Loans

EU agrees $136 billion loan for Ukraine, without Russian assets

After scrambling around for a solution, EU leaders settled on coming up with a loan for the next two years backed by the bloc’s common budget.

UOB hit by HK, China property loans as real estate prices sink

UOB shares are down 4 per cent to date in 2025, while DBS OCBC are up about 27 per cent and 16 per cent respectively.

Jail for woman who confined and restrained debtor with cable ties for about 5 hours

Lin Mei pleaded guilty to one count of wrongfully confining the victim and was sentenced to 10 months’ jail.

Poland to receive $51 billion from EU's defence investment programme, PM says

Polish Prime Minister Donald Tusk appears during an event to mark the 107th anniversary of Polish independence in his hometown of Gdansk, Poland, November 11, 2025. Agencja Wyborcza.pl/Martyna Niecko via REUTERS

FIFA and Saudi Fund for Development team up to boost sports infrastructure

FIFA President Gianni Infantino speaks during the America Business Forum at Kaseya Center in Miami, Florida, U.S. November 5, 2025. REUTERS/Marco Bello

China banks issue phantom loans to hit targets in slow economy

In another sign of deteriorating domestic demand, overall investments have so far in 2025 contracted for the first time since 2020.

Hungary eyes US financial shield as EU funds remain frozen

U.S. President Donald Trump greets Hungary's Prime Minister Viktor Orban at the White House in Washington, D.C., U.S., November 7, 2025. REUTERS/Jonathan Ernst

UOB demands $74.6 million payment from former Cathay Cineplexes operator mm2 Asia

Cathay Cineplexes ceased operations in September after entering voluntary liquidation.

More HDB flat owners refinancing to cheaper bank loans as interest rates drop to 3-year low

In addition to lower rates, local banks have been offering cash rebates and legal fee subsidies to lower the costs of refinancing.

‘When you see one cockroach, there are probably more’: Jamie Dimon issues private credit warning

JPMorgan Chase & Co. CEO Jamie Dimon said he expects to see more bankruptcies like First Brands' if the private credit market goes into an economic downturn.

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