Xander Ceballos
Hong Kong leads APAC loan market with US$113.3b in 2024
Hong Kong leads APAC loan market with US$113.3b in 2024
Offshore loans for Chinese corporates drove Hong Kong’s loan volume, totalling to US$66.7b or a 19.5% increase compared to 2023.
Singapore loan market sees nearly 49% growth in 2024
Key driver was the borrowing activity by commodities firms, which accounted for US$18.4b or 23% of the total loan volume
Asia's manufacturing rebounds in November with strongest growth in over 3 years
China and India led this surge as manufacturers ramped up production to meet stronger orders.
MAS issues 14-year prohibition orders against Loh Sheng Yang
Yang was convicted of cheating, forgery, and acquiring criminal benefits.
Australia and New Zealand banks face rising housing, global risks
Overall performance will remain stable, says S&P Global Ratings.
State Bank of India taps SG-based APIX for fintech innovation platform
The platform will provide access to over 250 financial service APIs.
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