THE heightened pressure on Singapore banks to prove their mettle amid Big Tech disruption means an ongoing rewrite in how digital banking is showing off richer returns.
THE latest issuance of private equity-backed (PE) bonds by the Azalea Group opens for public subscription today, this time with a larger retail tranche to cater for an expected strong demand.
LION Global Investors, a subsidiary of Great Eastern Holdings, is looking to divest a unit to Bank of Singapore for RM24.9 million (S$8.16 million). Great Eastern is OCBC Bank's insurance arm, while Bank of Singapore is OCBC's private banking arm.
THE Singapore Police Force is advising the public to be wary of receiving counterfeit S$50 and S$100 portrait series Singapore currency notes, according to an advisory issued on Tuesday afternoon.
CLOUD company Deskera is partnering peer-to-peer financing platform, Funding Societies, to offer digital alternative lending solutions that allow small and medium-sized enterprises (SMEs) to apply for funds quickly without any paperwork.
UOB Venture Management, the private equity unit of UOB, is expanding its impact investing efforts with the launch of its second Asia impact fund in the second half of this year.
ALREADY, one megadeal is at risk because of the US-China trade spat: a massive order by Chinese airlines for Boeing Co planes that may be worth more than US$30 billion. The deal, important to both sides, may take a precarious turn because of escalating tensions between their countries....
CHINESE debt is a potential billion-dollar market for international credit-rating companies. It's also one riven with pitfalls.
LOCAL companies will likely face a profit slowdown this year on the back of the US-China trade war, which shows no signs of easing, as well as property cooling measures that kicked in last July, said Ang Tang Chor, president of Hong Leong Finance.
THE Monetary Authority of Singapore (MAS) on Tuesday said it has imposed a civil penalty of S$336,000 on Singaporean Raphael Tham Wai Mun for insider trading in the shares of Auhua Clean Energy PLC (ACE), which is listed on the London Stock Exchange.