S&P Global Ratings said the default of troubled water and power company Hyflux could be the "first wagon in a train of financial distress cases" to come in Singapore, as lending conditions adjust to the economic slowdown and become less favourable.
S&P Global Ratings said the default of troubled water and power company, Hyflux, could be the "first wagon in a train of financial distress cases" to come in Singapore, as lending conditions adjust to the economic slowdown and become less favourable.
FINANCIAL crime is a trillion-dollar problem and the human cost is very real, affecting every facet of society: terrorism, facilitating drugs, prostitution or human trafficking trade, and increasingly, cyber crime.
AS MORE banks come aboard the blockchain wagon, US-headquartered startup Ripple is expanding its Asia-Pacific headquarters in Singapore to be more responsive to the needs of its regional customers.
ONE of Israel's most active venture funding outfits plans to raise between US$30 million and US$50 million with an Asian partner for its first Asia fund in the next 18 months, even as it watches with care the lofty valuations in the Asian startup scene, its top...
