IN BRIEF (Page 13)

DBS starts yuan investment

DBS Group Holdings Ltd, Southeast Asia's biggest bank, said individual customers in Singapore are now able to purchase and deposit yuan to take advantage of China's currency appreciation and rising interest rates.

Investors may buy yuan in Hong Kong's offshore market using accounts with a minimum S$50,000 ($39,290) of funds, V Arivazhagan, head of consumer treasury products at DBS, said at a media briefing on Tuesday in Singapore.