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DOMESTIC borrowing rates will inevitably head north in 2022, with the US Federal Reserve inching closer to a rate hike as it starts tapering bond purchases.

HSBC Singapore has entered into an agreement with investment bank Saxo Bank to enhance the former's digital investment offerings in Singapore.

THE life insurance industry in Singapore posted S$4.11 billion in weighted new business premiums in the first 9 months of this year, up 38 per cent from the same period last year.

A TOKEN-BASED solution that lets consumers transact using their smart devices - even without bank accounts - and devised by a company that has its roots in the paper-money business, is one of three winners in an international CBDC (central bank digital currency) competition organised by the Monetary...

THE Network for Electronic Transfers (Nets) has appointed Sunny Quek and Melvyn Low to its board of directors, effective Nov 1, it said in a press statement on Thursday (Nov 11).

DIGITAL securities exchange ADDX is working with Japanese financial services company Tokai Tokyo on security token issuances by Japanese real estate companies and banks.

ALTERNATIVE assets are an increasingly bright spot in Singapore's asset management industry, with significantly higher growth rates than traditional assets - albeit on a relatively low base.

CRYPTO exchange Huobi Global will close the accounts of all its Singapore-based users on Mar 31 next year. Services to these users will also be gradually phased out prior to that date.

FUNDING for financial technology (fintech) startups in Asean more than trebled to hit a record US$3.5 billion in the 9-month period this year, exceeding 2020's full-year figure of US$1.1 billion.

CRYPTO exchange Huobi Global will close the accounts of all its Singapore-based users on Mar 31 next year. Services to these users will also be gradually phased out prior to that date.