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OCBC Bank has launched a new Sora-based home loan, which references the three-month compounded Singapore overnight rate average (Sora) that is published by the Monetary Authority of Singapore (MAS).

WHILE the Singapore government has ramped up efforts to save jobs amid the Covid-19 pandemic, the full impact on income is "far deeper and broad-based" than current economic numbers would suggest, with low-income earners bearing the brunt of the prolonged slump, fresh data from DBS showed.   ...

UBS, the world's largest wealth manager, is targeting for Asia to account for over 30 per cent of its global earnings, with the region set to emerge from the global health crisis much earlier than elsewhere in the world.

THE global pandemic was largely underestimated in the early days of the outbreak. Today, it has brought vast uncertainty, with the Singapore banks in recent times flagging current unknowns as relief measures mask the true damage of Covid-19.

KITCHEN solutions provider Kitchen Culture Holdings has proposed to acquire a 30 per cent interest in Big data credit management firm Ooway Technology for about S$23.9 million.

THE most visible payoff for the investment in technology in the financial sector over the years has been in how well the industry responded to the Covid-19 pandemic, said Ravi Menon, managing director of the Monetary Authority of Singapore (MAS) on Thursday.

FINANCIAL advisory and NTUC social enterprise MoneyOwl is reducing its annual advisory fees and absorbing its third-party platform fee, in initiatives to help Singaporeans cope with their finances more effectively.

Ant's dual listing is bad news for Wall Street. A chunk of the US$150 billion fintech giant will be sold on Shanghai's fledgling Star board, which is proving popular with big issuers and where fees for initial public offerings (IPOs) are as generous as in New...

AMTD Digital, a subsidiary of Singapore digital bank aspirant AMTD Group, on Thursday announced it has appointed Osman Faiz as its chief information and operating officer.

THE Monetary Authority of Singapore (MAS) will be committing S$250 million over the next three years to enhance an existing scheme as part of efforts to accelerate technology and innovation-driven growth in the financial sector.