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TRAINING subsidies for staff in the finance industry will soon be scaled down, as part of changes meant to support a focus on growth and priority areas in the sector.

WITH a first-year interest rate of 2 per cent and a 10-year average rate of 3 per cent - a record high - the August tranche of Singapore Savings Bonds (SSBs) will almost certainly be oversubscribed. It is a shame, however, that more Singaporeans aren’t applying for the...

AS international authorities launch probes into recent cryptocurrency-related collapses, Singapore’s regulators have also started moving. Industry players, however, are questioning if it is moving fast enough, and with sufficient force.

THE recent exit of Australian “buy now, pay later” (BNPL) player Zip from Singapore is yet another indication that such consumer lending companies are having to make tough decisions and consolidate their operations. Higher interest rates won’t help the situation.

Malaysia’s central bank is expected to raise its key overnight policy (OPR) by 25 basis points this Wednesday (Jul 6) after its next monetary policy committee meeting, said Maybank Investment Bank (Maybank IB) chief economist Suhaimi Ilias at a media briefing on Monday.

SOME central banks have taken a hit to their reserves amid inflationary pressures and geopolitical tensions, prompting others to mull higher allocations to China and the yuan, as almost all public asset owners explore new asset classes, products and investment strategies in the search for yield, a white...

.THE market is abuzz with speculation over the personal assets of Three Arrows Capital (3AC) founder Su Zhu, following news of the crypto hedge fund’s liquidation order by a British Virgin Islands court on Monday (Jun 27).

THE market is abuzz with speculation over the personal assets of Three Arrows Capital (3AC) founder Zhu Su, following news of the crypto hedge fund’s <a href="https://www.businesstimes.com.sg/banking-finance/crypto-hedge-fund-three... target="_blank">liquidation order</a> by a British Virgin Islands court on Monday (Jun 27).

THE 10-year average return for the August issue of the Singapore Savings Bond (SSB) has climbed to 3 per cent – the highest level recorded since its inception in October 2015.

THE 10-year average return for the August issue of the Singapore Savings Bond (SSB) has climbed to 3 per cent – the highest level recorded since its inception in October 2015.