CGS-CIMB on Thursday said it believes the worst is over for Silverlake Axis, and expects the fintech firm's earnings to recover in FY21 ending next June following a weak set of results for its latest quarter.
AGRI-FOOD giant Wilmar International has obtained a S$200 million corporate loan pegged to the Singapore Overnight Rate Average (SORA), from DBS.
MAJOR banks in Thailand will likely increase their already substantial investments in technology and innovation over the next few years in a bid to remain competitive, said a report published by S&P Global Ratings on Wednesday.
Valuing billionaire Jack Ma's Ant Group, which filed its prospectus for a mega initial public offering (IPO) on Tuesday, will be more art than science. It looks like a financial-services company but sells itself as a technology firm. Is it a Mastercard or a PayPal? ...
ROBO-ADVISER StashAway will lower the projected interest rate for its cash management portfolio, StashAway Simple, from 1.9 per cent to 1.4 per cent from Sept 1, the startup announced in an e-mail to customers on Wednesday.
FUNDING for fintechs in the Asia-Pacific grew 9.1 per cent in the second quarter as investors shifted their bets to firms in Australia and South-east Asia.
MORE than half of the 11 finance roles picked for a study will be moderately to highly changed by technology in the next three to five years. Those in the two most junior roles will likely be taken over by machines, while the most senior roles will...
FUNDING for fintechs in the Asia-Pacific grew 9.1 per cent in the second quarter as investors shifted their bets to firms in Australia and South-east Asia.
THE Singdollar is likely to continue strengthening till next year amid a broad weakness of the greenback, in particular against the Chinese currency.
THE Network for Electronic Transfers (Nets) has partnered Singtel and Amazon Web Services (AWS) to provide more cross-border digital payment opportunities in South-east Asia.












