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In crypto, you hardly find anyone sitting on the fence. Most are either bulls or bears. But like all things in life, very little is purely in black and white.

In 1492, when Christopher Columbus set sail for India, most people believed that the world was flat. While Columbus never did find India as he sailed west, he famously exclaimed: “The world is round!”

The situation may look like a paradox at first glance.

This year has been nothing less than a whirlwind of changes, with economies in Asia gradually reopening, uncertainties from geopolitics, inflation, US Federal Reserve rate hikes and so on.

FUNDS under the CPF Investment Scheme (CPFIS) lost an average of 14.2 per cent on a 1-year cumulative basis for the period ended Jun 30, as rising interest rates and recession fears hit global stock and bond markets.

THE yield on the 1-year Singapore Treasury bill (T-bill) has averaged 2.8 per cent so far this month as short-term interest rates move up, but investors eyeing higher yields for the increasingly popular Singapore Savings Bonds (SSB) should not expect a similar pattern for these long-term instruments.

REAL estate-focused investment holding company Tuan Sing Holdings has proposed to acquire and privatise commodities trading group SP Corporation via a scheme of arrangement.

PUB has established a new green financing framework to fund its planned and future green projects, with plans to launch green bonds later this month.

UOB and Doxa signed a memorandum-of-understanding (MOU) with Kimly Construction for the execution of the trio’s first green trade finance transaction together and as part of a industry-wide move to enable companies to move their procurement and trade financing processes online, the bank announced in a press statement...

MOBILE payments platform FOMO Pay has snagged a US$13 million investment led by Jump Crypto, a division of Chicago trading firm Jump Trading Group.