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NUMBERS from Singapore's largest bank DBS put to rest earlier concerns of a "cliff effect" from deferring mortgage payments, a scenario where many, especially the most vulnerable, may not be financially prepared to make payments when moratoriums are promptly rolled back.

WHILE they stare quietly at their models, macroeconomists are hearing the distant rumble of revolt. A year ago, the Nobel laureate economist Joseph Stiglitz announced that capitalism was undergoing "yet another existential crisis", with "neoliberal ideology" to blame. Now Robert Skidelsky has proclaimed the arrival of a "silent...

SINGAPORE'S number of ultra-wealthy people continued growing strongly in the 2019-2020 period despite the pandemic, making it the Asian country with the second highest rate of growth in this segment.

THE Singapore banking system did not observe any significant increase in operational, fraud and cyber-risk incidents from remote working in 2020, compared with a year ago.

WHILE economic recovery from the Covid-19 crisis is gradually taking hold in Singapore, the lower-income group continues to fare poorly, both in terms of their earnings and savings, compared to other segments of society.

WHILE economic recovery from the Covid-19 crisis is gradually taking hold in Singapore, the lower-income group continues to fare poorly, both in terms of their earnings and savings, compared to other segments of society.

SINGAPORE'S sovereign wealth fund GIC and state investor Temasek may make some sweet paper gains as tech firms backed by the two investment giants head for the public markets.

BUSINESS loans in Singapore picked up for the second straight month in January as the economy gradually recovers from Covid-19 this year.

DBS' move to appoint a new country head in Malaysia has sparked talk of its expansion there via a digital banking outfit.

SINGAPORE'S bank lending rose for the third straight month in January on higher loans to businesses, data from the Monetary Authority of Singapore (MAS) showed on Monday.