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Tag: banking

Posted on 31/08/2021

Singapore selected 15 companies to participate in creating its CBDC

The race to issue CBDCs is still ongoing, with central banks around the world participating. Of course, not every country has joined the race, but enough of them for it to truly feel like global ... ( read original story ...)

Posted on 30/08/2021

Monetary Authority of Singapore Chooses 15 Finalists for Global CBDC Challenge

Monetary Authority of Singapore (MAS), the nation's central bank, chooses 15 finalists for Global CBDC Challenge. ( read original story ...)

Posted on 30/08/2021

Long-Term Investors Should Keep an Eye on This SPAC Stock

Grab is flying under the radar ahead of its SPAC merger, but the super-app company offers immense upside potential. ( read original story ...)

Posted on 30/08/2021

The9 Ltd. (NCTY) Stock Continues Rising Following Initial Launch of NFTStar Platform

The9 Ltd. (NCTY) stock prices continued their upward climb following news of the company's initial launch of NFTStar platform. ( read original story ...)

Posted on 30/08/2021

Singapore central bank shortlists 15 companies to develop retail CBDC

The finalists include six companies from Singapore, four from the United States, and one each from Australia, Barbados, Germany, France and Switzerland. ( read original story ...)

Posted on 30/08/2021

Ola said to pick Kotak Mahindra Bank, Citigroup for $1 billion IPO

Ola could seek a valuation of more than $8 billion in the IPO and could file its draft red herring prospectus by October, Bloomberg reported. Details of Ola IPO—including size and timeline—could still ... ( read original story ...)

Posted on 30/08/2021

Meet the 15 Finalists for MAS’ Global CBDC Challenge

MAS has announced the 15 finalists who have developed retail Central Bank Digital Currency (CBDC) solutions for the Global CBDC Challenge. ( read original story ...)

Posted on 30/08/2021

OCBC Bank and SAS wage war on fraud with award-winning digital surveillance system

The proactive fraud detection system helped OCBC recover $8m worth of fraudulent transactions. Singapore, 26 August 2021 – As part of its anti-fraud programme, OCBC Bank has deployed a Fraud ... ( read original story ...)

Posted on 30/08/2021

Seek out these winning Singapore stocks as earnings recover: DBS

STI’s sideways trend since April should continue in the weeks or months ahead, amid the normalising earnings recovery trend. ( read original story ...)

Posted on 30/08/2021

Indonesia’s J&T Express eyes shifting IPO from US to Hong Kong

J&T Express, an Indonesian courier company, is considering shifting its planned U.S. initial public offering to Hong Kong in a debut that could raise about US$1 billion, according to people familiar ... ( read original story ...)

Posted on 30/08/2021

Stock Market Today: SGX Nifty jumps 80 points; Asian markets rise after Powell comments

The benchmark Nikkei 225 index was up 0.75 percent, or 207.36 points, at 27,848.50 in early trade, while the broader Topix index advanced 0.83 percent, or 16.04 points, to 1,944.81. Wall Street stocks ... ( read original story ...)

Posted on 30/08/2021

Singapore exchange proposes mandatory climate-related disclosures

The city-state's exchange regulator is the first in Asia to mandate listed firms to enhance climate disclosures, diversity in line with G20 task force recommendations. ( read original story ...)

Posted on 30/08/2021

Standard Chartered launches digital blockchain trade finance platform in Singapore

A joint venture between the Asia-heavy bank and a Chinese supply chain tech player aims to make trade finance an alternative asset class with digital efficiency. ( read original story ...)

Posted on 30/08/2021

Private Debt Market Growth Could Change Investment Landscape in Singapore

Private debt has been a solid part of the investing landscape in the US and Europe for many years. However, it's not so well embedded in Asia Pacific where it's an asset class that is still relatively ... ( read original story ...)

Posted on 30/08/2021

Overlooked IPO Markets Are Suddenly Booming as China Deals Slow

It has also forced many startups to pause their IPO plans after regulators announced a stricter ... a portfolio manager at M&G Investments (Singapore) Pte. “The net exposure to China tech is lower and ... ( read original story ...)

Posted on 30/08/2021

How this Singapore-based microlending platform demystifies cryptocurrency

Technicorum CEO Daniel Daboczy discussed cryptocurrency microlending and why Singapore is the next big crypto hub. A person, in a room with nine other people, trades a ball with one of them. All ten ... ( read original story ...)

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