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Franklin Templeton hires ex-Calpers investment chief as Asia-Pac chairman

Franklin Templeton has appointed the former chief investment officer for the biggest US pension fund - the California Public Employees Retirement System (Calpers) - as chairman of Asia Pacific.

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UOB Asset Management sees jump in SMEs investing online

MORE corporates are going online to invest, UOB Asset Management (UOBAM) said on Monday.

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MAS launches global challenge to promote AI adoption in financial sector

THE Monetary Authority of Singapore (MAS) has launched the Global Veritas Challenge to promote the adoption of artificial intelligence (AI) solutions in the financial sector, it said on Monday in a statement.

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Lion Global, OCBC Securities to list China-focused ETF on SGX in August

LION Global Investors and OCBC Securities will be listing Singapore's first China-focused exchange-traded fund (ETF) on Aug 2, OCBC said in a press statement on Monday.

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Bond funds as safe haven for 4% return? Morningstar study flags hidden risks

A LARGE number of income funds - which typically hold bonds - sold in Singapore, Hong Kong, and Taiwan tend to pay much higher yields to their clients than some others available in the market.

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DBS to turn Newton office building into net zero development

DBS will invest over S$5 million to convert a four-storey office building in Newton into a zero-energy building. This will be Singapore's first net zero development by a bank, DBS said on Friday.

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MAS panel to clarify liability of parties in e-payment scams

THE Monetary Authority of Singapore (MAS) is working with banks and key payment players to provide "fair, clear and consistent approaches" for liability apportionment for fraudulent e-payment transactions, said Desmond Tan, Minister of State for Home Affairs.

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MAS and French central bank complete wholesale cross-border payment and settlement experiment using CBDC

THE Monetary Authority of Singapore (MAS) and French central bank Banque de France announced on Thursday that they have successfully completed a wholesale cross-border payment and settlement experiment using central bank digital currency (CBDC).

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Kitchen Culture board terminates services of CEO on ‘grave misconduct’

KITCHEN Culture Holdings on Thursday said it terminated the employment of Lim Wee Li as chief executive officer (CEO) with immediate effect.

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Kitchen Culture board dismisses CEO over ‘grave misconduct’ affecting the company’s business

KITCHEN Culture Holdings on Thursday said it terminated the employment of Lim Wee Li as chief executive officer (CEO) with immediate effect.

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