Banks in Singapore will soon be required to keep certain amounts of easy-to-sell assets on hand in the country to support themselves in times of stress.
I REIT Global Management, backed by office buildings in Germany, is preparing an initial public offering in Singapore that may raise about $300 million, people with knowledge of the matter said.
The campaign of Indonesia’s presidential frontrunner, former businessman Joko Widodo, is adopting a protectionist tint as the race against his lone rival tightens with weeks to go before the election.
The last time Asian syndicated loans were this big, Bill Clinton was U.S. President and the iPod hadn’t been invented.
State Bank of India Chairman Arundhati Bhattacharya’s efforts to control bad loans have helped restore the company as the most-valuable Asian lender outside Japan and China.
Thailand’s political turmoil is wreaking greater damage on the economy than analysts had estimated, raising the stakes for leaders of the nation’s two main political camps to reach an accommodation.
The Philippine peso completed a weekly decline on concern the slowest economic growth since 2011 will delay credit-rating upgrades.
Yuan forwards fell to the lowest level in three weeks after China’s central bank cut the onshore currency’s reference rate to the weakest since September.
China stock strategists are losing faith in the Beijing Put.
Thailand’s interest-rate swaps are signaling a cut in central bank borrowing costs to avert a recession after the army took over in a military coup.
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