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Category: FINANCE

Posted on 15/11/2023

Billion-dollar money laundering case: Accused at risk of cancer, say lawyers who suggest 24-hour surveillance

Su Baolin's lawyers alleged that Changi Prison's Complex Medical Centre does not provide adequate care for their client, who has a congenital heart condition.

Posted on 15/11/2023

CBDCs can replace cash, improve cross-border payments: IMF chief at Singapore fintech event

IMF managing director Kristalina Georgieva says central bank digital currencies can improve financial inclusion in places where few hold bank accounts The three-day Singapore FinTech Festival brings ...

Posted on 15/11/2023

Investment opportunities abound in 2024 but investors must be selective: Morgan Stanley

The bank characterised its 12-month outlook for returns across major equity markets as “comfortably positive.” Read more at straitstimes.com.

Posted on 15/11/2023

Standard Chartered Investment Arm Launches Tokenization Platform

Crypto Futures Funding Rates Normalize After Bitcoin Drops to $35.6K ...

Posted on 15/11/2023

Standard Chartered’s SC Ventures debuts tokenization

In a pioneering move within the financial sector, SC Ventures, the innovative fintech investment and venture arm of Standard Chartered, has stepped into the future of finance with the launch of their ...

Posted on 15/11/2023

Analysts keep estimates unchanged for OCBC; bank named as top sector pick for some

While DBS Group Research analyst Lim Rui Wen has kept her “hold” call like her peers, she is less upbeat on OCBC’s outlook even though the bank’s results stood largely in line with the estimates of ...

Posted on 15/11/2023

Singapore’s Temasek, Saudi PIF take contrarian view on China, raise bets on consumer stocks as other foreign investors flee

Two of the world’s biggest state owned investors have poured money into China’s consumption stocks during the third quarter, at a time when Western investors are retreating over growth concerns and ...

Posted on 15/11/2023

IMF says central bank digital currencies can replace cash: ‘This is not the time to turn back’

Kristalina Georgieva of the IMF said that the public sector should keep preparing to deploy CBDCs and related payment platforms in the future.

Posted on 15/11/2023

Singaporeans to receive Assurance Package (AP) support next month

The Assurance Package (AP) aims to help Singaporeans tide through the period of higher inflation and cushion the impact of the GST rate increase...” MOF said in a press release ...

Posted on 15/11/2023

All adult Singaporeans to receive Assurance Package cash payments in December

SINGAPORE – All adult Singaporeans will receive between $200 and $800 in December through the Government’s Assurance Package to help with the rising cost of living. This will apply to Singaporeans ...

Posted on 15/11/2023

UBS, DBS and SBI execute world first live repurchase transaction of natively-issued digital bond on public blockchain

This is part of MAS’s Project Guardian, a government-industry partnership to test the feasibility of asset tokenisation.

Posted on 15/11/2023

HSBC to Offer its Financial Toolkit for Antler’s Portfolio Companies

HSBC has joined forces with Antler to support the growth of Southeast Asian companies and entrepreneurs based in Singapore.

Posted on 15/11/2023

China central bank boosts liquidity injection through policy loan, rate unchanged

China's central bank ramped up liquidity injection but kept the interest rate unchanged when rolling over maturing medium-term policy loans on Wednesday, matching market expectations. Market participa ...

Posted on 15/11/2023

China central bank boosts liquidity injection via policy loan; rate unchanged

China’s central bank boosted liquidity injections but kept the interest rate unchanged when rolling over maturing medium-term policy loans on Wednesday, matching market expectations. The People’s Bank ...

Posted on 15/11/2023

OCBC to invest in employee development

OCBC Bank is investing S$30mil over the next three years to help employees progress in their careers and prepare them, as well as the organisation, for future disruptions.

Posted on 15/11/2023

Generative AI, the buddy that OCBC taps to deliver better experiences for customers and employees

OCBC Group, the second-largest financial services group in South-east Asia by total assets, employs approximately 30,000 employees. Read more at The Business Times.

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