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MAS inks pact to promote fintech collaboration between Singapore and China

THE Monetary Authority of Singapore (MAS) on Monday signed a cooperation agreement that will promote academic exchanges, information sharing and research cooperation in fintech, with the Asia-Pacific Future Financial Research Institute (AFF), a non-profit organisation and think tank.

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Hot stock: DBS shares tumble 1.88% following Citi downgrade; UOB, OCBC also slide more than 1%

DBS shares declined as much as 1.88 per cent during Monday morning's trading session following Citi Investment Research's downgrade of its shares to "neutral" from "buy". The lender's shares were down 1.7 per cent, or S$0.45, as at 10.41am.

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Hot stock: DBS shares tumble 2% following Citi downgrade; UOB, OCBC also slide more than 1%

DBS shares declined 2 per cent, or S$0.53, as at 3.13pm following Citi Investment Research's downgrade of its shares to "neutral" from "buy" on Monday.

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Marvelstone silent on progress of its plans; web page blank; Lattice 80 UK dissolved

MARVELSTONE Group has previously said that it makes fintech investments, and builds hubs in artificial intelligence and cryptocurrencies, with founder Joe Cho Seunghyun and his wife Gina Heng making appearances at international tech conferences as representatives of Marvelstone.

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Man behind fintech hub Lattice80 locked in legal disputes in Seoul, Singapore

THE MAN behind Marvelstone Group - which calls itself a fintech group - is being sued in his home country of South Korea for allegedly failing to pay contractually promised returns to investors.

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Why you should root for the Uber IPO to fail

UBER'S initial public offering (IPO) is yet another chance for Uber and its detractors to sell their competing ideas of what this company represents.

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OCBC makes additional allowances on its exposure to OSV sector

OCBC Bank's decision to take a bigger cushion on its exposure to the offshore support vessels and services (OSV) sector may signal the end of Singapore banks' forbearance for the beleaguered industry.

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Trade tensions roll back into frame for Singapore banks

PERHAPS it is more fitting today to say that when US President Donald Trump tweets, the world catches a cold.

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OCBC joins Singapore lenders facing slowdown in home loans

OCBC Bank, like the other two Singapore lenders, is feeling the chill of last year's property cooling measures with its mortgage book "reduced visibly" for the first quarter of 2019.

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DBS Global Income Note raises over S$1b in 3 months

DBS has raised over S$1 billion from its DBS Global Income Note in the three months since its January launch with strong interest from its private banking clients, South-east Asia's largest lender announced on Friday.

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