Open interest in currency derivatives up 44% in Singapore after RBI’s new norms

The aggregate open interest currency derivatives contract on the Singapore Exchange have risen around 44 percent after the Reserve Bank of India’s (RBI) new norms kicked in on May 3. Experts attribute the sharp increase as a reaction to the Indian banking regulator asking participants to have valid underlying contracted exposure that has not been hedged ...

Miss Universe Singapore now open to married and divorced women

Women who are married, divorced, or have children can now apply, as long as they are over 18, based in Singapore, or have been in Singapore for at least six months before 1 September 2024. The upper age limit, which stated that an applicant had to be under 28, has also been removed by the ...