Surge from Down Under leads Asia-Pacific stock gains

Australians had reason to be fired up about their stock market Thursday. An uncertain start for Asia ... after logging an eighth-straight decline Wednesday to hit 15-month lows. Singapore shares STI, -0.17% started flat, while Taiwan’s Taiex Y9999 ... ( read original story ...)

Singapore Set to Cut Cash, Checks on Path to Digital Economy

Corporate clients of seven banks will be able to transfer funds via PayNow in Singapore. They are DBS, Oversea-Chinese Banking Corp., United Overseas Bank Ltd., Standard Chartered Plc, HSBC Holdings Plc, Malayan Banking Bhd, and Citigroup Inc, according to ... ( read original story ...)

Temasek picks 5% in AU Small Finance for Rs 1,000 cr

AU Small Finance Bank, today said Singapore-government owned investment firm, Temasek, has picked up 5 percent stake in the bank for Rs 1,000 crore. The company said this transaction would be one of largest primary capital infusions in the bank. ( read original story ...)

Time to beat Singapore, says Guan Eng

CYBERJAYA, June 19 — It was time Malaysia beat Singapore at its own game and gave the island nation healthy economic competition, Finance Minister Lim Guan Eng said today. Speaking to entrepreneurs at the launch of the Malaysian Global Innovation and ... ( read original story ...)

Singapore Stock Market May Test Support At 3,300 Points

The Singapore stock market has finished lower in four straight trading days, surrendering more than 115 points or 3.6 percent along the way. The Straits Times Index now rests just beneath the 3,325-point plateau and it may open under pressure again on Tuesday. ( read original story ...)

StanChart is said to plot Asia hubs in Singapore, Hong Kong

LONDON: Standard Chartered Plc plans to create two new hubs for its Asian operations in Singapore and Hong Kong to simplify the emerging market lender’s extensive network and reduce costs, people familiar with the plan said. The bank has drawn up plans ... ( read original story ...)