Featured Archives • Page 1033 of 1267 • Financial News

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Singapore digital banks face hard slog but incumbents can’t sit pretty either

SINGAPORE'S first digital banks will need to focus on building trust and managing acquisition costs to succeed in the long run, analysts say.

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Boris Johnson unleashes the animal spirits with Brexit deal

The completion of the long-awaited Brexit trade deal comes just as UK markets closed for the Christmas break, but things are set fair for next year when liquidity returns.

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AMTD International gets new CEO, chairman, vice-chairman

INVESTMENT banking firm AMTD International, which is dual-listed in New York and Singapore, has promoted William Fung to chief executive officer (CEO), succeeding Calvin Choi.

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Asiapac social bonds closing in on US$10b; robust growth seen for 2021

THE urgent need to fund Asia's prolonged fight against the pandemic has spilled over into the region's capital markets, via the issuance of social bonds that has more than tripled since the onset of Covid-19.

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OCBC extends more than S$1b in Sora-linked home loans since launch

MORE than S$1 billion of home loans linked to Singapore Overnight Rate Average (Sora) - an alternative interest rate benchmark - was extended by OCBC Bank in less than six months since its launch, the lender said on Tuesday.

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ZA Tech, OVO to launch new insurtech business in Indonesia

ZA Tech Global and the holding company of OVO Group have tied up to launch a new insurtech business in Indonesia, they said on Tuesday in a joint press statement.

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SGX-backed iSTOX lists unicorn fund with US$20,000 minimum investment

CAPITAL markets platform iSTOX has listed a unicorn fund in digitised securities form, paving the way for accredited investors to access such funds with a minimum investment of US$20,000.

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OCBC extended more than S$1b in Sora-linked home loans since launch

MORE than S$1 billion of home loans linked to Sora (Singapore Overnight Rate Average) - an alternative interest rate benchmark - was extended by OCBC Bank in less than six months since its launch, the lender said on Tuesday.

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MediShield report: Panel of oncologists to look into high cost of cancer drugs

CHEMOTHERAPY claims have risen significantly for MediShield Life, and what is worrying is that the cost of cancer drugs in Singapore is also markedly higher than some places in the region.

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Aleta Planet launches AP-1 virtual card that allows foreigners to make cashless payments in and to China

AFTER some delays due to the Covid-19 pandemic, Aleta Planet has finally launched on Friday its AP-1 virtual card, which will allow Singaporeans and foreigners to make cashless payments like a local when they are in China, without the need to set up a bank account there.

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