Loans

Man stages own kidnapping in Malaysia to trick parents into paying loan shark debt

The kidnapping drama unravelled less than 24 hours later after police tracked him down at a budget hotel in Kuang.

South Korea President Lee Jae Myung accused of skirting his own loan curbs with sale of apartment

South Korean President Lee Jae Myung made stricter mortgage lending a centrepiece of his campaign.

China’s record consumer defaults undermine Beijing’s push to boost spending

Consumer loan defaults have soared to record highs, and analysts expect the situation to worsen.

Britain joins EU’s $132 billion support loan for Ukraine

British Prime Minister Keir Starmer (centre left), French President Emmanuel Macron (centre right) and Ukrainian President Volodymyr Zelensky (centre) pose for a family picture with heads of states and governments before a summit of the Coalition of the Willing to support Ukraine in Paris on July 13, 2026.

Thai court rules government’s $15 billion emergency loan is lawful

Prime Minister Anutin Charnvirakul’s administration in May approved the borrowing decree in a bid to cushion a flagging economy from higher oil prices.

DBS completes $1.3 billion significant risk transfer deal, in first for Singapore bank

For DBS, the transaction frees up capital that can be redeployed towards new lending and growth opportunities.

ByteDance seeks almost $26 billion in its largest offshore loan

This would be ByteDance’s largest offshore loan yet, at a time when the firm is boosting investments in artificial intelligence.

When you borrow money from your best friend

Kelly McCain, seated left, lent her best friend, Kate Williams, US$10,000 without a formal agreement.

New credit reporting service may give S’pore consumers easier access to Malaysian financial products

Ms Dawn Lai, chief executive of Experian Information Services Malaysia and Mr William Lim, executive director of Credit Bureau Singapore signed the agreement to develop the credit reporting service between Singapore and Malaysia on June 9.

Singapore households’ net wealth up, but also taking on more debt such as home loans

Household liabilities are growing faster than household assets, a shift that emerged in the fourth quarter of 2025 and continued through the first quarter of 2026.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.