The 47th president of the U.S. will be Donald Trump, and bitcoin reached a new all -time high during the vote count.In today’s issue, Jason ...
Singaporean firms seize opportunities in China, sign over $45m in MoUs
A booth showcases Singaporean cuisine at the 7th CIIE in Shanghai on November 7, 2024. Photo: Li Hao/GT . The Singapore Business Federation (SBF) organized the 7th Singapore-China ...
Singapore fintech – growth down, maturation up
After years-long effort at bolstering Singapore’s fintech prowess, its fintech industry has advanced to a new phase of growth that tilts towards consolidation and profitability, according to a recent ...
Social platforms, crypto exchanges can help fight money laundering and fraud, say Fintech Festival panellists
A CALL went out on Thursday (Nov 7) for more industry sectors – specifically those which could be used by criminals to enable fraud and money laundering – to be roped into stopping fraud and tracking ...
Several Major Crypto Firms Launch a New Dollar-Pegged Stablecoin Project ($USDG)
Seven leading crypto companies introduce USDG, a new Singapore-based regulated stablecoin. Trading begins on major platforms with DBS Bank managing reserves.
Singapore’s Changi Airport to invest $2.3 bn to improve services
Changi Airport in Singapore has announced a S$3 billion investment plan to enhance its services over the next six years. The upgrades will focus on areas like baggage handling and check-in procedures ...
OCBC to make cross-border payments available to over 50 digital wallets by 2026
OCBC is collaborating with Visa to make cross-border fund transfers accessible to more than 50 digital wallets by 2026, starting with Chinese digital wallets Weixin Pay (WeChat Pay) and Alipay. Read ...
OCBC service allows fund transfers to e-wallets in China
Singapore-based lender OCBC has launched a pay-to-wallet service via its mobile banking app that enables customers to transfer funds to digital wallets in China without incurring transfer fees.
Crypto exchange Coinbase launches Singapore engineering hub in partnership with EDB
Coinbase announced on Nov 6 that it has joined forces with the Economic Development Board to offer Singapore-based engineers the resources and training to advance the local blockchain ecosystem. It ...
Genting Singapore reports 3QFY2024 NPAT of $79.4 mil, 63% lower y-o-y
Genting Singapore has reported net profit after taxation (NPAT) of $79.4 million for the 3QFY2024 ended Sept 30, 63% lower y-o-y and 27% lower q-o-q, amid the slower recovery of international visitor ...
Niva Bupa Health Insurance IPO Subscribed 14% So Far On Day 1—Check GMP
The IPO consists of a fresh issue of shares worth Rs 800 crore, and an offer for sale of up to Rs 1,400 crore.
DBS shares jump on $3b share buyback, record $3.03b quarterly profit
Bank sees upside to its 2025 profit with Donald Trump takes office as US president next year. Read more at straitstimes.com.
Singapore bank DBS sees upside to 2025 profit with Trump return
Singapore's top bank DBS sees an upside to its 2025 profit when Donald Trump takes office as U.S. president next year, as his policies could spell fewer interest rate cuts by the Federal Reserve that ...
OCBC Now Offers Instant Transfers to WeChat Pay and Alipay in China
OCBC Bank has launched a new service allowing customers to send money instantly to users of WeChat Pay and Alipay in China.
OCBC and Ant International to Pilot Real-Time Blockchain Solution for Fund Settlements
OCBC and Ant partnered to streamline cross-border fund settlements using tokenised deposits and leverage advanced encryption and AI.
Singapore stocks outperform regional peers post US election: Analysts give their take
However, the STI is outperforming its regional peers because the Singapore dollar and local stocks might be seen as a “relative safe haven”, he added. A Republican sweep is expected to lead to ...