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Chubb is said to near buying Liberty Mutual Thai, Vietnam units

CHUBB is nearing a deal to acquire Liberty Mutual Holding’s businesses in Thailand and Vietnam as it seeks to boost its presence...

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China’s central bank, regulators hold symposium on support for private companies

CHINA’S central bank and financial regulators held a symposium with private enterprises and financial institutions, vowing to increase lending to private enterprises...

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Blackstone’s Schwarzman takes home more than US$1 billion in pay and dividends

BLACKSTONE chief executive officer Steve Schwarzman collected just over US$1 billion in pay and dividends in 2024, putting the spotlight on the...

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ECB’s multi-trillion payments breakdown sends shudders through Europe

The breakdown, which has dealt a blow to the international standing of the central bank behind one of the globe’s most important...

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Thailand picks central bank board chair after contentious search

Thailand is set to appoint a former bureaucrat as the new chairman of the Bank of Thailand (BOT), capping a contentious selection...

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Minority shareholders request UOI to distribute Haw Par shares, unlock shareholder value

Group, led by independent investor Ong Chin Woo, also asks for an independent financial adviser to be appointed

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Citigroup mistakenly credits customer account US$81 trillion in ‘near miss’, FT reports

CITIGROUP erroneously credited US$81 trillion, instead of US$280, to a customer’s account and took hours to reverse the transaction, a “near miss”...

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Allianz profit beats as Pimco parent starts new buyback programme

Allianz’s earnings for the full year rose 8.7% to 16 billion euros

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Chinese banks heed PBOC call to cut dollar deposit rates

It’s to stop a further rise in dollar deposits and spurring more conversion of those dollars into yuan

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Bank of Japan vows to keep tapering bond buying despite rise in yields

The central bank will next hold its policy review on Mar 18 to 19

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