Market Spotlight
Indonesia's rising appetite for online investment attracts scams
Growing middle class in ASEAN's biggest economy seen prone to being cheated
Finance
China debt crunch
Anxious Chinese businesses, consumers cut borrowing after brief rebound
As private sector holds back, government accounts for over half of financing demand
Obituaries
Anshu Jain, former Deutsche Bank CEO, dies at 59
Indian-born banker helped transform German bank into global financial titan
Insurance
Tokio Marine to sell insurance policies through Amazon
Customers can receive payouts in cash or gift certificates
DealStreetAsia
Indonesia venture firm Venturra Capital plans 3rd fund next year
New fund set to invest in domestic market and beyond
Technology
Loan danger: India's illegal finance apps bring worry, regret
Users tempted by quick cash often face huge interest payments, harassment
DealStreetAsia
Indonesia's Bank Mandiri in talks to buy stake in Bank Prima Master
Financial regulator has been encouraging consolidation in banking sector
Caixin
Yuan bonds debut in Russia as challenge to dollar dominance builds
Firms increasing use of Chinese currency to side-step Ukraine war-related sanctions
Finance
Beijing clears Japan's MUFG to streamline fund transfers
Companies based in Shanghai's free trade zone face less scrutiny
DealStreetAsia
Indian travel tech startups in focus as tourism bounces back
Business, leisure travel picking up in wake of COVID-19 pandemic
Environment
Singapore to raise $2bn from its first green bonds this month
Float will finance rail network expansion to reduce automobile use
Finance
DBS, other ASEAN banks ride U.S. rate hikes to stronger earnings
Southeast Asia's largest banks expect higher returns from lending
DealStreetAsia
Vietnam B2B e-commerce startup Telio looks to raise as much as $60m
Company says it serves over 60,000 businesses in domestic market
DealStreetAsia
China's top venture capital companies flock to Singapore
Companies using city-state as base to target rest of Southeast Asia
Finance
DBS Q2 profit tops estimates as rising interest rates boost banks
Southeast Asia's largest lender posts $1.3bn profit for April-June quarter
Finance
China shores up smaller banks with fresh $47bn injection
Funds from infrastructure bonds tapped to shield lenders from economic slowdown
DealStreetAsia
Malaysia's Industronics gets $1bn funding access from China's SDIC
Southeast Asian electronics company is diversifying into financial services
DealStreetAsia
Singapore's Affirma Capital invests $38m in U.S. 'webtoon' company
Terapin Studios will use funds to buy South Korean digital comic platform
Finance
China property sector woes weigh on HSBC and StanChart
Spike in impairment charges reflect cautious outlook
Finance
HSBC raises profitability goal to rebuff Ping An call for breakup
Lifts near-term return goal to at least 12% from 2023, up from previous 10%
