Banks have a combined exposure of at least $3 billion to Singapore’s Hin Leong Trading (Pte.) Ltd. and are in talks with the privately-held oil trader over how to shore up its finances amid concerns ... ( read original story ...)
Australia, Singapore Unveil Support Measures for Coronavirus-Hit Industry
Australia’s federal government on Wednesday unveiled a package of financial relief measures intended to help the film and television industries weather the impact of the coronavirus outbreak. The ... ( read original story ...)
China’s March crude oil imports rose 4.5% year-on-year on stockpiling
China’s crude oil imports in March rose 4.5% from a year earlier, according to official customs data, as refiners stocked up on cheaper cargoes despite falling domestic fuel demand and cuts in ... ( read original story ...)
Less than half in Singapore willing to share COVID-19 results with contact tracing tech
Most respondents were comfortable sharing a positive COVID-19 test result with their doctor or public healthcare providers, with more than half in Singapore willing to do so. Just 28% of all ... ( read original story ...)
OCBC brings Google Pay P2P payments to Singapore
OCBC Bank has become the first financial institution to bring Google Pay’s peer-to-peer funds transfer service to Singapore. The move makes Singapore only the third country, after India and the US, ... ( read original story ...)
DBS Hong Kong Digitizes Two-Day SMB Account Opening
DBS Hong Kong, a subsidiary of DBS Bank headquartered in Singapore, is transitioning to a new contact-free way for small- to medium-sized businesses (SMBs) to set up business accounts, according to a ... ( read original story ...)
Coronavirus live updates: Singapore reports more than 300 cases for second consecutive day
Singapore reported 720 cases in the last two days, most of them linked to infection clusters at dormitories housing foreign workers. ( read original story ...)
Singapore reports 334 new coronavirus infections, total reaches 3,252
Singapore's health ministry confirmed 334 more infections on Tuesday, taking its tally to 3,252. Most of the new cases were linked to outbreaks in migrant workers' dormitories, the ministry said. ( read original story ...)
Exclusive: Stay off Zoom, Google Hangouts, Standard Chartered chief tells staff
Standard Chartered Plc (STAN.L) is the first major global bank to tell employees not to use Zoom Video Communications Inc (ZM.O) during the coronavirus pandemic due to cybersecurity concerns, ... ( read original story ...)
Singapore is launching a new audit system to certify that its hotels are clean and safe to ease post-coronavirus travel fears
Singapore's new audit system ranks hotel cleanliness according to seven criteria, including having processes in place to check guests' temperatures. ( read original story ...)
China Optimism, Xiaomi Ties Help Shunwei CEO Debut On 2020 Forbes Midas List
Working from home himself in Singapore, Koh sees more room for video and audio services in business. Shunwei has 20 staff back in China. Notably standing the test of time has been Koh’s original ... ( read original story ...)
Singapore central bank to adjust banks’ capital requirements
SINGAPORE (Reuters -’s central bank will adjust selected regulatory requirements and supervisory programs to enable financial institutions to focus on tackling issues ... ( read original story ...)
Singapore Grants Crypto License Exemption to Apifiny
SAN FRANCISCO--(BUSINESS WIRE)--Apifiny, a digital asset marketplace that facilitates institutional access to regulated, global financial markets, announced it has been granted an exemption by the ... ( read original story ...)
The Monetary Authority of Singapore launches $88 million support package for banks and fintechs
The MAS $88 million funding package aims to help banks and fintechs navigate current market conditions and drive growth within financial services. ( read original story ...)
From ‘gold standard’ to a coronavirus ‘explosion’: Singapore battles new outbreak
A wave of infections among migrant workers offers a stark illustration of the risks facing densely inhabited parts of Asia and marginalized groups. ( read original story ...)
The Top 10 Companies Behind The 2020 Midas List: Uber, Ant Financial And The Breakouts That Helped Investors Make The Cut
From Ant Financial to Xiaomi, and Spotify to Uber, these 10 companies put the most investors on the 2020 Midas List of the world's top tech investors. ( read original story ...)