THIS past week, nine in 10 Singaporeans would have received a one-off payment of S$600 from the government, to help them cope with the economic fallout of Covid-19. Meanwhile, shareholders of HSBC Holdings - including myself - did not receive the company's fourth interim dividend for 2019...
HONG KONG financial services firm AMTD Group and its charity foundation have partnered the Asean Financial Innovation Network to establish a S$50 million fund to support regional fintech firms during the Covid-19 pandemic.
WHILE financial institutions remain open in Singapore as one of the essential services exempted from workplace closures, the Monetary Authority of Singapore (MAS) is urging people to minimise visits to their premises during the current "circuit-breaker" period.
SINGAPORE peer-to-peer lender Validus Capital in March registered a 50 to 75 per cent jump in applications for unsecured loans, a sign of credit demand from cash-strapped enterprises hit by the virus outbreak.
SINGAPORE's three local banks have a combined exposure of at least US$600 million to troubled oil trader Hin Leong Trading, sources familiar with the matter have told The Business Times.
IN 2008, as the global financial system was melting down, America's largest banks continued paying dividends. Those shareholder payouts were made both by institutions that were holding up amid the storm, like Bank of America, and by companies that were teetering on the brink. Both Lehman Brothers...
SINGAPORE-BASED private equity firm Chartered Group is raising a US$500 million fund that seeks to invest in Israel-related deep tech firms and incubate them in Japan, as part of a collaboration with Mafat, the research and development unit of Israel's Ministry of Defence.
SINGAPORE'S Big Three banks saw a surge in enterprise loan applications in the past two months, with the majority of requests coming from micro and small businesses under siege from the virus pandemic.
WITH the wide curbs on movement and the push to work from home amid the Covid-19 pandemic, more consumers here are turning to digital banking.