News
Congress Should Do More to Unwind the Government’s Student Loan Boondoggle
The recently passed megabill made important improvements to higher ed lending. But further reforms are necessary. Source link
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loan
Business
Can’t get a business loan? This new credit card might change that
Entrepreneurs and prospective business owners looking for ways to finance their budding companies often run into a problem: Their personal…
Business
GuocoLand secures S$619.3 million green loan for River Valley Green development
GuocoLand has secured a S$619.3 million green club facility on Tuesday (Jul 8) to finance the acquisition and development of its upcoming…
News
Student loan cancellation program could become Trump retribution tool, some advocates fear
President Donald Trump is reshaping a student loan cancellation program into what some fear will become a tool for political retribution,…
News
24-Year-Old Man Arrested for Alleged Involvement in Loan Shark Harassment Case in Singapore
A 24-year-old man was arrested by Singapore Police Force (SPF) for his suspected involvement in a case of loan shark harassment. On…
Business
Asian banks fuel more than US$2 billion loan boom in Middle East
Middle East borrowers are ramping up loans that are being syndicated in Asia-Pacific as they look to diversify fundraising beyond global…
News
Singapore: 20-Year-Old Man Arrested for Suspected Involvement in Loan shark Harassment Cases
A 20-year-old man was arrested on Saturday, June 28, for his suspected involvement in two cases of loan shark harassment. The Singapore…
News
Singapore: 27-Year-Old Man Arrested for Alleged Loan Shark Harassment in Yishun
A 27-year-old man was arrested on Monday, June 23, for his suspected involvement in a case of loan shark harassment. The Singapore Police…
Business
DBS, UOB back 6.7 trillion rupiah loan facility for data centre campus in Batam’s Nongsa Digital Park
DBS and UOB have jointly provided a 6.7 trillion rupiah (S$530 million) loan facility to finance the development of a new data centre…
Business
Vingroup seeks private loan to buy KKR’s stake in Vinschool
Vietnamese conglomerate Vingroup is seeking a around US$300 million private credit loan to purchase KKR’s stake of about 38 per cent in…
Business
Hong Leong-led consortium secures S$692 million green loan from DBS, OCBC for Tengah’s first private mixed-use project
A consortium led by Hong Leong Holdings has secured a S$692 million green loan to finance the development of Tengah’s first nature-centric…
Business
Olam secures US$1.85 billion loan
The first tranche is a US$1.6 billion conventional loan, while the remaining US$250 million will be issued as an Islamic loan Agribusiness…
Business
Julius Baer faces US$156 million loan loss charge
Julius Baer Group said it’s booking another large loss from property developments it helped finance, just as the Swiss wealth manager is…
Business
OCBC keeps 2025 guidance, but loan growth targets could be buffeted by headwinds: CEO Helen Wong
OCBC is keeping its financial targets for 2025, but noted that its loan growth guidance of a mid-single digit will likely see the most…
Business
Direct impact of trade tariffs affects about 3% of OCBC’s loan book; portfolio remains ‘resilient’
Current trade tariffs are expected to have a “first-order impact” on 3 per cent of OCBC’s loan book, group chief financial officer Goh…
Business
DBS loan demand to remain strong in H1, full-year growth likely at 5 to 6%: CEO Tan Su Shan
DBS expects its loan demand will remain strong in the first half of 2025, but warned that it may slow in the second half if the trade war…
Business
China’s CATL seeks US$1 billion loan for Indonesia plant expansion
The company has said that it expects to see little impact from the tariffs the Trump administration has imposed on China because the…
Business
UnitedHealth’s Move to End Cyberattack Loan Lifeline Upsets Medical Providers
Two independent medical practices in Minnesota once hoped to expand operations but have spent the past year struggling to recover from the…
News
Tips for Navigating the ‘Chaotic System’ of Student Loan Repayments
So you’re about to graduate from college. Congratulations. But now you have to think about finding a job and, sooner than you may prefer,…
Business
Tyrique George: How teenager broke into £1bn Chelsea squad without a loan
George was promoted from the academy team to the first team on 19 December, six months after he and defender Josh Acheampong signed new…
Business
IHH Healthcare signs S$300 million sustainability-linked loan with UOB
Integrated healthcare operator IHH Healthcare has signed its first S$300 million sustainability-linked loan with UOB, strengthening its…
News
Debt collectors are going to start hounding student loan borrowers again after OK from Trump’s DOE
The Education Department will begin collection next month on student loans that are in default, including the garnishing of wages for…
Business
Citibank, Vietnam Airlines ink US$560 million loan deal to buy aircraft
Citibank signed a memorandum of understanding (MOU) to provide Vietnam Airlines at least US$560 million to partially finance what’s…
Business
Airtrunk seeks S$2.2 billion loan to build Singapore data centres
Blackstone-owned data centre firm AirTrunk is seeking a S$2.2 billion green loan for a new greenfield project in Singapore, according to…