Mitsubishi UFJ Financial Group
Three Malaysian banks in merger talks
Three Malaysian banks, including CIMB Group Holdings, said on July 10 that they are in merger talks, which, if successful, would create the country's...
Societe Generale sets up sukuk programme in Malaysia
Societe Generale, France's third-largest bank by assets, will set up a 1 billion ringgit ($311.3 million) multi-currency sukuk (Islamic bonds) programme in Malaysia, the...
Japan on record spending spree in ASEAN
China’s slowing economy and a lackluster home market have encouraged Japan to embark on a record-breaking spree in ASEAN, scooping up a staggering $8.2...
Thailand’s Bank of Ayudhya ready to sell $5.6b stake
In what is the biggest acquisition by a Japanese bank in Asia ever, Japan's Mitsubishi UFJ Financial Group has launched a bid for a...
Sumitomo pays $1.52b for Indonesia bank
Japanese bank Sumitomo Mitsui Financial Group Inc. said on May 8 it has reached an agreement to pay around $1.52 billion to acquire a...
Khazanah bids $1.8 billion for Thai bank
Malaysia's state investment holding Khazanah is bidding for General Electric's 25.3 per cent stake in Thailand's Bank of Ayudhya, according to a Reuters report published...
Japan set to step up Myanmar investment
Japan is likely to take the top spot as leading foreign investor in Myanmar, it turned out at a meeting of delegates of 50...
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Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...