Financial Services
Chart of the Day: Singapore money supply jumped 5.3% in April
It grew thanks to higher net foreign position and private credit.
Chart of the Day: Singapore money supply jumped 5.3% in April
It grew thanks to higher net foreign position and private credit.
Two divestments to lift OCBC's earnings in 2018
It is finalising the sale of Great Eastern Life Malaysia and Hong Kong Life Insurance.
Singapore crypto startup gets $16.46b for blockchain tech
The platform FUSION allows companies to tap into a global network and interact with other cryptocurrencies.
Chinese banks thrive on mobile payments as millennials drive cashless push
Lenders handled a whopping $11.1t in mobile payments in the first quarter alone.
Asia's private banking scene heats up as European players enter fray
European private banks are heavily investing in Asian footholds.
Singapore and India speed up cross-border payments
Indian nationals can transact through Ru-pay in Singapore.
New accounting standards pose risks to Singapore banks' profitability
Lenders face higher credit reserve requirement under the FRS109.
Fraud incidents from unlicensed online trading jumped 255% in 2017
Singapore's police and central bank issued a new warning against unregulated online trading.
UOB rolls out monthly ‘digital clinics' to help businesses digitise
Tech experts will provide companies with tailored digital strategies to improve productivity.
Singapore beats Hong Kong in open banking readiness
Strong regulatory support from MAS buoyed the lion city to score the APAC crown.
Bank lending up 0.8% in April
Consumer and corporate loans edged up slightly.
Government unveils revamped insurance scheme for seniors with disability
CareShieldLife will be rolled out by 2020.
Daily Briefing: Property entrepreneur buys Japan's crypto exchange for $67m; Indonesia beats Singapore in cashless living
And here's what you should know about ThaiBev's Q2 earnings report.
Singapore & the future of finance: global lighthouse on a little island
In 1942, Austrian economic prophet Joseph Schumpeter coined the term “creative destruction.” Schumpeter envisioned innovation to be the key driver by...
Strong SME lending buoys Taiwanese banks' growth prospects
Loans to the SME segment accounted for almost a third of total system loans.
Japanese regional banks form fintech joint venture in bid for survival
Seven lenders will take a stake of little over 14% in the JV.
China's banks are sidestepping the shadow banking crackdown
Issuance of structured deposits surged almost 47% to $1.4t in the year through March.
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