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How do you lend money when you can’t charge interest? Banks in the Muslim world are figuring out...
Fortune via Yahoo Singapore Finance· 2 weeks agoConventional finance—loans, mortgages, interest payments—greases the wheels of modern business. It...
Maybank becomes first bank in Singapore to offer end-to-end Islamic wealth solutions
The Edge Singapore via Yahoo Singapore Finance· 8 months agoMaybank Group launched its Islamic Wealth Management Singapore regional offshore hub through Maybank...
Bank Indonesia to maintain key rate at 6.00% until at least mid-2024: Reuters poll
Reuters via Yahoo Singapore Finance· 7 months agoBank Indonesia (BI) will leave its key policy rate unchanged at 6.00% on Thursday and likely keep it...
Rupiah at four-year low triggers intervention, rate hike talk
Bloomberg via Yahoo Singapore Finance· 3 months agoBank Indonesia intervened in the currency market to steady the rupiah after it fell to a four-year...
Singapore steps up cross-border payment linkages with Malaysia and Indonesia
The Edge Singapore via Yahoo Singapore Finance· 8 months agoMAS launched the payment linkages with Malaysia and Indonesia with live cross-border fund transfers...
Controversial ex-general Prabowo Subianto is likely Indonesia’s next president. Here’s what that...
Fortune via Yahoo Singapore Finance· 5 months agoIndonesian defence minister Prabowo Subianto is declaring an early victory in his third attempt to...
MOVES-Malaysia's biggest lender Maybank announces new top management line-up
Reuters SG via Yahoo Singapore Finance· 4 months agoMalayan Banking Bhd (Maybank) said on Tuesday it is making new appointments to its top management, including the appointment of current global banking group CEO Muzaffar Hisham as Islamic banking ...
Analysts mixed on UOB’s outlook after 3QFY2023 results
The Edge Singapore via Yahoo Singapore Finance· 8 months agoAnalysts' target prices range from $29.70 to $35.90. Analysts are remaining mixed with unchanged...
Singapore's banks profits set to peak as rates boost fades
Reuters via Yahoo Singapore Finance· 5 months agoSingaporean banks are set to post higher profits for the fourth quarter because of higher interest...
EMERGING MARKETS-Taiwan, S.Korea stocks advance on chipmakers; Indonesia rate decision in focus
Reuters SG via Yahoo Singapore Finance· 2 weeks ago(.) * Most Asian currencies largely unchanged * Taiwan stocks hit record high for 7th day * Rupiah gains on resuming trading after two days of holiday * Bank Indonesia to keep rates unchanged ...