Singapore’s OCBC establishes dedicated AI Lab

Singapore's OCBC Bank is to spend $10 million over the next three years to develop inhouse expertise in artificial intelligence with the creation of a dedicated AI division. OCBC launched its first AI-powered chatbot, Emma, in 2016 to respond to customers ... ( read original story ...)

Singapore bank sets up unit to drive in-house AI development

OCBC Bank has set up a new unit dedicated to developing and integrating artificial intelligence (AI) capabilities into its products and services. The Singapore bank said it was investing an initial amount of S$10 million (US$7.6 million) over three years ... ( read original story ...)

Profit Taking Likely To Hit Singapore Bourse

The win streak has hit four sessions now for the Singapore stock market, which has advanced more than 100 points or 3 percent in that span. The Straits Times Index now rests just above the 3,550-point plateau although the wheels are likely to come off on ... ( read original story ...)

Singapore, Malaysia stocks rise ahead of US inflation data

Singapore Exchange drifted lower by 0.3%. The market operator said it is stepping up efforts to ... in a move to reduce the volatility of its stock price. In Malaysia, the FBM KLCI index rose 0.2% to 1,864.03. Nestle (Malaysia) rose 4.6% to 157.40 ringgit ... ( read original story ...)

Nine major power players who could get you a job at HSBC in Asia

Here’s who’s leading some of HSBC’s most expansionist teams in Hong Kong and Singapore. https://news.efinancialcareers.com/sg-en/308862/hot-jobs-hsbc-asia/ You want to work for HSBC in Hong Kong or Singapore, a bank that made almost 90% its profits ... ( read original story ...)

Bank helps connect Chinese with EEC

SINGAPORE-based United Overseas Bank (UOB) is drumming up interest among Chinese investors to seize opportunities in the Eastern Economic Corridor (EEC) and expects more and more Chinese companies to set up in the country’s flagship economic zone. ( read original story ...)

Singapore paves the way for legal finance in Asia

It has been a year since Singapore took the landmark step of allowing legal finance for arbitration, bringing the country into line with the US, UK, Australia and numerous other leading centres of dispute resolution. Singapore took the prize for being the ... ( read original story ...)

4 Reasons Singapore is Great for Startups

With its strong economy, well-educated populace and favorable tax treatment, Singapore should be high on their lists. Singapore’s economy is highly developed. For example, it is one of the richest nations in Asia (GDP per capita S$52,932) and individuals ... ( read original story ...)

HSBC launches Singdollar income bond fund

HSBC Global Asset Management yesterday said it has launched its first dedicated Singapore dollar income bond fund for retail investors here. The minimum investment sum stands at $1,000, and investors may buy into the fund at any HSBC retail banking branch ... ( read original story ...)