AS Wirecard's insolvency administrator seeks to unravel the mischief done at the payments group, details about the extent of the fraud are coming to light - including the roles of Singapore-based players.
INVESTMENT banking activities in Singapore have risen US$1 billion in fees so far this year, a 34.4 per cent increase from 2020 as mergers and acquisitions (M&A) activity hit a record high.
FORGET saving up to afford what your heart desires. A multitude of players now offer "buy now, pay later" (BNPL) options, from publicly-listed Grab to online travel agent Traveloka to specialised players Atome and Pace.
UOB is bolstering its newly established private bank arm through its hire of Khoo Lin Wein as managing director and regional market head for South-east Asia.
THE ringgit will likely continue to weaken against the greenback next year even as Malaysia's economy recovers, with the currency's outlook hurt by a more hawkish US Federal Reserve, analysts said.
WITH interest rates coming off record lows, mortgage brokers are advising prospective homeowners and those looking to refinance to lock down fixed rates - where they are still hovering around a fairly low range - before the gap between fixed- and floating-rate financing widens.
OCBC and Cromwell European Real Estate Investment Trust (Cromwell E-Reit) have executed a 5-year sustainability-linked cross-currency swap which will be used to hedge any currency risks on the Reit's S$100 million fixed-rate perps issued in November.
INDONESIA is likely to see a tighter monetary policy in 2022 to support the country's slow economic recovery from the Covid-19 pandemic, according to a report by Fitch Solutions Country Risk and Industry Research released on Thursday (Dec 16).
THE pandemic-induced retail trading frenzy has sparked a flurry of new online brokers in Singapore as more consumers put their dollars to work on digital platforms.
