From de-dollarisation to "redollarisation". Standard Chartered says the US dollar is set to strengthen, even as geopolitical and AI risks keep markets on edge.
OCBC, Asset World Corp ink pact with US$200 million sustainability-linked loan
It will help support AWC’s ‘growth-led strategy across its hospitality, commercial and lifestyle destination portfolio’ Read more at The Business Times.
Singapore banks to post loan growth but margins to dip in Q2
OCBC may reach its full-year loan growth guidance by H1, the report said. Singapore banks should report a rise in loans and earnings for the Q2 period, but net interest margins (NIMs) are likely to ...
DBS PayLah! Outage on 23 July Marks Second Service Disruption This Year
DBS restored PayLah! after an overnight disruption, marking the bank’s second publicly reported digital services outage in 2026.
HSBC sells Singapore insurance unit to Allianz in $2.1 billion deal
By Selena Li, Sneha Kumar and Yantoultra Ngui July 24 (Reuters) - HSBC has agreed to sell its life and health insurance business in Singapore to Allianz for S$2.7 billion ($2.1 billion), as it trims ...
Global market: HSBC to sell Singapore insurance business to Allianz in $2.09 billion deal
HSBC will sell its Singapore life and health insurance business to Allianz. This deal values the unit at S$2.7 billion and is expected to close in early 2027. The transaction will generate a pre-tax ...
Singapore’s GIC to invest another $30 billion in hedge funds
By Yantoultra Ngui, Rae Wee and Xinghui Kok SINGAPORE, July 24 (Reuters) - Singapore sovereign wealth fund GIC plans to deploy an additional $30 billion into hedge funds and is spreading its bets ...
Can Indonesia Rival Singapore? Financial Hub Plan Faces Legal Challenge
Indonesia's planned financial center may need stronger legal certainty alongside tax incentives to attract global investors.
HSBC sells Singapore insurance unit to Germany’s Allianz in $2.09 billion deal
July 24 (Reuters) - HSBC has agreed to sell its Singapore life and health insurance business to Germany's Allianz in a deal valuing the unit at S$2.7 billion ($2.09 billion), the companies said on ...
Allianz to buy HSBC’s Singapore life insurer for $2.7 bil
Allianz SE agreed to buy HSBC Holdings plc’s Singapore insurance unit for $2.7 billion as the German insurer expands its presence in the Asian financial hub after a previously aborted attempt.
US imposes 12.5% tariff on Singapore over forced labour concerns; Allianz to buy HSBC’s Singapore insurance unit for $2.7 billion: Singapore live news
Yahoo Singapore is featuring a curated selection of some of the biggest, most important, and fascinating news that's making waves online.
Allianz to buy HSBC’s Singapore insurance unit for S$2.9 billion
This comes after German insurance giant’s S$2.2 billion bid for a controlling stake in Income fell through Read more at The Business Times.
Allianz to acquire HSBC Life Singapore and enter a new long-term distribution partnership with HSBC Singapore
Allianz to acquire HSBC Life Singapore, a composite insurer with a strong presence in the local life and health insurance market • Allianz and HSBC Singapore will enter into an exclusive 15-year ...
Allianz to acquire HSBC Life Singapore under broader EUR2 billion deal
(Alliance News) - Allianz SE on Friday announced a new distribution agreement with HSBC Holdings PLC along with a deal to acquire HSBC Life Singapore.
Singapore Pushes Back as US Levies Hit on Forced-Labor Claim
Singapore’s top diplomat said there was no economic justification for the US to impose tariffs on the city-state, adding that it seeks to avoid becoming “collateral damage” in Washington’s broader ...
HSBC sells Singapore insurance business to Germany’s Allianz in $2.09 billion deal
July 24 (Reuters) - HSBC said on Friday it will sell its Singapore life and health insurance business to Germany's Allianz, in a deal valuing the unit at S$2.7 billion ($2.09 billion). The disposal is ...