Markets

Macau's biggest junket operator Suncity, which operates VIP gambling rooms across Asia, has given rare insight into its balance sheet during a rebuttal of online criticism, saying it is financially robust and not the target of law enforcement.

OCBC has launched Singapore’s first home loan referencing the Singapore Overnight Rate Average (SORA), an alternative benchmark rate, available to buyers of completed private properties with a minimum loan size of S$1 million.

Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil trade as the United States targets the maritime industry to tighten sanctions on the Latin American country.

The slump in China's exports likely eased in June as some countries reopened their economies, while imports contracted less sharply on higher crude oil and commodities purchases, a Reuters poll showed on Monday.

THE Monetary Authority of Singapore (MAS) and Temasek on Monday released a report highlighting the "commercial potential" of Project Ubin, paving the way towards live adoption of blockchain technology.  

SINGAPORE: Singapore has developed a blockchain-based payments network that could enable faster and cheaper international settlements, authorities said on Monday (Jul 13), adding that the next step was a commercial rollout. The final phase of the years-long Project Ubin saw the Monetary Authority ...

SYDNEY: Asian shares crept towards five-month peaks on Monday (Jul 13) as investors wagered the US earnings season would see most companies beat forecasts given expectations had been lowered so far by COVID-19 lockdowns. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.15 per ...

SHANGHAI: China will show "zero tolerance" towards securities and accounting fraud and will step up a crackdown on major capital-markets crimes, financial regulators said after a meeting of the Financial Stability Development Committee. The meeting on Sunday (Jul 12) was chaired by Vice Premier ...

SINGAPORE: Oil slipped in early Asian trade on Monday (Jul 13) as traders eyed an OPEC technical meeting this week which is expected to recommend an easing in supply cuts that have been propping up crude prices. Brent crude fell 27 cents to US$42.97 a barrel by 0114 GMT while...

REUTERS: U.S. semiconductor maker Analog Devices Inc is in advanced talks to acquire Maxim Integrated Products Inc, an industry peer that has a market capitalization of US$17.1 billion, people familiar with the matter said on Sunday. The acquisition would expand Analog Devices' offerings in ...