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SHARES of GoTo Group plunged to a record low as a lock-up on its major shareholders’ stakes neared expiry, suggesting investors are expecting some of them to reduce their holdings.

INDONESIAN central bank governor Perry Warjiyo emphasised on Wednesday (Nov 30) the need to adjust interest rates early to control inflation, which is near its highest rate in seven years.

HONG Kong’s Exchange Fund, which is used to back the Hong Kong dollar, posted an investment loss of HK$100.1 billion (S$17.6 billion) in the third quarter, the Hong Kong Monetary Authority (HKMA) said on Wednesday (Nov 30).

INDONESIA’S central bank governor Perry Warjiyo said on Wednesday that monetary policy will remain pro-stability and that energy subsidies next year will allow Bank Indonesia (BI) to raise interest rates in a measured way.

POTENTIAL economic downturns caused by climate change could pose risks to the loan books of Australia’s top five banks without resulting in any severe stress to the system and the economy, a risk study conducted by the country’s banking regulator showed.

HSBC Holdings shares rose after the lender agreed to sell its Canadian unit for C$13.5 billion (S$18.5 billion) in cash and said it’s “proactively” considering a one-time dividend or fresh stock buyback.

THE three Singapore banks listed on the local bourse are basking in a period of favourable interest rate movements, drawing positive reactions from the market. Borrowers may be a little less happy, but those offended by the banks’ healthy margins should also consider that strong banks help support a...

THE three Singapore banks listed on the local bourse are basking in a period of favourable interest rate movements, drawing positive reactions from the market. Borrowers may be a little less happy, but those offended by the banks’ healthy margins should also consider that strong banks help support a...

THE three Singapore banks listed on the local bourse are basking in a period of favourable interest rate movements, drawing positive reactions from the market. Borrowers may be a little less happy, but those offended by the banks’ healthy margins should also consider that strong banks help support a...

HSBC has agreed to sell its business in Canada to Royal Bank of Canada (RBC) for $13.5 billion Canadian dollars (S$13.7 billion) in cash.