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ANTICIPATING a sluggish global environment ahead, Malayan Banking (Maybank) more than doubled its expected credit loss for loans and securities to RM1.16 billion (S$360 million) in the second quarter of this year, from RM567.2 million in the year-ago period.

THE US$2.9 billion loan facility which Olam Agri has taken out to refinance its existing loans, among other uses, involves 16 lenders that united over what are known as Poseidon Principles. 

WHEN an entrepreneur surnamed You set out to build a sales team in Shanghai in December 2020, she thought she had hired a team full of potential to sell her firm’s fund products.

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Interest in setting up family offices in Singapore has soared in recent years, driven by increasing global uncertainty and geopolitical risks, as well as the country’s reputation as a safe haven for wealth and attractive tax incentives. The number of family offices here jumped fivefold between 2017 and...

Pictet Wealth Management recently released the 2022 edition of Horizon, our 10-year view on economies, expected returns of 53 asset classes and strategic asset allocation.

Millionaires and wealthy Asian families have long been a key philanthropic force behind giving back to local communities. With the largest wealth transfer expected to take place in the coming decade, the dynamics are shifting while the goal remains unchanged – to create a support network for segments...

In crypto, you hardly find anyone sitting on the fence. Most are either bulls or bears. But like all things in life, very little is purely in black and white.

In 1492, when Christopher Columbus set sail for India, most people believed that the world was flat. While Columbus never did find India as he sailed west, he famously exclaimed: “The world is round!”

The situation may look like a paradox at first glance.