Markets

SINGAPORE-BASED corporate services provider In.Corp Global has acquired RHT Corporate Advisory, RHT Holdings' corporate advisory business. Both firms declined to disclose the value of the acquisition.

OUT of S$2.8 billion in foreign exchange (FX) fees paid by Singapore annually, 71 per cent or S$2 billion is hidden in exchange rate mark-ups, a new study commissioned by TransferWise has found.

A SUCCESSFUL experiment by the Monetary Authority of Singapore (MAS) and the Bank of Canada using central bank digital currencies and Distributed Ledger Technology (DLT) could bring great potential to make cross-border and cross-currency payments cheaper, faster and safer.

THE Canadian investment fund that manages assets for Ontario’s public sector is looking towards Singapore to set up its regional headquarters, as it seeks to boost its portfolio in Asia in the next few years.

AT the Singapore Fintech Festival in November last year, Christine Lagarde, managing director of the International Monetary Fund (IMF), called on the world's central banks to consider issuing digital currencies.

TO help her listen during meetings, Yuki Neoh places a Roger Pen on the table. The device's wireless microphone transmits audio to her hearing aid and cochlear implant, enabling her to hear speech clearly over distance and in loud noise.

SINGAPORE banks are training their front-line staff to better serve bank customers with disabilities amid growing awareness of the daily difficulties they face.

FORMER German Chancellor Helmut Schmidt used to lament how Germany's giant banking groups would stoke up dangerous enmity among neighbouring countries by inevitably dominating European finance. A senior French banker once told me that French and German banks would never merge because the Germans would always have...

SINGAPORE banks have jazzed up their savings plans to find favour from maturing millennials, locking in a tighter banking relationship with customers amid the rising ease in switching banks today, as well as tapping the rising affluence in the city-state.

OCBC Bank, Singapore's second largest lender, said on Monday that bancassurance remains a core part of its business, when asked if the bank would consider outsourcing it to another partner as its local peers have done.