BOTH deal volume and value for global private equity (PE) and venture capital (VC) entries for May 2022 fell to their lowest monthly totals in at least a year, new data from S&P Global Market Intelligence showed.
OCBC has priced US$750 million worth of subordinated notes which are expected to qualify as Tier 2 capital of the bank.
ABOUT 60 DBS customers have each lost between S$60 and S$3,000 to recent phishing scams.
LITHIUM-ION battery manufacturer EoCell, an associate of Asti Holdings, has entered into a non-binding letter of intent with an unnamed publicly-traded special-purpose acquisition corporation (SPAC) for a potential combination.
THE stablecoin market shrank between end-March and end-May, largely due to the collapse of algorithmic stablecoin TerraUSD, said Fitch Ratings in a report on Tuesday (Jun 7).
THE proportion of investors reporting net annual returns of over 16 per cent across the lifetime of their private equity (PE) portfolios is reaching record levels, according to a new survey by Coller Capital.
THE Reserve Bank of India’s key interest rate was raised by 50 basis points on Wednesday as widely expected, in the second hike in as many months, in a bid to curb persistently high inflation.
The monetary policy committee (MPC) raised the key lending rate or the repo rate...
RAVI Menon, managing director of the Monetary Authority of Singapore (MAS), will chair the advisory board of a new Asia-Pacific network that will support the net-zero transition of financial institutions in the region.
PRIVATE market exchange ADDX will now consider cryptocurrency assets in verifying accredited investors, becoming the first financial institution in Singapore to do so.
THE ongoing cryptocurrency rout, triggered in part by the <a href="https://www.businesstimes.com.sg/banking-finance/terrausd-stablecoins-co... target="_blank">collapse of popular stablecoin TerraUSD</a>, has sent regulators around the world scrambling to strengthen investor protection.