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THE recent exit of Australian “buy now, pay later” (BNPL) player Zip from Singapore is yet another indication that such consumer lending companies are having to make tough decisions and consolidate their operations. Higher interest rates won’t help the situation.

Malaysia’s central bank is expected to raise its key overnight policy (OPR) by 25 basis points this Wednesday (Jul 6) after its next monetary policy committee meeting, said Maybank Investment Bank (Maybank IB) chief economist Suhaimi Ilias at a media briefing on Monday.

SOME central banks have taken a hit to their reserves amid inflationary pressures and geopolitical tensions, prompting others to mull higher allocations to China and the yuan, as almost all public asset owners explore new asset classes, products and investment strategies in the search for yield, a white...

.THE market is abuzz with speculation over the personal assets of Three Arrows Capital (3AC) founder Su Zhu, following news of the crypto hedge fund’s liquidation order by a British Virgin Islands court on Monday (Jun 27).

THE market is abuzz with speculation over the personal assets of Three Arrows Capital (3AC) founder Zhu Su, following news of the crypto hedge fund’s <a href="https://www.businesstimes.com.sg/banking-finance/crypto-hedge-fund-three... target="_blank">liquidation order</a> by a British Virgin Islands court on Monday (Jun 27).

THE 10-year average return for the August issue of the Singapore Savings Bond (SSB) has climbed to 3 per cent – the highest level recorded since its inception in October 2015.

THE 10-year average return for the August issue of the Singapore Savings Bond (SSB) has climbed to 3 per cent – the highest level recorded since its inception in October 2015.

RISING interest rates make fixed income products more enticing than they have been in years. But although rates on some fixed deposit products have nearly doubled in the last 2 months, the yields from Singapore Savings Bonds (SSBs) are proving hard to resist.

THE Monetary Authority of Singapore (MAS) has reprimanded Three Arrows Capital (3AC) for providing false information and exceeding the assets under management (AUM) threshold allowed for a registered fund management company. 

A young shaggy-haired American man called Sam Bankman-Fried is attempting to do what the late John Pierpoint Morgan did back in 1907, and save an entire financial system. Only this time, it’s the cryptocurrency world, not Wall Street banking.