THE Monetary Authority of Singapore (MAS) is drilling down to the local mix in technology units of financial institutions in Singapore to ensure skills transfer for high-end tech jobs, and has had "bespoke conversations" with financial institutions on their localisation plans at tech units.
INVESTMENT management firm Barings is laying the groundwork for an office in Singapore to serve as its hub for South-east Asia investment activities.
CHINA'S recent bond defaults by large state-owned enterprises (SOEs) are set to continue as Beijing warned it will crack down on fraud and show more tolerance for letting companies default on payments.
DBS and Standard Chartered (StanChart) will again slash rates on their respective savings accounts from Jan 1, 2021 on the back of a grim interest rate environment.
STANDARD Chartered (StanChart) on Wednesday announced the launch of its Singdollar sustainable time deposits - the first local currency sustainable deposit product that enables retail and private banking investors to get returns for their investments in sustainability.
SINGAPORE banks have ramped up support for micro enterprises with collateral-free loans, they said on Wednesday.
The National Labor Relations Board will file a complaint accusing Alphabet Inc's Google of unlawfully monitoring and questioning workers, who were fired for protesting against company policies and trying to organise a union, the former employees said in a statement on Wednesday.
Federal Reserve officials saw "little or no growth" in four of their 12 regional districts and only modest growth in the others in recent weeks as a rapidly spreading health crisis and ongoing recession continued to devastate some US businesses and families even as many others thrive.
Wall Street's main indexes lost their momentum on Wednesday as investor sentiment was divided between optimism stemming from a potential coronavirus fiscal package and COVID-19 vaccine breakthroughs and a bleak private jobs report.
The National Labor Relations Board will file a complaint accusing Alphabet Inc's Google of unlawfully monitoring and questioning workers, who were fired for protesting against company policies and trying to organize a union, the former employees said in a statement on Wednesday.














