Alongside the jump in profit, sources confirmed that the startup closed its $200 million Series F funding round. The investment was led by the Government of Singapore Investment Corporation (GIC), the ...
UK financial regulators should copy Singapore model, say peers
The peers’ conclusion that the UK has “valuable lessons to learn from Singapore’s approach” to financial regulation underscores widespread frustration in the City of London over how the two ...
China Construction Bank Establishes CCB SG Vision Foundation with TT Foundation Advisors
CCB becomes the first Chinese financial institution in Singapore to collaborate with TT Foundation Advisors on philanthropy The Foundation has made its first contribution to Business China to support ...
Jack Ma’s Ant International planning Hong Kong and Singapore stablecoins, pending licenses
According to individuals familiar with the matter, Ant International, the overseas arm of Jack Ma-backed Ant Group Co., will soon apply for regulated stablecoin licenses in Singapore and Hong Kong.
DBS raises target price for Sheng Siong on steady earnings growth, margin superiority
SINGAPORE] DBS Research Equity on Tue (Jun 10) raised its target price for Sheng Siong to S$2.30 from S$2 on the back of strong earnings growth and resilient margins despite a volatile macroeconomic ...
Pine Labs to File IPO Papers with Sebi by June-End, Eyes INR 6,000 Crore Raise
According to people familiar with the matter, the company has mandated Axis Capital, JP Morgan, Morgan Stanley, Citi, and Jefferies as lead bankers for the issue ...
Singapore’s Unlicensed Crypto Exchanges to Weigh Exit
A final warning from Singapore’s regulator has prompted major crypto exchanges operating in the country without a permit to plan for a hasty exit.
Singapore needs to embrace Bitcoin to maintain status as financial hub: Jeremy Tan
SINGAPORE] Singapore needs to welcome Bitcoin-related businesses to maintain its status as a global financial hub, said retired businessman Jeremy Tan at an event on Wednesday (Jun 11). Read more at ...
Ant unit to seek stablecoin permits in Hong Kong, Singapore
Singapore-based Ant International will apply for the stablecoin issuer’s license in Hong Kong as soon as the city’s Stablecoins Ordinance goes into effect in August.
Ant Group Eyes Stablecoin Licenses in HongKong and Singapore Following Its L2 Launch
Alibaba spin-off Ant Group is applying for HKMA and MAS stablecoin licenses in Hongkong and Singapore respectively.
DBS Group Holdings: Tapping Into Asia’s Booming Wealth Management Growth
DBS Group is a well run bank that has always maintained high asset quality and solid financial ratios. Read why I rate DBSDY stock a Buy now.
Danone announces further investment in Singapore Digital Lab to accelerate digital health innovation
Danone is stepping up its digital innovation efforts with a new investment phase at its Digital Lab (D-Lab) in Singapore, aiming to deepen its commitment to digital health and expanding its global ...
Ant unit to seek stablecoin permits in Hong Kong, Singapore: sources
HONG KONG] Jack Ma-backed Ant Group’s international unit is planning to apply for stablecoin licences in Singapore and Hong Kong, according to people familiar with the matter. Read more at The ...
APAC financial sector top target for volumetric DDoS attacks in 2024, report finds
Notably, the financial sector is being hit harder than other sectors. DDoS attacks on financial firms spiked in October 2024, and the sector has remained the leading target for volumetric DDoS attacks ...
10 Best Savings Accounts in Singapore with the Highest Interest Rates (Jun 2025)
For the longest time, UOB One and OCBC 360 were the top dogs when it came to high-interest savings accounts in Singapore. Even after both got nerfed, they still managed to stay ahead of the pack—and ...
Greenback fades as ringgit, baht and Singapore dollar to shine in Asean foreign exchange shift
SINGAPORE] US/Asean foreign exchange (FX) markets were lukewarm as announcements of a China-US trade agreement revealed few details following talks in London on Wednesday (Jun 11), with widespread ...