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SINGAPORE’S banking trio are expected to reap substantial gains in the third quarter of 2022, as interest rate hikes finally make themselves felt considerably in the local financing environment.

THE measures newly proposed by the Monetary Authority of Singapore (MAS) to protect retail cryptocurrency traders offer regulatory clarity in a nascent but risky space. Enforcement measures remain elusive, however, particularly because the crypto industry is one characterised by anonymity.

THE Monetary Authority of Singapore (MAS) has released a consultation paper to get conversations started on reducing risks for retail customers dabbling in cryptocurrency. Among the suite of measures it has proposed to this end are the restricting of cryptocurrency trading via credit, implementing customer-knowledge assessments, and prohibiting...

HOMEOWNERS in Singapore are spending more of their monthly income on mortgage repayments, according to a Tuesday (Oct 25) report by Moody’s Investors Service. 

OCBC has become a signatory to the United Nations-convened Net-Zero Banking Alliance (NZBA), which now has 119 member banks across 41 countries to represent close to 40 per cent of global banking assets amounting to US$70 trillion.

Small and medium-sized enterprises (SMEs) are the backbone of South-east Asian economies. They account for 89 to 99 per cent of the total count of establishments in the region and contribute anything between 30 and 53 per cent of each country’s gross domestic product.

WHEN it comes to preventing climate change, our strongest ally is nature itself, but the drive to unleash nature’s full potential to absorb carbon, prevent floods and heal from years of abuse is struggling.

UNICREDIT Bank has lost its claims to recover US$37 million from Glencore Singapore in a transaction related to liquidated oil trader Hin Leong as Singapore’s High Court ruled that Glencore did not defraud or deceive the bank into issuing the letter of credit.

THE alternatives sector continued to serve as a key driver of Singapore’s assets under management (AUM) growth, propelling the city state to outpace the global asset management industry for 2021.

STANDARD Chartered on Thursday (Oct 20) announced the appointment of James Lye as its global head of international banking with effect from Nov 1.