Markets

OCBC customers can now make ATM cash withdrawals via a QR (quick response) code, removing the need for ATM cards.The bank is the first in Singapore to offer cardless withdrawal at most of their ATMs islandwide in a bid to "make this old-line banking activity a little...

SINGAPORE: Customers of OCBC Bank can now withdraw money using QR codes, the bank said in a news release on Wednesday (Jul 31). Using the OCBC Pay Anyone app, customers can scan a QR code and then authenticate the transaction using a fingerprint, faceprint or mobile banking login credentials, OCBC ...

SINGAPORE: A fraudulent website has been soliciting investments in Bitcoins by using fabricated comments attributed to Emeritus Senior Minister (ESM) Goh Chok Tong, the Monetary Authority of Singapore (MAS) warned in a consumer advisory on Wednesday (Jul 31). An article on the website referred ...

HOUSING loans in Singapore extended its slide in June, but the drop was more than offset by higher lending to businesses, resulting in an increase in total loans for the month.

Negotiators from the United States should show "sincerity" and temper expectations as they begin a new round of talks with Chinese counterparts to ease trade tensions between the two sides, state-owned tabloid Global Times said on Wednesday.

China is sharpening its scrutiny of small banks' shareholders amid fears that loans from the lenders to big investors could prove a weak point in the country's financial system, jolted by the state's weekend rescue of one lender and recent takeover of another.

Samsung Electronics Co Ltd posted a 56per cent drop in second-quarter operating profit on Wednesday, hit by continuing declines in memory chip prices amid oversupply.

China's services sector activity grew at a slower pace in July, an official survey showed on Wednesday, heaping pressure on Beijing which is counting on the sector to help weather a sharp hit to its manufacturers and the economy from the Sino-U.S. trade war.

Oil prices rose for a fifth day on Wednesday, buoyed by a bigger than expected drop in U.S. inventories and as investors awaited a widely expected cut in interest rates by the Federal Reserve, the first in more than 10 years.

One of Facebook's third-party fact-checking partners on Tuesday said the company needed to share more data with fact-checkers to better curb misinformation.