AN INNOVATION centre under the National University Health System (NUHS) on Thursday inked a memorandum of understanding (MOU) with Asia Research & Innovation Alliance Limited (ARIA), a non-profit research and innovation institute, to set up a S$50 million venture capital fund and a commercialisation programme.
AS Asia's massive infrastructure needs continue to grow, it is clear that traditional bank debt alone is not enough to plug the widening gaps.
HONG KONG digital wealth management solutions provider Quantifeed has raised an undisclosed amount of funding from its Series B+ round led by global asset manager Franklin Templeton.
THE Covid-19 pandemic has taken a toll on investments in Asia-Pacific's (Apac) private financial technology (fintech) companies, but recent data suggests that a recovery might be in sight, according to a report by S&P Global Market Intelligence.
MAINBOARD-LISTED United Overseas Insurance (UOI), the general insurance arm of UOB, saw its net profit shrink by 42 per cent to S$15.2 million for the nine months ended Sept 30, from S$26.1 million a year ago.
A DIGITAL currency exchange backed by Singapore's largest lender DBS is in the works, although the bank is still in the process of seeking regulatory approval.
ANT Group's blockbuster initial public offering (IPO) has been hogging the headlines - but retail investors in Singapore eager for a piece of the world's largest IPO will have to wait and buy on the open market after trading starts. Accredited investors, on the other hand, can...
A digital currency exchange backed by Singapore's largest lender DBS is in the works, although the bank is still in the process of seeking regulatory approval.
DEMAND is growing for investment products focused on environmental, social and governance (ESG) considerations, with UOB having managed close to S$200 million worth of such transactions for its customers in the first nine months of this year.
HSBC Holdings is a bank in limbo. Pandemic-related bad loans have messed up its cost-reduction plan. Coming in the crosshairs of the US-China conflict made investors nervous about the jewel in its crown: the Hong Kong franchise.
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