencies is set to boost demand for wealth and forex products as clients seek...

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Bank of England cuts rates to 4.25% as it sees tariff hit to growth

The decision by the British central bank is its first since Trump announced wide-ranging tariffs

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