Bitcoin and other digital cryptocurrencies could replace traditional safe haven assets like gold, according to the Bank of Singapore. Mansoor Mohi-uddin, the bank’s chief economist, wrote in a ... ( read original story ...)
Is Singapore’s STI outperformance a leading indicator for cyclical stocks to be in vogue again?
The star performer so far was Singapore’s STI +0.65% (2965) led by its cyclical/value oriented constituents stocks; Venture (manufacturing) +1.96%, OCBC Bank (financials) +1.83% and Genting Sing ... ( read original story ...)
How leaders can harness the power of finance and technology for social well-being
When world leaders gather in Singapore this summer to address the global pandemic ... women and disadvantaged communities were left behind in an alarming way by the capital markets. Finance and ... ( read original story ...)
Hong Kong asks departing finance executives to explain themselves
Fund managers and bankers leaving Hong Kong for alternative financial centres have been asked to explain their decision to a range of government agencies amid concerns that Beijing’s national security ... ( read original story ...)
FACTBOX-Global tech giants expanding in Singapore
Singapore has years been a destination for multinationals and banks and more recently global technology giants have been setting up regional hubs in what some see as a neutral base amid trade tension ... ( read original story ...)
Reed Smith grows Singapore office with BCLP sextet
U.S. firm Reed Smith has expanded its Singapore office with the hire of six lawyers from Bryan Cave Leighton Paisner (BCLP), including partners Manoj Purushothaman and Simon Spells. Previously the ... ( read original story ...)
Chinese Fintech FinVolution Scores Capital Markets Services License From Monetary Authority of Singapore
FinVolution Group, a China-based fintech that connects underserved individual borrowers with financial institutions, announced on Tuesday its subsidiary has received the Capital Markets Services (CMS) ... ( read original story ...)
TraceSafe Wearables a Focus of Singapore’s Connected Worker Strategy
VANCOUVER, BC / ACCESSWIRE / January 26, 2021 / Tracesafe Inc., (“TraceSafe”) (CSE:TSF) a global leader in wearable safety tech, including contact tracing and quarantine management, is proud to ... ( read original story ...)
Gemini Exchange Adds Local Currency, DeFi Tokens in Singapore Expansion
Gemini, the crypto exchange founded by the Winklevoss brothers, is expanding its Singapore operation with new listings, features and hires. ( read original story ...)
Asia’s Spac IPOs are best done away from home
The Singapore Exchange’s plan to get in on the rush to list special purpose acquisition companies (Spacs) is a bold move that could give it an edge over regional rivals. But there are plenty of ... ( read original story ...)
COVID-19 pandemic may take four to five years to end; uncertainities to remain: Singapore Minister
Speaking at the Singapore Perspectives 2021 conference, Lawrence Wong said there was still great uncertainty about how the coronavirus will shape society in the coming years ... ( read original story ...)
5 Easy Ways to Save Money Every Day in Singapore
In these highly uncertain times, saving money is no longer an option but a necessity. If you want to have enough funds to go on holidays, keep you afloat in between jobs, or supplement your CPF ... ( read original story ...)
Grab selects banks for US IPO plans, sources say
Southeast Asian ride-hailing giant Grab Holdings has picked banks for a potential US initial public offering (IPO) that could raise at least US$2 billion,” Bloomberg reported. The Singapore-born ... ( read original story ...)
Bakuun hires finance chief
Limin joined the group 18 January and will be based in the newly established Bakuun Holdings office in Singapore. He will head the finance organization and will also prepare for Bakuun.com’s initial ... ( read original story ...)
Singapore’s SGX and Temasek partner to bolster digital asset infrastructure
Singapore Exchange (SGX) is partnering with state investment company Temasek Holdings to improve the city state's digital asset infrastructure in capital markets, including potentially tying up with ... ( read original story ...)
Asia trade finance bounces back
Fourth-quarter numbers from Asia’s biggest trade finance banks suggest that business in the region has bounced back rapidly. Corporates have changed their approach to their manufacturing bases and ... ( read original story ...)