SINGAPORE’S courts have granted a proprietary injunction to freeze the sale and ownership transfer of a Bored Ape Yacht Club (BAYC) non-fungible token (NFT), on behalf of a Singaporean investor against an unknown defendant.
CHICAGO Federal Reserve Bank President Charles Evans on Tuesday said he supports moving to a shallower rate-hike path by July or September to allow the Fed time to assess inflation and the job market as it pushes borrowing costs up to neutral, and likely beyond.
“I think front-loading is...
DBS will launch 5 new platform partnerships with integrated digital and supply chain financing capabilities by the end of 2022, with over 15,000 small and medium-sized enterprises (SMEs) across Asia set to benefit.
WHILE investors debate whether China is still investible, global financial institutions including DBS and OCBC in Singapore are expanding operations in the mainland, shrugging off the geopolitical tensions as short-term bumps for a lucrative future.
Last year, The Business Times outlined how some of the world’s largest automakers are <a href="https://www.businesstimes.com.sg/sites/default/files/attachment/2021/05/... target="_blank">moving towards a battery-powered agenda</a>. These goals are getting bigger. We survey some popular car brands for their latest electrification target.
MITIGATING climate change and addressing climate risk will be among the most important challenges humanity will be focusing on, now and in years to come.
INSURERS in Asia saw overall margins and profits from new business rebound last year from the 2020 lows, partly owing to how the pandemic pushed solutions for life and health protection to the forefront for consumers. At the same time, the Covid-19-led downturn has also spurred insurers to...
FINTECH companies in the Asia-Pacific raised US$3.33 billion over 186 deals in the first quarter of 2022, surpassing previous deal values and volumes recorded in the March quarter over the past 3 years.
IT started as a small thrill, and hopes that the US$1,000 invested in Terra’s USD (UST) will repeat what Bitcoin did for its investors when it skyrocketed from US$1,000 to US$20,000 in 2017.
STABLECOINS are proving to be not so stable after TerraUSD (UST) which is meant to keep a 1-to-1 peg with the US dollar lost more than 70 percent of its value in a matter of days, burning investors and leaving regulators exasperated that their warnings have fallen on...












