FINANCE

FINANCE

Rupiah and bonds diverge as global funds shun Indonesia

Indonesia’s bond and currency markets, risk benchmarks that tend to move in tandem, are diverging in signs that the nation’s pandemic response is deterring global funds.

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How Singapore nurtured foreign trio who became billionaires

David Chen left his native China as a teenager to attend school in Singapore. Little did he know that his adopted city would help him reach the ranks of the ultra-rich.

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Are emerging markets facing a countdown to fiscal cliff?

The monetary and fiscal stimulus that saved emerging-market asset prices this year may have lined many countries up for a new phase of the Covid-19 crisis -- a fiscal mess from which there is no ea

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China wealth manager Hywin plans to expand into Singapore

Hywin Wealth Management Co. is weighing an expansion into Singapore to follow its Chinese clients and tap the surge of wealthy individuals in Southeast Asia.

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Covid fears are pushing the world’s mega rich to set up in Singapore

The world’s rich, reminded of their own mortality, are setting up family offices in greater numbers and plumping for Singapore as a base, according to Monetary Authority of Singapore Deputy Directo

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China's Ctrip in talks with investors to delist from Nasdaq - sources

Chinese online travel giant Ctrip is in talks with potential investors about funding its delisting from Nasdaq because of rising US-China tensions and the coronavirus-driven hit to its business, so

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Markets maintain confidence in Indonesia's unorthodox direct financing scheme for now

Bank Indonesia’s unprecedented move to buy about $27 billion in bonds directly from the government may prove to be an exception rather than the norm in emerging markets.

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Georgian billionaire sues Credit Suisse trust in Singapore over rogue trader

Bidzina Ivanishvili, the biggest victim of a rogue trader at Credit Suisse Group AG, is suing one of the bank’s trusts in Singapore for at least US$300 million ($415 million), opening a fresh front

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UOB One cardholders to enjoy the highest rebates in Singapore when shopping at Dairy Farm Singapore Group stores

SINGAPORE (20 July): More than a million United Overseas Bank (UOB) One credit and debit card members can earn the highest rebates in Singapore when they use their UOB One Card for necess

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