INCOME from lower-risk investments is a highly prized attribute, but it is elusive. As at mid-December an estimated US$18 trillion of government debt is negative yielding globally, of which investment grade debt's share is 27 per cent.
INVESTMENT into the region may be down thanks to the Covid-19 pandemic, but UOB's foreign direct investment (FDI) advisory team still sees strong interest from companies according to Ian Wong, head of group international management at UOB.
DBS is facing legal tussles in India arising from its recent takeover of troubled Lakshmi Vilas Bank (LVB), but maintains that provisions have already been made on this front.
THE new Significant Infrastructure Government Loan Act (SINGA) bonds will qualify as liquid assets that financial institutions (FIs) can hold to meet regulatory requirements, The Business Times has learnt.
SINGAPORE banks may see some margin compression as the industry transitions to risk-free reference rates, but there is no race to the bottom for loan pricing in the next few years, said analysts.
THE Singapore courts have dismissed allegations of fraud against Singapore-based marketing consultant Capital Asia Group (CAG) and its sole director brought by more than 1,000 multinational investors over an oil investment scheme.
DIGITAL asset company Sygnum - which has operations in Singapore and Switzerland - has secured an eight-figure US-dollar investment from the digital asset arm of Japan's SBI Group, SBI Digital Asset Holdings.
HSBC will soon announce a new Singapore chief executive (CEO) to succeed Tony Cripps, who will be leaving for the Saudi British Bank (SABB), says an internal memo signed by the bank's deputy chairman and chief executive Peter Wong and seen by The Business Times.
