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Category: FINANCE

Posted on 27/06/2023

Schroders explores digital asset fund in Singapore

Global asset manager Schroders has teamed up with the Monetary Authority of Singapore (MAS) to develop a tokenised digital asset fund.

Posted on 27/06/2023

Singapore Releases New AI Toolkit to Encourage Fair and Ethical Use in Finance

The Veritas Toolkit 2.0 was mainly developed by Accenture and Bank of China, while other banks participated in pilot testing.

Posted on 27/06/2023

Stock Market Live Updates: Sensex jumps over 200 pts, Nifty above 18,750; Adani Power rises 2%, ICICI Sec sheds 2%

Tokyo stocks opened lower on Tuesday, after US and European markets mostly retreated as a short-lived mutiny in Russia stoked concerns about the country's stability.The benchmark Nikkei 225 index was ...

Posted on 27/06/2023

Piyush Gupta’s Salary Revealed: Highest Paid Bank CEO In Asia Earned $31,200 Daily

Gupta's annual earning makes him the highest-paid bank CEO in Asia. However, he still lags behind Shemara Wikramanayake, the CEO of Australia-based Macquarie Group, who earned $25.8 million Australian ...

Posted on 27/06/2023

UOB launches first Wellness Festival highlighting importance of financial wellness to customers’ holistic well-being

UOB on Tuesday launched its inaugural Wellness Festival at the UOB Plaza atrium, with booths, workshops and stage activities showcasing the Bank's myriad array of wellness propositions promoting ...

Posted on 27/06/2023

DBS downgrades SIA to ‘hold’, urges switch to ST Engineering, SATS instead

DBS analysts believe SIA's earnings may peak in FY2024 as supernormal passenger yields revert to more normalised levels.

Posted on 27/06/2023

Stock Market Live: Sensex, Nifty 50 likely to open with gains tracking global cues

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open higher tracking global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was last trading 22 points ...

Posted on 27/06/2023

Digital banks have to do more to woo customers in Singapore, say analysts

The race for market share in the digital banking space has begun but new players have to do more to woo customers, say observers.

Posted on 27/06/2023

Big bosses from Singapore’s GIC, HSBC, Ares and Blackstone have met with China’s wealth-fund managers as markets go from red-hot to losers

Top guns from BNP Paribas, Allianz and JCDecaux also called on their counterparts at China Investment Corp this year as the stakes get higher in a wobbly economy Chinese assets are hurting global ...

Posted on 27/06/2023

Singapore’s Central Bank Presents Design Framework for Interoperable Digital Asset Networks

Singapore's central bank is proposing ways to design open, interoperable networks for tokenized digital assets. "The Hash" panel discusses the framework presented by the Monetary Authority of ...

Posted on 27/06/2023

Singapore central bank reports on tokenized asset network models after trials

The Monetary Authority of Singapore has released a report on three use cases highlighting various infrastructure models for digital asset trading.

Posted on 27/06/2023

More Singapore firms find investment opportunities in Sichuan province | Video

More Singapore investors are searching for investment opportunities in China's Sichuan province. Singapore was Sichuan’s largest foreign investor in 2022, with about S$5.7 billion invested across ...

Posted on 26/06/2023

Apollo to invest in Singapore’s HMI Group via hybrid value funds

Apollo Global Management Inc has committed to invest in PanAsia Health Ltd, the holding company of Singapore regional healthcare firm HMI Group, through its hybrid value business, it said on Monday.

Posted on 26/06/2023

Singapore goes live with anti-fraud registry to eliminate duplicate financing

A long-awaited initiative to stamp out double financing fraud in global trade hub Singapore is now live, enabling banks to share information to check if a transaction has already been funded before ...

Posted on 26/06/2023

Singapore stocks: Keep calm and get dividends

SINGAPORE equities offer sustainable dividends and earnings growth in a low-return environment clouded by an uncertain global macroeconomic outlook. Read more at The Business Times.

Posted on 26/06/2023

Tax free specialist utu closes US$33 million funding deal and acquires CardsPal fintech platform

The cross-border travel market is ripe for a technology-driven transformation, with tax-free shopping presenting vast untapped potential,” says utu Co-Founder Asad Jumabhoy.

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