Economy
Things to know about DBS’ incoming chairman Anthony Lim
The former GIC executive has served on the bank’s board since 2020...
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Bank of Japan debated need for more rate hikes, scope for faster move, September minutes show
Many members shared the view that inflation will remain elevated...
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Trump’s ‘Angry Lame Duck’ Presidency Could Bring Fresh Uncertainty to Asia
A Channel NewsAsia commentary argues that a politically weakened US president may become more assertive in foreign affairs, where executive authority remains broad....
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Inflation rises to 7.8% in October
The country"s inflation rate accelerated for the second straight month in October, mainly due to faster increases in transportation, fuel, and utilities costs during the period....
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Malaysia set to hold rates on strong growth, signal hike in 2027
Inflation in Malaysia remain moderate, despite a surge in global oil prices...
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Bank Negara Malaysia holds rates, vows vigilance as inflation pressures grow
The decision extends a pause that has been in place since a quarter-point cut in July 2025...
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3M settles 'forever chemical' personal injury claims for $7B
Manufacturing giant 3M has agreed to a $7.35 billion settlement over personal injury claims related to its manufacture of “forever chemicals” used in firefighting foam. The settlement comes as the com...
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Peter Seah to retire as DBS chairman after 16 years; Anthony Lim to succeed him
Currently a board member, Lim will assume the chairmanship on Jan 1, 2027...
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DBS Q3 profit falls 5% to S$2.81 billion on weaker trading income, misses forecasts
The bank will pay S$0.81 per share in dividends for the period...
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DBS eyes prime brokerage business as Q3 profit falls 5% on weaker trading income
The earnings miss S$2.95 billion consensus forecast; bank expects mid-single-digit total income growth for 2027...
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