$DBS GROUP HOLDINGS LTD(D05.SI)$SINGAPORE -- Banks in the Association of Southeast Asian Nations are expecting higher returns from their lending businesses in the current rising interest rate environment, as soaring inflation prompts tightening from the U.S. Federal Reserve.

The U.S. central bank last week raised its benchmark interest rate by 75 basis points, or three quarters of a percentage point, for the second consecutive month as it intensified its fight against the country's biggest price rises in 40 years.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
  • tamira
    ·2022-08-06
    Thanks for sharing
    Reply
    Report
  • SDXSKY
    ·2022-08-07
    👍
    Reply
    Report
  • pehpeh
    ·2022-08-07
    thanks
    Reply
    Report
  • cfybao
    ·2022-08-07
    Good counter
    Reply
    Report
  • NANAHO
    ·2022-08-07
    😀
    Reply
    Report
  • rijia
    ·2022-08-06
    ok
    Reply
    Report
  • huathuat168
    ·2022-08-06
    ok
    Reply
    Report
  • earnlotmoney
    ·2022-08-06
    nice
    Reply
    Report
  • Miaoj
    ·2022-08-06
    ok
    Reply
    Report
  • vic78
    ·2022-08-06
    👍👍
    Reply
    Report
  • Werv
    ·2022-08-06
    👍
    Reply
    Report
  • Santoshgrg96
    ·2022-08-06
    😂
    Reply
    Report
  • Ni76
    ·2022-08-06
    👍
    Reply
    Report
  • HarryLim
    ·2022-08-06
    Ok
    Reply
    Report
  • ColeHii
    ·2022-08-06
    👍
    Reply
    Report
  • MarcusChan
    ·2022-08-06
    nice
    Reply
    Report