JAKARTA (Reuters) -Indonesia's President Prabowo Subianto will launch a new sovereign wealth fund called Danantara Indonesia on February 24 with assets under management exceeding $900 billion, ...

Foreign exchange reserves peaked in September 2024 and the RBI is estimated to have sold $111.2 billion, or around 18% of ...

JAKARTA (Reuters) - Indonesia's central bank said it will increase to 80 trillion rupiah ($4.9 billion) the amount of ...

In addition to falling stock prices, regional currencies like the Malaysian ringgit, Indonesian rupiah, and Taiwan dollar all ...

DBS has strong capital buffers that allow it to weather economic downturns. As of December 2024 its common equity Tier 1 ratio was 17.0% on a transitional basis and still 15.1% even assuming final ...

Tan Su Shan now steps into the leadership role with the foundation of Piyush Gupta’s transformative legacy, inheriting a bank ...

The bank, driven by its wealth management business and an increase in loans, reported a net profit of $8.4 billion for 2024, ...

Indonesia stocks at lowest since June, 2023 * Taipei shares drop as much as 1.3% * DBS gains up to 4.1% (Updates as of 0627 GMT) By Rishav Chatterjee and Rajasik Mukherjee Feb 10 (Reuters) - Emerging ...

From a legal perspective, the amendment provides regulatory certainty by affirming the status of SOE assets as separated ...

The stock rose about 15% during the fourth quarter, taking gains for the year to more than 40%. Shares in DBS are trading near record levels, thanks to the lender's strong performance in recent ...

Several global financial institutions—including the World Bank, the International Monetary Fund (IMF), and the Asian ...