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US recovers US$225 million stolen in crypto scam

The US government said on Wednesday it recovered US$225 million in the largest seizure yet of money stolen in a...
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Coinbase launches stablecoin payments service for e-commerce

The company makes most of its money through transaction fees on the exchange’s cryptocurrency trades
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Blackstone’s ASK plans to hire 70 wealth bankers in India

The group has over 745 billion rupees in assets across alternative investment funds, portfolio management services and private wealth
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NAB pays A$751,200 penalty on breaches of consumer data rights rules

AUSTRALIA’S competition watchdog said on Thursday that the National Australia Bank had paid a fine of A$751,200 (S$629,000) over alleged breaches of...
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Standard Chartered cuts jobs in Singapore; moves them to India: Finance jobs portal

The bank is in the midst of a corporate cost-saving programme called “Fit for Growth” as it aims to return US$1.5 billion...
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Fed’s Powell says he expects to see more tariff-driven price hikes in coming months

Federal Reserve Chair Jerome Powell said on Wednesday goods price inflation will pick up over the course of the summer as...
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Fidelity, BlackRock target Chinese demand for offshore funds

Mainland investors, who have consistently contributed more than Hong Kong buyers, are increasingly drawn to overseas opportunities due to deflationary risks and...
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US Fed keeps rates steady but pencils in two cuts by end of 2025; Powell sees ‘meaningful’ inflation ahead

The US central bank held interest rates steady on Wednesday and policymakers signaled borrowing costs are still likely to fall in...
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DBS and Austrade ink deal to help Australian companies expand in South-east Asia

This is the first such MOU between the trade agency and a Singapore bank
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UBS, Pictet report data leak after cyberattack on provider, client data unaffected

Files containing details of tens of thousands of UBS employees were stolen, report says
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