ON MAY 26, the New York Times reported that the US Justice Department had dropped investigations into three US senators' stock trades conducted shortly after they had been privately briefed on the novel coronavirus in January. The politicians had dumped millions of dollars of shares in Exxon...
MAINBOARD-LISTED agri-business group Olam International and Deutsche Bank on Friday announced the execution of Asia’s first FX derivative linked to environmental, social and governance (ESG) key performance indicators (KPIs).
BUSINESSES which do not manage their environmental risk adequately could find themselves facing higher borrowing costs or limits on their loans down the road, if the proposed guidelines released by the Monetary Authority of Singapore (MAS) on Thursday are implemented.
GREAT Eastern will make a US$70 million investment in Axiata Digital's financial-services business to "participate in Axiata's growing fintech expansion plans in the region", said Great Eastern's group chief executive Khor Hock Seng on Thursday.
MORE contactless payment options are coming through in Singapore, with the Covid-19 outbreak underscoring the need for such forms of digital payments.
AN ANNUAL dinner where top bankers in Singapore gather, and where major banking announcements are made, will be postponed.
CHINA'S banking system is at the forefront of the country's recovery plan which could weaken the banks, already hampered by years of inefficient lending and slower economic growth.
LISTED companies in Singapore are increasingly tapping the US dollar (USD) bond market as they raise funds to strengthen their balance sheets amid the Covid-19 outbreak.
THE local bond market is opening up nicely with hot demand for the Singapore Technologies Telemedia (STT) perpetual deal, which has come hot on the heels of Swiss Re's S$350 million 15-year issue at 3.125 per cent done on Wednesday, pulling in orders of more than S$1.4...
BUSINESSES which do not manage their environmental risk adequately could find themselves facing higher borrowing costs or limits on their loans down the road, if the proposed guidelines released by the Monetary Authority of Singapore (MAS) on Thursday are accepted and implemented.











