The bank characterised its 12-month outlook for returns across major equity markets as “comfortably positive.” Read more at straitstimes.com.
Monetary Authority of Singapore Starts Tokenization Pilots Alongside Financial Services Heavyweights
The test will explore bilateral digital asset trades, foreign currency payments, multicurrency clearing and settlement, fund management and automated portfolio rebalancing.
Hong Kong luxury home rents rose as Singapore’s fell amid contrasting market conditions in third quarter
Hong Kong’s luxury home rents rose 1 per cent in the third quarter from the previous three-month period, while Singapore’s slipped by 1.7 per cent, highlighting the contrasting fortunes of Asia’s ... ( read original story ...)
Standard Chartered Investment Arm Launches Tokenization Platform
Crypto Futures Funding Rates Normalize After Bitcoin Drops to $35.6K ...
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 ...
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 ...
Singapore introduces five new pilots to test asset tokenization
In addition to the five pilots, MAS launched Global Layer One (GL1) to explore the design of an open, digital infrastructure that will host tokenized financial assets and applications.
Owner of Hong Kong crypto exchange OSL gets US$91 million from firm linked to Bitget, which is exiting the market
BGX is taking a 30 per cent stake in BC Technology to become the largest shareholder of the owner of one of two licensed Hong Kong crypto exchanges.
Fast-growing Johor eyes Singapore power trade, electric vehicle opportunities in green economy drive
Malaysia’s southernmost state is exploring clean power exports and boosting EV infrastructure development via a proposed special economic zone with Singapore. Johor's green economy plan will also look ...
Could unproven claims about Lee Kuan Yew hurt Malaysia-Singapore trade? Jelutong MP asks in Parliament
Jelutong MP RSN Rayer today raised concerns that bilateral trade with Singapore might be damaged as a result of unproven allegations made by another Malaysian MP in the Dewan Rakyat about the republic ...
Singapore President Believes AI Will Ease Talent Shortage
Tharman Shanmugaratnan, the newly appointed president of the city-state, spoke at this week’s Singapore FinTech Festival, noting that artificial intelligence will help it meet the challenges of a ...
Record dividends expected for Singapore’s largest stocks this year: Janus Henderson
ASSET manager Janus Henderson expects Singapore’s largest stocks to issue record dividends for the full year, exceeding the previous peak in 2011. Read more at The Business Times.
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 ...
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.
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 ...
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 ...