UNSURPRISINGLY, housing loans in Singapore shrank for the fifth straight month in May, as cooling measures introduced last July continued to work their way through the property market .
THE 5G race around the world is a closely watched one as it ushers us into an era of hyperconnectivity like no other.
LAST week, the Bank of England released the result of an independent review of the future of finance, together with its response. As if to prove the importance of these issues, Facebook and 27 partners announced a plan for a global digital currency to be called Libra,...
THE latest statement by the Fed all but confirmed an upcoming rate cut in the months ahead. While the dovish U-turn made by Fed chairman Jerome Powell since December has definitely brought relief to the market, the fact is that the data-driven Fed of 2018 has been...
AS THE drums sound louder on the landing of virtual banks in Singapore, analysts are warning that incumbents need to squeeze more from their digital pursuits to fend off the attack by large fintechs.
WITHIN a span of just two years, Singapore saw a near-threefold increase in its use of fintech products and services, according to research by global professional services firm EY.
HSBC Private Banking has closed its Vision Private Equity 2019 fund (Vision 2019), raising over US$250 million globally, with nearly half of the capital from clients in Asia.
HIGH-NET-WORTH (HNW) investors in Asia have increased their allocation in sustainable investments to almost a fifth (19 per cent) of their portfolios, with China leading the way, according to a review by Standard Chartered Private Bank.
SINGAPORE bank stocks are starting to look more attractive at current levels while its Reits are beginning to look overpriced, said UBS Global Wealth Management in its July CIO Investing in Asia Pacific monthly report.
CORPORATE and institutional customers in Asia are highly satisfied with the banking products and services provided by Singapore’s DBS Bank, United Overseas Bank (UOB) and OCBC Bank, according to a twice-yearly survey by specialist research and consulting firm East & Partners Asia.