The Business Times

savings

ASEAN Business

As middle-class Malaysians save less, Gen Z bucks the trend

OCBC and UOB have announced cuts in interest rates on their flagship savings accounts in 2025.
Companies & Markets

UOB trims interest rate on flagship One Account, joins OCBC in 360 Account cut

The Central Provident Fund Board says it is a key pillar of Singapore’s social security system.
Singapore

Eight CPF-related changes to take place in 2025

The savings would represent a roughly 10 per cent cut in the bank’s expense bill, which this year is estimated to come in at around US$32.6 billion.
Banking & Finance

HSBC’s CEO eyes US$3 billion in potential savings from overhaul

BT
Personal Growth
THRIVE NEWSLETTER

🧸 Is it ever too early to start working on financial literacy?

Shoppers cross a road near a Marks & Spencer Group Plc store on Oxford Street in central London, UK, on Thursday, Oct. 19, 2023. Retail sales are set to be a drag on gross domestic product for the whole of the third quarter, following a steep decline in July and only a slight rise in August. Photographer: Jose Sarmento Matos/Bloomberg
International

£338 billion savings pile to blame for UK growth lagging US

The household saving rate, which measures savings as a proportion of disposable income, rose to 15.3 per cent in the euro area during the first quarter, up from 14.1 per cent in the fourth quarter of 2023.
International

Eurozone household savings highest since 2021, but investments fall

Young office workers at Raffles Place in Singapore, 14 March  2024. manpower, Battery Road, CBD
Wealth

Getting started with savings

Chinese residents, unimpressed with falling deposit rates at banks, are pouring their savings into higher-yielding wealth and money-market funds offered by asset management firms.
Global Enterprise

China financial firms are unusually cash-rich as savers pile in

FILE PHOTO: A private money trader counts Indian Rupee currency notes at a shop in Mumbai August 1, 2013. REUTERS/Vivek Prakash/File Photo
International

India’s household savings likely rose after 2 years of declines

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