The 30-year SORA OIS trade was the first transaction cleared by LCH. OCBC Bank and Standard Chartered have completed the first longer-tenor overnight indexed swap (OIS) derivatives transaction using ... ( read original story ...)
Woman ignores OTP message and loses almost $300 to online fraudsters
One woman had the shock of her life when she noticed that nearly $300 had been deducted from her bank account.And to add salt to injury, this entire fiasco started off with her doing what most of us ... ( read original story ...)
Financial service providers well positioned to facilitate users traversing metaverses and the physical world: DBS
Financial service providers are well positioned to facilitate seamless interoperability by partnering with metaverse players, said DBS Group Research analysts. In its “Can Metaverse Break Constraints ... ( read original story ...)
Singapore green-lights nuclear power in low-carbon energy import proposals
Atomic energy, along with coal, were banned in an earlier round of applications. Indonesia, Malaysia and the Philippines are among Southeast Asian countries exploring the power source in their future ... ( read original story ...)
Fleet Management shifts toward Singapore with Marubeni tie-up
Hong Kong-based Fleet Management hopes to be Singapore’s largest ship manager by year’s end after taking on Marubeni’s dry-bulk fleet ... ( read original story ...)
How a former Lehman Brothers banker turned the tables and built a pandemic-proof business
Declan Ee's experience in investment banking, where he "saw many blow-ups," has taught him a thing or two about running his own business. ( read original story ...)
Fraud Costs Increased More Than 10% over Pre-Pandemic Levels for APAC Businesses, According to LexisNexis Risk Solutions Study
Fraud Costs Increased More Than 10% over Pre-Pandemic Levels for APAC Businesses, According to LexisNexis Risk Solutions Study. Each Fraudulent Transaction Costs Nearly U.S. $4 fo ... ( read original story ...)
Singapore reveals international talks on protection for retail crypto investors
The Monetary Authority of Singapore (MAS) has hinted the city-state may soon impose more regulations on cryptocurrency. The senior minister and minister in charge of MAS, Tharman Shanmugaratnam, ... ( read original story ...)
Stock Market LIVE Updates: Sensex and Nifty50 likely to open higher today — SGX Nifty futures jump 100 pts
Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open higher on Thursday, building on one-month closing highs scaled the previous day. Singapore Exchange (SGX) Nifty futures - an ... ( read original story ...)
Singapore big three banks poised for earnings growth
UOB, OCBC, and DBS have strong non-interest incomes. Singapore’s big three banks are poised to see their earnings grow, thanks to a diversified portfolio that makes them independent from interest ... ( read original story ...)
Soaring rents and electricity prices are squeezing Singapore retailers’ margins
Retail businesses in Singapore are grappling with higher costs as rents rise and energy prices soar, the Singapore Retailers Association said. The surge in energy tariffs is mainly fueled by higher ... ( read original story ...)
Tycoon whose bet broke the nickel market walks away a billionaire
Shanghai time on March 8, it was clear that Xiang Guangda's giant bet on a fall in nickel prices was going spectacularly wrong. Read more at straitstimes.com. ( read original story ...)
Keppel, OCBC lead wave of share buybacks amid bear market
The stock market may be in the figurative doghouse but that has not stopped a massive wave of share buybacks. Read more at straitstimes.com. ( read original story ...)
Creso Pharma inks agreement to launch Sierra Sage Herbs pet care products in Singapore
This collaboration has grown from a strong alignment on the view that consumers want high-quality, healthy, eco-friendly pet care ... ( read original story ...)
How this former Lehman Brothers banker turned the tables and built a pandemic-proof business
Declan Ee's experience in investment banking, where he "saw many blow-ups," has taught him a thing or two about running his own business. ( read original story ...)
Yip Pin Xiu wins third Sportswoman of the Year at Singapore Disability Sports Awards
Tokyo Paralympics double gold-medallist Yip Pin Xiu won her third Sportswoman of the Year accolade at the Singapore Disability Sports Awards ceremony. ( read original story ...)