CONFIDENCE in the Indian financial system has been breaking down for some time. Instead of trying to restore trust, it may be time to require less of it - with the help of an official rupee cryptocurrency.
AMID market routs over mounting fears of Covid-19's impact on economic and business growth, private banks in the region are still reporting healthy trading volumes.
OCBC Bank now allows customers to immediately encash their cash cheques at all its next-generation ATMs across 23 branches, for a maximum of S$30,000 in a single cheque.
RIDE-HAILING firm Grab has inked a partnership with Wirecard which will see the German payments company process GrabPay e-wallet transactions and integrate it as a payment method for its merchants, Wirecard said on Wednesday.
INSURER AIA Singapore posted a 6 per cent rise in operating profit after tax to US$583 million for fiscal 2019 from US$558 million a year ago, it said on Thursday.
JEFFERIES Research on Wednesday upgraded OCBC to a "buy" amid the recent sell-down on Singapore banks, arguing as well that the local trio have historically resilient earnings and dividend cushion.
PRUDENTIAL has unveiled plans to list its US unit Jackson National Life, two weeks after billionaire activist hedge fund manager Daniel Loeb called on the board of the giant insurance group to separate its Asian and US businesses.
JEFFERIES Research on Wednesday upgraded OCBC to "buy" amid the recent sell-down on Singapore banks, arguing as well that the local trio have historically resilient earnings and dividend cushion.
