The warning comes as policymakers and Wall Street execs have become increasingly vocal about their concerns over the frothy valuations of tech stocks caused by undue enthusiasm about AI’s prospects.
Multifonds Helps DBS to Drive Scalable Automation and Future Growth in the Region’s Asset Management Industry
Multifonds today announced that DBS, Southeast Asia's largest bank by assets, has gone live with Multifonds Fund Accounting Platform in Singapore, Hong Kong SAR and Indonesia. The solution was ...
Singapore’s CapitaLand Investment exceeds target with $650 million for lodging fund
Singapore's CapitaLand Investment said on Monday it closed its value-add lodging private fund with $650 million in total commitments, exceeding its target by $50 million, reflecting strong investor ...
Singapore’s financial system remains resilient, but MAS warns of rising global risks
In its latest financial stability review, the Monetary Authority of Singapore urged households, corporates and financial institutions to stay vigilant.
Bank’s new business unit builds own bot to foster culture of innovation, efficiency
UOB’s new Innovation Group is tapping technology and talent upskilling to adapt to banking’s new “intelligent” business model Read more at The Business Times.
S’pore bank makes it easier for organisations to launch digital vouchers with smart contracts
DBS is tapping technologies such as blockchain, tokenisation and smart contracts for the new generation of “always-on” banking solutions Read more at The Business Times.
Singapore Gulf Bank and Fireblocks Partner to Boost Digital Asset Services
Singapore Gulf Bank partners with Fireblocks to enhance digital asset services, offering secure treasury management, and global transactions.
OCBC trims First REIT’s fair value estimate on FX impact, a ‘recurring detractor’
The healthcare-focused REIT’s underlying rental income from Indonesia and Japan was up 5.5% and flat at IDR567.3 billion and JPY1.1 billion respectively, in local currency terms.
UltraGreen.ai starts pre-marketing S$300m-S$400m Singapore IPO: sources
The planned share sale would add momentum to Singapore’s efforts to attract high-growth companies and boost its capital markets Read more at The Business Times.
UltraGreen.ai starts pre-marketing of over $300 mln Singapore IPO, sources say
UltraGreen.ai has started pre-marketing for a Singapore initial public offering that could raise between S$300 million and S$400 million ($309 million), valuing the surgical imaging firm at more than ...
Surgery-Imaging Firm Ultragreen.ai Starts Gauging Interest for Singapore IPO
UltraGreen.ai, a provider of fluorescence technology used in surgical imaging, has started gauging investor interest for its initial public offering in Singapore.
SGB partners with Fireblocks to advance digital asset banking
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride ...
Groww IPO Day 1 Live Updates: Billionbrains Garage Ventures IPO subscribed 32%, QIBs nil
Groww IPO, Check GMP, issue details & subscription status Billionbrains Garage Ventures Limited, the parent company of investment platform Groww, announced that its initial public offering (IPO) will ...
Fireblocks to Power Digital Asset Custody and Treasury for Singapore Gulf Bank
Singapore Gulf Bank partners with Fireblocks to enhance digital asset custody, treasury automation, and secure on-chain operations.
Singapore to Cane Scammers as Billions Lost in Financial Crimes
Singapore will cane scammers under a new law as the city-state grapples with crimes affecting thousands of people.
CapitaLand Investment, Mapletree Investments exploring merger: WSJ report
The report said the plans are in the very initial stages and a deal may or may not materialise. Read more at straitstimes.com. Read more at straitstimes.com.