VANGUARD Group unloaded its 49 per cent stake in a robo-advisory joint venture with Jack Ma-backed Ant Group, accelerating its exit from China’s 29 trillion yuan (S$5.45 trillion) mutual fund market.
FINCH Capital-backed payments firm Nomu Pay has agreed to acquire Wirecard's Asia-Pacific entities in Hong Kong, Malaysia, the Philippines and Thailand for an undisclosed sum.
THE downward spiral of China’s ailing property sector shows no sign of abating despite the government’s rollout of a seemingly endless series of supportive but as yet ineffective measures, with the crisis stretching for over three years.
ROBINHOOD Markets is taking a fresh look at its cryptocurrency offerings after the Securities and Exchange Commission cracked down this week on two top digital asset trading platforms, Dan Gallagher, the firm’s legal chief, told Congress on Tuesday.
GREAT Eastern Holdings on Monday posted a net profit of S$232.3 million for the second quarter ended June 30, 2021, 22 per cent lower than the S$297.5 million a year ago.
THE latest Singapore six-month Treasury bill (T-bill) is offering a cut-off yield of 3.76 per cent, up from the 3.65 per cent offered in the previous six-month auction.
