A FULL-BLOWN direct cyberattack on a bank would cost it 20-35 per cent of quarterly profits, even when contingency measures are in place, the latest stress test by the Monetary Authority of Singapore (MAS) showed.
AUSTRALIAN-DOLLAR bears are probably on the prowl, with pundits expecting the currency Down Under going further down to 0.90 from the current 0.92 against the Singapore dollar, courtesy of the Reserve Bank of Australia's dovish stance and its view that quantitative easing is "an option".
FOLLOWING the success of its pilot issuance of Asia's first infrastructure project finance securitisation last year, Temasek-backed Clifford Capital now has plans to set up a platform to mobilise a new pool of institutional capital for infrastructure debt in Asia.
AMID global market uncertainties, funds under the Central Provident Fund Investment Scheme (CPFIS) registered slightly positive returns of 0.18 per cent on average for the third quarter ended Sept 30.
ASIA'S largest wealth manager UBS has taken a tactical "overweight" allocation on Asia-ex Japan equities, taking a bet that Chinese Internet players and 5G beneficiaries will see a boost in 2020.
SINGAPORE banks are likely to continue seeing compressed net interest margins (NIMs), deteriorating asset quality and slowing loan growth, all of which they experienced in the third quarter this year.
SINGAPORE'S initial public offering (IPO) market was up four times in funds this year, boosted by four real estate investment trusts (Reits) - Prime, Lendlease, Eagle Hospitality, and ARA Hospitality.
ONE question we often hear today is whether the recent surges in money market rates in the US and Hong Kong - that is, the US repo rate (repurchase agreement rate) and the HIBOR (Hong Kong Interbank Overnight Offered Rate) - serve as warning signs of a...
Any attempt at sweeping out a corner of India's financial system means bringing investors face to face with creepy crawlies. Disagreeable as the task is, it's also necessary.
UOB has partnered homegrown solar companies SolarGy, SolarPVExchange and Sunseap Group for the Singapore portion of its regional U-Solar programme, which connects Asian businesses and individuals with the lender's solar company partners to help clients go green by switching to solar power.
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