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US$7 trillion data-centre boom is creating gaps in insurance cover within Apac: report

There are interconnected and concentrated risks in power, construction, operations, cybersecurity and downtime
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India’s central bank lifts rates for first time in nearly four years

The benchmark repurchase rate was raised by 25 basis points to 5.5%
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Featured

India’s central bank lifts rates for first time in nearly four years

The benchmark repurchase rate was raised by 25 basis points to 5.5%
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Featured

HSBC plans job cuts across UK wealth business in AI push: report

Affected employees are expected to leave by the end of the month
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S$7 billion wiped off OCBC value as shares slide 5.2% in heavy trade

It is also the top traded stock by value
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S$8 billion wiped off OCBC value as shares slide 5.8% in heavy trade

The lender is also the top traded stock by value
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RHB optimistic about Singapore banks even as OCBC sheds S$8 billion in value

Brokerage sees rising benchmark rates driving further growth in Singapore banks’ operating income
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Featured

OCBC sheds S$8 billion in value as shares close nearly 6% down; analysts cautious on banks

Citi downgrades OCBC to ‘sell’, but RHB maintains ‘overweight’ rating
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‘Legitimate concern’: JPMorgan CEO Dimon says Anthropic’s Mythos pushed cyber risk up 10 times

AI has ‘created vulnerabilities that we didn’t know about’, he notes
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South Korea investigates possible use of AI in hacks on its banks

Personal credit information have been leaked
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