SINGAPORE - OCBC Bank has set up an in-house unit to develop artificial intelligence (AI) capabilities, with an initial investment of S$10 million over three years. AI Lab@TOV, which operates under OCBC's fintech and innovation group, aims to drive the ... ( read original story ...)
Singapore launches public hearings on ‘fake news’
Singapore Wednesday launched public hearings on possible legislation to combat "fake news" which critics said could be used to curtail free speech. A 10-member parliamentary committee was set up in January to tackle false online information which the ... ( read original story ...)
APAC Realty, MLN join forces to target wealthy Chinese property buyers
APAC Realty’s Jack Chua and Juliet Zhu of MLN Overseas today signed a partnership agreement to provide a range of services to Chinese property buyers. UPDATED: Singapore-listed real estate brokerage APAC Realty, which operates under the ERA brand ... ( read original story ...)
Singapore’s OCBC establishes dedicated AI Lab
Singapore's OCBC Bank is to spend $10 million over the next three years to develop inhouse expertise in artificial intelligence with the creation of a dedicated AI division. OCBC launched its first AI-powered chatbot, Emma, in 2016 to respond to customers ... ( read original story ...)
Singapore bank sets up unit to drive in-house AI development
OCBC Bank has set up a new unit dedicated to developing and integrating artificial intelligence (AI) capabilities into its products and services. The Singapore bank said it was investing an initial amount of S$10 million (US$7.6 million) over three years ... ( read original story ...)
Economists raise 2018 Singapore GDP growth forecast: MAS survey
Economists have raised their forecasts for Singapore’s economic growth in 2018, as they upgraded their views on private consumption as well as wholesale and retail trade, a central bank survey showed on Wednesday. Singapore’s gross domestic product is ... ( read original story ...)
Profit Taking Likely To Hit Singapore Bourse
The win streak has hit four sessions now for the Singapore stock market, which has advanced more than 100 points or 3 percent in that span. The Straits Times Index now rests just above the 3,550-point plateau although the wheels are likely to come off on ... ( read original story ...)
Singapore to Fight Fake News the Way it Fights Drugs
an industry association representing leading technology companies including Apple Inc., Facebook Inc. and Google, said in an interview. Singapore imposes the death penalty for serious crimes including murder and drug trafficking. U.S. President Donald ... ( read original story ...)
Singapore Brokerage Houses: Guide To Investing In Overseas Stock Markets
As you can tell, investing in American and the Hong Kong stock exchanges is popular among Singapore investors with all the local brokerages offer this market via its online trading service. The next most popular exchanges are Australia (ASX), London (LSE ... ( read original story ...)
Singapore, Malaysia stocks rise ahead of US inflation data
Singapore Exchange drifted lower by 0.3%. The market operator said it is stepping up efforts to ... in a move to reduce the volatility of its stock price. In Malaysia, the FBM KLCI index rose 0.2% to 1,864.03. Nestle (Malaysia) rose 4.6% to 157.40 ringgit ... ( read original story ...)
Singapore’s cat bond grant could total $1.5m saving per issuance
Singapore has been targeting the ILS market and catastrophe bond issuance for a number ... its notes must be listed on the Singapore Stock Exchange at least as a dual listing, and a percentage of the costs involved in issuing the ILS must be paid to ... ( read original story ...)
HSBC names Pradeep Rao head of corporates in South-east Asia for global banking
SINGAPORE - Banking giant HSBC said on Tuesday that Pradeep Rao has been appointed as its head of corporates for South-east Asia for global banking. In this role, Mr Rao will be driving and deepening strategic dialogue with the bank's key clients across ... ( read original story ...)
Nine major power players who could get you a job at HSBC in Asia
Here’s who’s leading some of HSBC’s most expansionist teams in Hong Kong and Singapore. https://news.efinancialcareers.com/sg-en/308862/hot-jobs-hsbc-asia/ You want to work for HSBC in Hong Kong or Singapore, a bank that made almost 90% its profits ... ( read original story ...)
Singapore to Fight Fake News With Same Approach as Illicit Drugs
Singapore intends to treat fake news with the same comprehensive approach as it does illicit drugs while allowing space for a “robust” discourse, according to a cabinet minister involved in discussions on new regulations. Janil Puthucheary, senior ... ( read original story ...)
Singapore, UN ‘working closely’ after leaked report says local firms traded with North Korea despite sanctions
Singapore said Tuesday it was “working closely” with the United Nations after a leaked draft report said two local firms sold luxury items to North Korea in violation of UN sanctions. The UN report, cited by the BBC, alleges that the two Singaporean ... ( read original story ...)
Trump blocks Singapore chipmaker Broadcom’s takeover bid for Qualcomm
Broadcom’s Singapore connections complicated matters ... gearing up to build ultra-fast “5G” mobile networks that could tip the balance of power in technology. Although its name isn’t widely known outside the technology industry, Qualcomm is ... ( read original story ...)