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Hong Kong may have been seeing money flow out as the city's turmoil undermines its reputation as a stable financial centre, but one important source of capital keeps on coming: cash for initial public offerings (IPOs).

THERE is no compelling reason for central banks to issue digital currencies, said managing director of the Monetary Authority of Singapore (MAS) Ravi Menon.

SINGAPORE will take an "open mind" towards a new breed of cryptocurrencies known as stablecoins - with Facebook’s Libra the most famous example - but is wary of the risks they pose to central banks' control over monetary policy, said managing director of the Monetary Authority of...

NEW digital banks in Singapore could push interest rates higher amid heightened competition, said managing director of the Monetary Authority of Singapore (MAS) Ravi Menon.

FACEBOOK Inc's idea of a global cryptocurrency may get demoted to something more humble. You can almost hear a collective sigh of relief from Asian central banks.

FOLLOWING a beta launch in Singapore earlier this year that amassed more than 30,000 customers, digital payments unicorn Revolut officially rolled out its services to the public today.

DEUTSCHE Bank Wealth Management on Wednesday said it has appointed Rajesh Mahadevan as its head of global products and solutions (GPS) for emerging markets, as it extends its product capabilities in the Asia-Pacific, the Middle East and Africa region.

IN THE fierce competition for talent, how do unicorns like Grab and Razer lure top guns away from more established businesses? With "offers they cannot refuse".

UOB has launched a programme that connects Asian businesses and individuals with its solar company partners to help clients go green and switch to solar power, it said on Tuesday.

WEWORK'S valuation keeps sliding. SoftBank Group, its largest outside investor, is now targetting US$8 billion through a rescue package it's putting together, according to Bloomberg News. But Masayoshi Son ought to be careful. While the deal may set a floor under WeWork, it could also diminish his...