ANT Group's latest regulatory woes in China are unlikely to derail its digital bank plans here in Singapore, but the recent clampdown on the Chinese tech giants may hurt the advancement of the digital banking ecosystem in the long run, said analysts.
AS the sterling pound (GBP) settles to more sensible levels following Christmas eve's Brexit deal, analysts largely agree that the pound's rally in the lead-up to the deal signing cannot be sustained, and any appreciation next year will be milder.
The completion of the long-awaited Brexit trade deal comes just as UK markets closed for the Christmas break, but things are set fair for next year when liquidity returns.
INVESTMENT banking firm AMTD International, which is dual-listed in New York and Singapore, has promoted William Fung to chief executive officer (CEO), succeeding Calvin Choi.
THE urgent need to fund Asia's prolonged fight against the pandemic has spilled over into the region's capital markets, via the issuance of social bonds that has more than tripled since the onset of Covid-19.
MORE than S$1 billion of home loans linked to Singapore Overnight Rate Average (Sora) - an alternative interest rate benchmark - was extended by OCBC Bank in less than six months since its launch, the lender said on Tuesday.
ZA Tech Global and the holding company of OVO Group have tied up to launch a new insurtech business in Indonesia, they said on Tuesday in a joint press statement.
CAPITAL markets platform iSTOX has listed a unicorn fund in digitised securities form, paving the way for accredited investors to access such funds with a minimum investment of US$20,000.
