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Daya unit gets demand, repossession notices

PETALING JAYA: Daya Materials Bhd’s subsidiary Daya Proffscorp Sdn Bhd has received a demand and repossession notices from Malayan Banking Bhd and MBSB for defaulting on installments for its hire-purchase facilities.

Brexit jobs spur Dublin real estate boom

LONDON: Bankers and lawyers relocating to Dublin while Brexit reshapes London’s financial industry are fueling a property boom that’s got the attention of debt investors.

BoJ warns of overheating in real estate loans

TOKYO: The Bank of Japan (BoJ) issued a warning for the first time in 20 years that financial institutions may be over-extending real estate loans, a sign that years of ultra-low interest rates is prodding banks to move into riskier lending to make profits.

Maybank slips on exposure to Hyflux

KUALA LUMPUR: Shares of Malayan Banking Bhd (Maybank) fell to a low of RM9.01 on Wednesday in a knee-jerk reaction to news that Singapore's PUB would take over Hyflux's Tuaspring desalination plant in the island nation.

Singapore's OCBC seeks partner for China securities business

SINGAPORE: Oversea-Chinese Banking Corp. is looking for a Chinese firm to team up with on a securities joint venture on the mainland, the latest foreign bank seeking to capitalise on the nation’s financial-industry loosening.

Oversea-Chinese Banking Corp. is looking for a Chinese firm to team up with on a securities joint venture on the mainland, the latest foreign bank seeking to capitalise on the nation’s financial-industry loosening.

UBS tops Asia private banking league

SINGAPORE: UBS Group AG topped the list of the 20 largest wealth firms in Asia for the sixth consecutive year even as assets under management declined in the region, Asian Private Banker (APB) said.





Lower assets: The logo of Swiss bank UBS is seen in Zurich, Switzerland. UBS saw assets under management decline about 7% last year. — Reuters