TOKYO: Bank of Japan board members agreed that the massive stimulus measures deployed by advanced nations may help quicken the pace of recovery in the Japanese and global economies, minutes of their April policy-setting meeting showed on Wednesday. The upbeat assessment on the outlook ...
DBS has completed Singapore's first export financing transaction referencing the US dollar (USD) Secured Overnight Financing Rate (SOFR) with food and agri-business, Bunge, the bank announced on Wednesday.
STOCKHOLM: A Swedish information technology firm said on Tuesday a database containing patient data, including COVID-19 test results, had been breached but it was unclear if any contents had leaked. InfoSolutions said in a statement that it had identified a breach last week but it had since ...
TOKYO: The Japanese government is considering tightening regulation on investment from foreign entities in Japanese firms with important technology in areas such as nuclear and defence, the Yomiuri newspaper reported on Wednesday. The new regulation will aim to prevent overseas funds and ...
The coronavirus pandemic stoked hunger for trusted news in a time of global crisis and a clear majority of people want media organisations to be impartial and objective, The Reuters Institute for the Study of Journalism said on Wednesday.
U.S. President Joe Biden believes steps are needed to safeguard privacy, bolster innovation and deal with other problems created by big technology platforms, the White House said on Tuesday, signaling his support for legislation concerning Big Tech.
SEOUL: The South Korean operator of mobile financial app Toss raised US$410 million in fresh funding, which values the company at US$7.4 billion, operator Viva Republica said on Wednesday. With new funding, Toss is looking to expand its Southeast Asian presence beyond Vietnam. It plans to ...
SEOUL: The South Korean operator of mobile financial app Toss raised US$410 million in fresh funding, which values the company at US$7.4 billion, operator Viva Republica said on Wednesday. With new funding, Toss is looking to expand its Southeast Asian presence beyond Vietnam. It plans to ...
An overshoot dynamic overproducing and overconsuming needs correction, yet central banks are loathe to take action that risks undermining the post-pandemic economic recovery, says Mohamed A El-Erian.
THE Monetary Authority of Singapore (MAS), through its mystery shopping exercise (MSE) for financial advisers (FAs), found that roadshow sales had more incidences of unsuitable recommendations and inappropriate influence than through customer referrals.
