HOME-GROWN insurer Singlife announced on Monday (Jan 2) that it has won the public tender to remain the official insurer of Ministry of Defence (Mindef) and Ministry of Home Affairs (MHA) personnel for life and personal accident insurance coverage.
GERMAN government bond yields dropped from their highest levels in more than a decade in the first trading day of 2023 as investors braced for inflation data amid more hawkish signals from the European Central Bank (ECB).
DEUTSCHE Bank confirmed it faces a higher capital requirement as its main regulator pushes lenders to dial back the risks that they face in the lucrative business of leveraged finance.
CHINA’S securities regulator said on Friday (Dec 30) that online brokerages Futu Holding and UP Fintech Holding have conducted unlawful securities businesses, and will be banned from opening new accounts from mainland Chinese investors.
THAILAND’S household debt to gross domestic product ratio dropped to 86.8 per cent in the third quarter from 88.1 per cent in the previous quarter, central bank data showed on Friday (Dec 30), as the economy continued to recover.
INDIAN asset reconstruction companies, which once attracted global investors on hopes of large fees in the resolution of soured loans, are losing lustre as the bad loan situation improves and regulatory changes bite.
JAPANESE long-term bond yields came off their highs on Friday (Dec 30) after the central bank carried out special bond purchase operations for a third consecutive day, and as dollar yields too dipped in thin trading on the final working day of the year.
THE Securities Commission of the Bahamas directed the transfer of all digital assets in FTX’s Bahamas unit FTX Digital Markets that were valued at more than US$3.5 billion to digital wallets controlled by the commission, it said on Thursday (Dec 29).
