BEIJING (BLOOMBERG) – China’s central bank asked the nation’s major lenders to curtail loan growth for the rest of this year after a surge in the first two months stoked […]
Singapore to renew loan commitments to IMF
SINGAPORE (THE BUSINESS TIMES) – Singapore will renew its loan commitments totalling US$3.58 billion (S$4.74 billion) to the International Monetary Fund (IMF). The Monetary Authority of Singapore (MAS) said this […]
SMEs take loans for immediate cash flow, long-term flexibility
Around 5,000 firms have borrowed about $4.5 billion from government-assisted schemes in recent weeks as they shore up their defences against the impact of the pandemic. Some companies told The […]
Toyota seeks $9.2 billion credit line from Sumitomo Mitsui, MUFG Bank: Kyodo
TOKYO (Reuters) – Toyota Motor Corp (7203.T) has sought a credit line totaling 1 trillion yen ($9.23 billion) from Sumitomo Mitsui Banking Corp and MUFG Bank as fund-raising costs rise […]