Financial Services

Price slump in Australian homes could hurt economy

Household consumption could suffer amidst stricter lending standards.

Price slump in Australian homes could hurt economy

Household consumption could suffer amidst stricter lending standards.

Has Singapore's insolvency bill come a little too late for Hyflux?

It gives cash-strapped companies greater opportunity to restructure.

Singtel rolls out QR code cross-border mobile payment in Thailand

They eye to expand the service in India, the Philippines, and Indonesia.

Thai banks put up fight against telcos in e-wallet war

Lenders will snap up half of the market in the next four years.

Slow payments fell 1.81 ppt to 38.94% in Q3

The retail sector saw the highest increase of 14.27 ppt to 44.11%.

Singapore enacts legislative framework for investment funds

The new variable capital company structure could create over 1,000 jobs for the next two years.

Banks rev up robo-advisory push in Singapore

OCBC is the latest to roll out such service amidst an encouraging regulatory environment.

3 in 5 analysts expect monetary tightening in October

But change could be modest amidst the US-China trade war.

OCBC Wing Hang Bank kills $425.9m sale of Hong Kong Life Insurance

The closing conditions of the agreement have not been met in time.

Bugis Junction and Bugis+ to launch WeChat Pay services in outlets

They are anticipating Chinese tourists in Singapore during the Golden Week holidays.

Surbana Jurong's maiden $350m SGD senior bond 2x oversubscribed

The offering is scheduled to settle on 3 October 2018.

RHB Singapore rolls out city's first cyber insurance package

Customers can receive free risk assessment and consultation.

MAS intensifies bout against cyberthreats for FIs

MAS proposed to make a slew of cybersecurity measures for financial institutions (FIs)  into legally binding requirements.

RHB Singapore unveils prepaid multi-currency Visa Card

Consumers can exchange 11 currencies on the app.

Unified QR code boosts banks' cashless agendas

Lenders are poised to enjoy wider market reach and public acceptance.