THE fortunes of Asia's wealthiest have grown more polarising, with billionaires in the booming tech and healthcare sectors pulling ahead of their peers as the Covid-19 crisis accelerates the divergence.
THE Charles Schwab Corporation, the largest discount brokerage in the US financial world, has completed its acquisition of rival TD Ameritrade in an all-stock deal valued at about US$22 billion.
BELLAGRAPH Nova Group (BN Group) co-founder Terence Loh has resigned from the newly formed company, which was recently thrust into the spotlight for doctored photos of Barack Obama in its marketing materials.
DIGITAL payments firm Revolut has partnered with NTUC Income's micro-insurance platform, SNACK, to incorporate flexible insurance offerings on Revolut's app.
TELCO M1 and Safra are among some of Wirecard's former merchants experiencing disruptions to their payment services following the cessation of Wirecard's services in Singapore last week.
PROMPT payments fell to a new low in the third quarter of 2020, and accounted for less than two-fifths of total payment transactions, the Singapore Commercial Credit Bureau (SCCB) said on Tuesday.
TEMASEK Holdings will establish Seviora Holdings, a Singapore-based asset management group that will offer a broad range of multi-asset and multi-strategy investment expertise.
ANALYSTS see a mild positive from the latest move by the Singapore regulator to extend debt relief for certain individuals and small businesses into 2021.
CITI analysts remain "comfortable" with Singapore banks' credit cost forecasts even as debt relief for certain individuals and small businesses will be extended into 2021.
RAZER Fintech, the financial technology (fintech) arm of gaming peripherals brand Razer, is launching a virtual prepaid card targeted at youth and millennials in Singapore next January.
