THE cut-off yield on the latest six-month Singapore’s Treasury bill (T-bill) that closed on Thursday (Dec 8) shot to 4.4 per cent, the second highest since the return last peaked at 4.73 per cent in 1988.
THE cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) that closed on Thursday (Dec 8) shot up to 4.4 per cent, the second highest since the return last peaked at 4.73 per cent in 1988.
PHILIPPINE lawmakers are looking to tap central bank profits to seed a proposed sovereign wealth fund, after an earlier plan to use pension funds for the purpose triggered opposition.
MASAYOSHI Son has quietly tightened his grip on SoftBank Group during a tumultuous market downturn, edging closer to the point where he could bid to take the world’s largest technology investor private.
COINBASE Global chief executive officer Brian Armstrong said the cryptocurrency exchange’s revenue is set to be cut by half or more this year as declining prices and the collapse of rival FTX rattle investors’ confidence.
AUSTRALIA is keeping an open mind on a central bank digital currency (CBDC), a senior Reserve Bank (RBA) official said, while adding it remains to be convinced there’s a case for one in a country with easy financial and cash access.
CREDIT Suisse cleared the first hurdle towards kick-starting a long-awaited US$440 million lawsuit against SoftBank stemming from the spectacular collapse of finance firm Greensill Capital.
APPLYING the remaining set of global bank capital rules in Britain will increase capital requirements by about 6 per cent by the end of the decade, the Bank of England said on Wednesday (Dec 7).
BARCLAYS has appointed Alistair Currie as its chief operating officer (COO), replacing Mark Ashton-Rigby in a management reshuffle by chief executive CS Venkatakrishnan.
