The United States wants to see 'untrusted' Chinese apps removed from US app stores, US Secretary of State Mike Pompeo said on Wednesday, calling the Chinese-owned short-video app TikTok and messenger app WeChat 'significant threats'.
DBS on Thursday posted a 22 per cent fall in second-quarter net profit, dragged by further provisions and flat total income.
DBS chief Piyush Gupta expects top line and net interest margin (NIM) – a key indicator of profitability for banks – to deteriorate over the rest of the year, as the full impact of interest rates continue to flow through its loan book.
Uber said on Thursday it was buying the British tech company Autocab, which sells booking and dispatch software to private hire firms, in a move that will allow the taxi app to reach customers where it does not currently operate.
Novavax Inc said on Wednesday it has entered a supply and license agreement with the Serum Institute of India for the development and commercialization of its COVID-19 vaccine candidate.
A U.S. Republican congressman urged the Trump administration to review millions in coronavirus stimulus loans paid to U.S. companies with ties to China's aviation and defense industries, amid deepening tensions between Beijing and Washington.
The post-pandemic world will move very fast in payments technologies and central banks must lead the way, says Professor Kenneth Rogoff.
HOME buyers are reportedly facing tighter credit assessment when they apply for mortgages - especially if they work in sectors that have been severely affected by Covid-19.
THE Monetary Authority of Singapore (MAS) will prescribe the Singapore Overnight Rate Average (SORA) as a financial benchmark under the Securities and Futures Act (SFA), as well as enhance its transparency and data availability, as part of a slew of measures to support the adoption of the...
CITI has said its plans to double its retail wealth market share in Singapore over the next few years remain on track, as it appointed a new head for its Singapore retail banking arm.
