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INVESTMENT banks have ramped up projections for US interest rate rises following a hotter-than-expected inflation reading, with several now forecasting a 75-basis-point hike this week.

THE recent surge in emerging market (EM) sustainable bond volumes is likely to continue in the coming years despite near-term headwinds affecting certain markets, according to Moody’s ESG Solutions.

OCBC will continue to have an important role to play as an intermediary, even as new fintech and digital bank challengers emerge. Helen Wong, chief executive of the Singapore-listed bank, said OCBC is already harnessing technology to provide better service for its customers. As the Asian region grows,...

CHANDRA Mallika, a prominent figure in Singapore business circles, has been appointed chief country officer for Singapore by Deutsche Bank.

SUPER-RICH families looking to park some of their wealth in Singapore are unstopped by a more-stringent criteria to qualify for tax breaks, but may hit roadblocks on staffing and approvals.

BOTH deal volume and value for global private equity (PE) and venture capital (VC) entries for May 2022 fell to their lowest monthly totals in at least a year, new data from S&P Global Market Intelligence showed. 

OCBC has priced US$750 million worth of subordinated notes which are expected to qualify as Tier 2 capital of the bank.

ABOUT 60 DBS customers have each lost between S$60 and S$3,000 to recent phishing scams.

LITHIUM-ION battery manufacturer EoCell, an associate of Asti Holdings, has entered into a non-binding letter of intent with an unnamed publicly-traded special-purpose acquisition corporation (SPAC) for a potential combination.

THE stablecoin market shrank between end-March and end-May, largely due to the collapse of algorithmic stablecoin TerraUSD, said Fitch Ratings in a report on Tuesday (Jun 7).