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CONSUMER loans in Singapore continued to dive in April, with credit card loans clocking their steepest fall as the Republic's "circuit breaker" took effect on April 7, keeping people at home and most retail outlets shut.

KGI Securities has initiated coverage on iFast Corporation with an "outperform" call and target price of S$1.21.

CITI Singapore will extend its work-from-home arrangements till July even as "circuit-breaker" measures ease from June 1. 

SINGAPORE'S one-month Swap Offer Rate (SOR) fell briefly below zero last Wednesday for the first time since 2011, raising the spectre that the Republic could be following in the footsteps of other countries with persistent negative rates.

THE Monetary Authority of Singapore (MAS) will be developing "fairness metrics" in credit-risk scoring and customer marketing under the first phase of its "Veritas" initiative.

YEARS before Covid-19 struck, a shift was underway in Singapore's financial landscape: digital banking and payment solutions were slowly, but steadily, gaining traction among consumers and merchants. The novel coronavirus outbreak, which has forced the implementation of social distancing measures and essentially driven people indoors for safety,...

THE Monetary Authority of Singapore (MAS) will be developing fairness metrics in credit risk scoring and customer marketing as part of the first phase of its Veritas initiative.

OVER the coming months, we are going to emerge from global lockdown into an economy over which the Covid-19 virus will cast its long shadow. But does that have to be the end of the story?

THE National University of Singapore (NUS) has raised S$300 million through its first green bond issuance.

IT SEEMS like a natural course correction with the virus outbreak. As banks have to limit physical interactions with customers, more transactions are moving online.