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Rupee gains as RBI returns to defend currency after slump

India’s rupee bounced back after the Reserve Bank of India (RBI) resumed efforts to support it, following a sharp drop last Friday...
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DBS said to revise Alliance Bank offer proposal to 30% stake

It made the decision after failing to get approval for its initial request to buy as much as 49%
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Dubai property frenzy sets developers on a US$6 billion debt spree

From Islamic bonds to private credit, they ride one of the Gulf country’s longest real estate booms in years
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Singapore court clears way for US$2.7 billion suit against Stanchart in 1MDB scandal-linked claim

Claims involve alleged US$150 million deposit to Najib Razak and US$77 million for his wife Rosmah’s bags and jewellery
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Indian central bank likely intervenes to prop up rupee before local market open, traders say

The Reserve Bank of Indian likely intervened to support the rupee before the local spot market opened on Monday, four traders...
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Scammed while travelling? OCBC rolls out free in-app calls for all customers

Bank says business and retail customers currently make over 8,000 calls to the bank each month while overseas
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Macquarie Asset Management offers US$7.5 billion for logistics firm Qube

The Australian logistics and shipping-containers’ operations span container leasing, car and grain cargo terminals, and road and rail transport services
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JPMorgan, Citi, Morgan Stanley client data may be exposed by vendor’s hack: report

SitusAMC sys the affected data included corporate information tied to some clients’ dealings with the company
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Banks get US$2.6 trillion from deregulation, Jefferies says

Looser regulation for US banks is expected to unlock some US$2.6 trillion in lending capacity for large financial institutions, according...
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Thai central bank sees room for rate cut, wants a weaker baht

THAILAND’S newly-appointed central bank governor says the baht should be weaker to reflect economic fundamentals, and there is room to ease monetary...
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