THE addressable loan market for Singapore's upcoming digital banks is estimated to be worth S$220 to S$243 billion, with these digital-only entities likely to catalyse loan growth in underserved segments, according to DBS Group Research.
Ant Group, owner of China's ubiquitous mobile payment app Alipay, launched a blockchain-powered platform for cross-border trade settlements on Friday, as it races to launch more technology products ahead of its blockbuster IPO.
SINGAPORE: Singapore’s manufacturing output rebounded in August after contracting for three months, boosted by electronics production and improvement in all but two clusters. Industrial production rose 13.7 per cent in August on a year-on-year basis, said the Economic Development Board (EDB) in a ...
Switzerland's highest court has ordered Julius Baer to pay a total of around 150 million Swiss francs (US$162 million) following a claim by the German agency which oversaw the privatisation of East German state assets.
When 32-year-old photographer Jaco Xu needed a run-around car for work in the eastern city of Hangzhou, the price tag on the latest micro EV from GM's China joint venture overcame his qualms about electric vehicles.
The Justice Department early Friday asked a federal judge in San Francisco to allow the government to bar Apple Inc and Alphabet Inc's Google from offering WeChat for download in U.S. app stores pending an appeal.
SINGAPORE: Local food manufacturers can now apply to list their products on the FairPrice Marketplace platform, under an initiative that will help them improve their visibility in the market and allow them to test the reception to their new items. The initiative, called YummySG!, was launched by ...
SEOUL: Kim Eun-hee wants to complete her collection of memorabilia of Korean boy band BTS by bidding more than US$120,000 to buy shares in the group's music label Big Hit Entertainment in South Korea's hottest IPO, which could even shake money-markets. Fervour is building among die-hard South ...
US biotech firm Novavax said Thursday (Sep 24) it is initiating its final Phase 3 clinical trial for its potential COVID-19 vaccine.
Silicon Valley's innovation engine has been slow to produce useful new tools to help firefighters like Dave Winnacker extinguish the deadly blazes that each year fill California's skies with smoke.
