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THE Payment Services Act (PS Act) on Tuesday came into force, giving the regulator an expanded ambit to include new types of payment services, such as digital payment token services.

THE majority of fund managers are optimistic about emerging and other equities and economies, according to the latest Bank of America Merrill Lynch (BofAML) survey.

HONG Kong investment bank AMTD Group and the financial services arm of Chinese tech giant Xiaomi have joined hands with Singapore Management University (SMU) and the National University of Singapore (NUS) to create a fintech training programme for entrepreneurs, senior executives and policymakers.

HONG Kong investment bank AMTD Group and the financial services arm of Chinese tech giant Xiaomi have joined hands with Singapore Management University (SMU) and the National University of Singapore (NUS) to create a fintech training programme for entrepreneurs, senior executives and policymakers.

THE first European non-bank issuer has made its debut in the Singapore dollar (SGD) corporate hybrid bond market.

INCREASED market expectations that the Australian central bank will cut rates in the face of fallout from Australia's raging bush fires have pushed the Aussie unit down against its Singapore counterpart, with the cross-rate on Wednesday hitting its lowest since 2008.

HSBC Singapore on Thursday launched its first green deposit account for corporate clients. It will accept the Singdollar and US dollar, providing a simpler way for companies to support environmentally-friendly projects.

SHANGRI-LA Hotel Limited, the wholly-owned Singapore subsidiary of Shangri-La Asia Limited, will sell new S$250 million 10-year bonds at par.

TWO more Chinese players have made public their digital wholesale banking bids in Singapore, bringing the reported tally to seven Chinese names vying for these new licences here.

GIVEN the outsized interest from 21 digital banking aspirants looking to partake in Singapore's latest financial-sector shake-up, what are the incumbents to do?