CHINA’S central bank said on Monday (Jul 1) that it would borrow treasury bonds from some primary dealers in open market operations in the near future, in what traders and analysts believe is a move to stabilise plummeting yields.
CYBER insurance premiums are falling globally as businesses become more adept in curbing their losses from cyber crime, even as ransomware attacks are rising, broker Howden said in a report on Monday (Jul 1).
THE risk of digital payment token (DPT) service providers facilitating terrorism financing was raised from “medium-low” to “medium-high” as part of the latest refresh of Singapore’s terrorism financing national risk assessment.
THE head of HSBC Holdings’s private bank is planning a fresh recruiting drive as part of her bid to regain the title of Asia’s biggest wealth manager from UBS Group.
CIMB Singapore said its core banking systems and customer accounts were not compromised, after some customers reported having zero or negative balances in their accounts.
AS THE second-quarter draws to a close, crypto investors are left wondering what’s next for Bitcoin after it retreated from the all-time highs registered during the height of the mania over exchange-traded funds (ETFs).
BLACKROCK is nearing a £2 billion (S$3.4 billion) deal to acquire private capital database provider Preqin, according to sources with knowledge of the matter.
BLACKROCK will acquire private capital database provider Preqin for US$3.2 billion in cash, as the world’s largest money manager accelerates its push to become a major player in alternative assets.
