PT Bayan Resources has received a bid from Indonesian tycoon Andi Syamsuddin Arsyad that values the coal miner at a fraction of its market value, according to people familiar with the matter.

Singaporean police raided the local office of iron ore trader Radiant World last week and questioned some of the firm’s employees, according to people familiar with the matter, part of an investigation into the company’s transactions after some counterparties raised concerns about allegedly falsified documents.

Singapore’s police has begun looking into Radiant World, adding to US probes initiated after some of the iron ore trader’s counterparties raised concerns about allegedly falsified documents.

DBS Group Holdings Ltd. delivered better-than-expected second-quarter profit that was powered by a surge in wealth-led fee income, and raised its 2026 guidance.

Allianz SE agreed to buy the asset management unit of Singapore’s United Overseas Bank Ltd., marking the German insurer’s second major deal in recent days as Chief Executive Officer Oliver Baete pursues growth in the region.

Granted independence after the 1997 Asian financial crisis, Indonesia’s central bank remained one of the few institutions to retain autonomy since Prabowo Subianto became president two years ago. Now it looks set to fall more directly under his sway.

Singapore’s central bank warned that uncertainty over sustaining massive AI investments is a key risk for global growth and financial markets, citing this along with the threat of a prolonged re-escalation of the war in the Middle East.

As recently as Friday, Bank Indonesia Governor Perry Warjiyo was meeting investors in Singapore after a regional central bank forum.

High-net-worth individuals say they fear the president may turn to more forceful measures to extract their money.

High-net-worth individuals say they fear the president may turn to more forceful measures to extract their money.

Oversea-Chinese Banking Corp.  plans to increase its annual technology spending, including on artificial intelligence, to more than S$1 billion ($771 million), said a top executive.

Indonesia’s biggest non-state bank said capital flight has hampered efforts to expand its wealth management business, underscoring how an erosion of investor confidence is hindering the private sector in Southeast Asia’s largest economy.

Indonesia named capital markets veteran Jeffrey Hendrik as chief executive of its stock exchange, the latest effort to bolster investor confidence in the world’s worst-performing equity market.

Unpredictable state intervention under Indonesia’s president is turning the emerging-market darling into a global laggard.

Unpredictable state intervention under Indonesia’s president is turning the emerging-market darling into a global laggard.

Indonesia’s central bank has been tightening oversight of Wall Street lenders and local financial institutions as it tries to stem the rupiah’s decline and support Southeast Asia’s largest economy, according to people familiar with the matter.

Indonesia’s sovereign wealth fund Danantara is planning to sell local-currency bonds that will pay interest below market rates at a time when global investors are rapidly losing confidence in the nation’s markets.

Allianz Global Investors is in exclusive talks to buy the asset management division of Singapore’s United Overseas Bank Ltd., according to people familiar with the matter.

United Overseas Bank Ltd. reported a lower first-quarter profit driven by declines in lending and fee income, while Greater China non-performing assets rose.

Oversea-Chinese Banking Corp. has emerged as the preferred bidder to buy HSBC Holdings Plc’s retail assets in Indonesia, people familiar with the matter said, as the Singaporean lender seeks to boost its presence in Southeast Asia’s largest economy.