Tag: banking

Singapore banks tumble as the STI slides 0.5%, with UOB, DBS, and OCBC leading losses, pulling the market lower in a volatile trading session.

Citi shares drop over 5% as CEO Fraser plans deeper job cuts and tech investments, raising costs and unsettling investors despite strong Q2 earnings.

Vietnam bank reforms ease safeguards and raise short‑term funding caps, helping credit flow to priority sectors and supporting double‑digit growth.