Featured Archives • Page 941 of 1386 • Financial News

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Crypto starts year with low trading volume after 2022 downturn

CRYPTOCURRENCIES are starting the year with a whimper as trading volumes remain desiccated in the wake of 2022’s numerous industry scandals and meltdowns.

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US bank watchdogs issue joint warning on crypto activities

THE top US bank regulators issued a fresh warning to lenders about the risks associated with delving into crypto.

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BlackRock, Citigroup among firms named fossil-fuel boycotters by Kentucky

BLACKROCK, Citigroup, and JPMorgan Chase & Co are among 11 financial institutions that are facing pushback from Kentucky after being deemed hostile to the fossil fuel industry.

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Reinsurers hike rates, exclude Russia and Ukraine: brokers

GLOBAL insurers face a testing 2023, as reinsurers hike rates on key business lines by as much as 200 per cent from Jan 1, and pull back from underwriting risk in Russia, Ukraine and Belarus. This was indicated by reinsurance brokers’ reports on Tuesday (Jan 3).

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Singapore Savings Bond opens for Feb issuance with interest rates under 3%

THE interest rates for the latest Singapore Savings Bond (SSB) have further slipped to 2.84 per cent for the first year and 2.97 per cent for the 10-year average, even as other short-term market investment products offer yields around 4 per cent.

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Singapore Savings Bond opens for February issuance with interest rates under 3%

THE interest rates for the latest Singapore Savings Bond (SSB) have further slipped to 2.84 per cent for the first year and 2.97 per cent for the 10-year average, even as other short-term market investment products offer yields of around 4 per cent.

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Indian state-run companies to remain exempt from public shareholding norms

STATE-RUN companies in India will continue to be exempt from the minimum public shareholding (MPS) norm that requires listed companies to maintain a 25 per cent public shareholding, the government said late on Monday (Jan 2).

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China securities regulator to check brokers’ financing needs after Huatai share plan

CHINA’S securities regulator said it would fully check securities firms’ financing needs, after Huatai Securities proposed a share placement plan that would be one of the biggest in the country’s brokerage industry.

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Hong Kong to raise up to US$5b in green bonds: sources

HONG Kong aims to raise up to the equivalent of US$5 billion in a US dollar, euro and offshore Chinese yuan green bond issuance, sources with direct knowledge of the matter said.

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Bank of Korea pledges coordination to soften economic landing

BANK of Korea governor Rhee Chang-yong said the central bank will do its best to coordinate policy with the government to ensure the economy has a soft landing at a time when the country faces an array of headwinds from falling exports to a weakening property market.

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