SINGAPORE (THE BUSINESS TIMES) – Agri-business giant Olam International has secured US$5.2 billion (S$7 billion) worth of loans in part to support its business reorganisation…
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July bank lending up 12% in fastest growth on record: MAS data
SINGAPORE (THE BUSINESS TIMES) – Bank lending in Singapore posted the fastest monthly growth on record in July, lifted by unusually strong demand across several…
China June new bank loans, broad credit growth surge past expectations
BEIJING (Reuters) – China’s new bank loans rose more than expected in June from the previous month, while broad credit growth also picked up substantially,…
Japan's bank lending rise at slowest pace in 8 years as COVID-19 hit subsides
TOKYO (Reuters) – Japanese bank lending rose at its slowest annual pace in more than eight years in June as corporate fund demand to weather…
S'pore bank lending up 0.2% in May as business loans pick up, loans to consumers hold steady: MAS data
SINGAPORE (THE BUSINESS TIMES) – Bank lending in Singapore rose 0.2 per cent in May as business loans pick up and loans to consumers hold steady,…
Banks eased standards for business, household loans in first quarter, Fed survey shows
FILE PHOTO: An employee of the Korea Exchange Bank counts one hundred U.S. dollar notes during a photo opportunity at the bank’s headquarters in Seoul…
Biden administration offers $8.25 billion in loans for power grid
FILE PHOTO: Overhead power lines are seen during record-breaking temperatures in Houston, Texas, U.S., February 17, 2021. REUTERS/Adrees LatifWASHINGTON (Reuters) -The U.S. Energy Department said…
Using shame, lending apps in India squeeze billions out of the desperate
HYDERABAD (NYTIMES) – The harassing calls began soon after sunrise. Kiran Kumar remained in bed and for hours thought about how he was going to…
Firms prepared for easing of support measures such as JSS, credit relief schemes
SINGAPORE – The Jobs Support Scheme (JSS) payouts served as much-needed cash flow relief for Lim Kee Food Manufacturing amid the circuit breaker and supply…
Database reveals secrets of China's loans to developing nations, says study
DAKAR (REUTERS) – The terms of China’s loan deals with developing countries are unusually secretive and require borrowers to prioritise repayment of Chinese state-owned banks…