News
Floating rates are back on the radar, but fixed mortgages still rule Singapore’s home loans
After several years of rate volatility, many borrowers are placing greater emphasis on certainty Interest in floating-rate home loans is…
Tag
Loans
Politics
Putin says loans for Ukraine will impact EU budgets
Russian President Vladimir Putin accused the European Union of the attempted "robbery" of Russian state reserves, which he claimed had…
Business
OCBC aims to provide social loans to 10,000 women entrepreneurs by 2030, up from 2,000 now
The programme in Indonesia, Singapore, Hong Kong and Malaysia offers financing to women-led startups within their first two years of…
Business
Lululemon founder Chip Wilson pledges stock for US$500 million in loans
Lululemon Athletica founder Chip Wilson pledged shares in return for cash for the third time in just over a year, freeing the billionaire…
Business
CGSI downgrades UOB to ‘hold’ following softer loans growth expectation; near-term outlook ‘uncertain’
CGS International (CGSI) analysts Tay Wee Kuang and Lim Siew Khee on Friday (Aug 8) downgraded local bank UOB to a “hold” call from a…
Business
EU members eye €127 billion in loans for defense procurement
PARIS — European Union member states expressed interest in at least €127 billion ($146 billion) in EU-backed loans to pay for defense…
Business
UOB awarded S$17.7m in civil suit against Lippo Marina Collection over inflated housing loans
UOB has been awarded S$17.7 million in claims against Indonesian developer Lippo Marina Collection (LMC) and two property agents, Goh Buck…
Business
China banks stoke controversy with loans to boost pensions
Rural banks in China have created a public stir by targeting low-income earners and the elderly with loan products designed to plug their…
Business
Deutsche Bank plans SRT deal tied to US$3 billion corporate loans
Deutsche Bank is selling a significant risk transfer (SRT) linked to a portfolio of US$3 billion in corporate loans, according to people…
Business
Thai banks' bad loans rise to 2.9% in Q1
Thai banks’ non-performing loans rose to 2.90 per cent of outstanding loans at the end of March from 2.78 per cent at the end of December,…
News
Student Loans: What resumption of payments means for taxes, Social Security
In less than a week, millions of student loan borrowers who have not been keeping up with their payments will face forced collections,…
Business
Hong Leong Finance sees over 300% growth in EV loans
Hong Leong Finance (HLF) announced that it has seen a more than 300 per cent increase in electric vehicle (EV) loans, from S$73 million in…
Politics
Feds left billions in tainted pandemic loans in the hands of potential fraudsters
The Small Business Administration forgave $4.6 billion in pandemic loans to people on its naughty list, the agency's inspector general…
Business
Risks of bad loans, slowdown in region spark cuts in banks’ target prices; DBS downgraded to ‘sell’, OCBC, UOB get ‘hold’ rating
Analysts have downgraded their outlook on Singapore banks amid concerns of weaker loan growth and higher credit costs, as US President…
Politics
Trump says SBA will handle federal student loans
President Trump said he's "immediately" shifting the management of federal student loans to the Small Business Administration. Source link
Politics
What Happens to Student Loans if the Education Dept. Closes?
President Trump signed an executive order on Thursday in an attempt to shut down the Education Department. “We are sending education back…
Business
Hong Kong caps IPO margin loans amid heated retail demand
The move is a response to a recent IPO market frenzy that triggered first-day share price pops and concerns about retail investors getting…
Business
Small Business Loans: The New Rules
Getting a small business loan can feel overwhelming with all the rules and requirements out there. But understanding what lenders want and…
Business
Tourism bounce helps Thai banks trim bad loans from three-year high
NON-performing loans at Thailand’s commercial banks dropped from a three-year high as a post-pandemic tourism recovery boosted debt…
Politics
Appeals court rejects Trump administration push to reinstate spending freezes on grants and loans
A federal appeals court on Tuesday rejected a Trump administration push to reinstate a sweeping pause on federal funding, a decision that…
Politics
How student loans could change under Donald Trump
President Donald Trump has inherited a federal student loan system that looks considerably different from the one in place when he left…
Politics
Federal Spending Freeze Does Not Apply to Student Loans and Pell Grants
The U.S. Department of Education said in a statement on Tuesday morning that the memo sent to government agencies the day before calling…
Politics
Trump pauses federal grants and loans, taking effect today: Live Updates
The White House budget office has ordered a temporary freeze on all federal grants and loans, a move that could impact trillions in…
Business
UBS halts margin loans on some New World Development securities
UBS Group halted accepting some bonds and shares of New World Development as collateral for margin loans, joining other global lenders in…