BINANCE Holdings’ chief executive officer Changpeng ‘CZ’ Zhao claimed there was a lot of investor interest in a crypto industry recovery fund he plans to set up.
CHINA’S property slump is estimated to cost the nation’s banking system as much as 1.5 trillion yuan (S$291 billion) in losses on loans, bonds and other assets, according to UBS Group.
AN intense battle to stem currency declines in the face of dollar strength is reminding some emerging markets of the trauma inflicted by the 1997 Asian financial crisis. Just ask authorities in the Philippines.
COMPETITION for cash has gone beyond the savings in customers’ bank accounts, OCBC is now asking Central Provident Fund (CPF) members to place their ordinary account savings for fixed deposit at 3.4 per cent per annum.
DBS on Wednesday (Nov 16) said it will open a representative office in Dhaka, Bangladesh and has appointed Tahsina Banu as chief representative.
JPMORGAN Chase & Co is on the hunt for buyouts to lend to and is hoping to gain market share in leveraged financing after avoiding the dozens of clunkers that have cost competitors billions of dollars.  
AT the recent Singapore Fintech Festival (SFF), I bought lunch for myself using some digital Singapore dollars. The experience was rather underwhelming – it reminded me of the process of using the digital Community Development Council (CDC) vouchers, except it was more unwieldy.
The pound climbed to its strongest level in three months against the dollar, as fresh data added to evidence that the pace of price growth in the US may have peaked.
Regulators need to stay agile and leverage experiences to control the risks that will naturally arise from innovations in the financial-services space, panellists at the Abu Dhabi Finance Week 2022 said on Tuesday (Nov 15).
The euro, sterling and the Swedish krona rose sharply against the US dollar on Tuesday (Nov 15) as traders assessed a slew of economic data, including UK and eurozone job figures, plus German economic sentiment.
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