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

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 ...

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 ...

Indonesia's resource-rich economy grew 5.02% from a year earlier in the fourth quarter of 2024, compared with a 4.95% expansion in the third quarter. That exceeded economists' expectations, with a ...

DBS Group Holdings Ltd. may want to purchase 29 per cent of Alliance Bank Malaysia Bhd., one of the country's smallest ...

FOR multinationals looking to reduce their reliance on China, the top alternative locations in Asia so far have been Vietnam and Indonesia. Both economies have witnessed a boom in exports and foreign ...

SINGAPORE - DBS Bank, South-east Asia’s biggest bank ... In 2024, the Republic had a paltry four new IPOs; Indonesia had 39 and Thailand about 30, with Malaysia leading the pack with almost ...

JAKARTA: Trillions of rupiah channelled by Indonesia’s central bank to some lawmakers under a corporate social responsibility (CSR) programme were allegedly misused, said the country’s anti ...