Loans

Poverty rate tests Argentina's Milei ahead of election

People barter goods, as soup kitchens, barter clubs and families taking out short-term loans for groceries are exposing the social strains emerging under Argentine President Javier Milei's austerity program, barely a year before Argentina's next presidential election, in Lomas de Zamora, on the outskirts of Buenos Aires, Argentina, September 13, 2026. REUTERS/Agustin Marcarian

IDB drafts two-year Venezuela plan, says electricity and social needs are key

Venezuela's acting President Delcy Rodriguez meets with Inter-American Development Bank President Ilan Goldfajn ahead of the 81st session of the United Nations General Assembly in New York City, US, September 21, 2026. Miraflores Palace/Handout via REUTERS

Grab to buy majority stake in Singapore firm Atome for $1.9b in fintech bid

Shares of Grab have declined almost 40 per cent in 2026.

China to pump $68b into state banks, insurers in capital-boosting push

China’s finance ministry will inject 57 billion yuan (S$10 billion) into three state-owned insurers.

HK star Louis Koo and production company sued for $24 million over alleged unpaid loan

Offshore firm Sino Hero Ventures lent Hong Kong actor Louis Koo and his production company HK$70 million in 2019.

Global bond rout deepens as Japan yield breaks key 3% barrier

The Bank of Japan is expected to hike rates at its meeting in September.

Law Ministry to impose 3-day cooling-off period for loans taken from licensed moneylenders

During the cooling-off period, borrowers will be allowed to cancel a loan at reduced cost.

A S'pore businesswoman tried to salvage a bad investment but lost $1.6m instead

The woman helped to pay investors with her own money, thinking that the company would reimburse her with interest.

A $400k lesson on why you should not lend money to others

The peril of incurring ‘good debt’ to invest

Borrowing to invest increases your risk because you will end up in debt if you suffer losses.

E-paper

Newsletters

Podcasts

RSS Feed

About Us

Terms & Conditions

Personal Data Protection Notice

Need help? Reach us here.

Advertise with us

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