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 ...
The U.S. dollar started the week with a soft tone on Monday as investors looked to looming economic data from around the world and U.S. corporate earnings to gauge whether the markets' guarded optimism on the economic outlook is justified.
HONG KONG: A majority of US companies in Hong Kong surveyed by the American Chamber of Commerce (Amcham) are concerned about the sweeping new national security law in the global financial hub, with a third looking to move assets or business longer-term. The legislation, which punishes secession ...
Asian shares got off to a firm start on Monday as investors wagered U.S. earnings season would see most companies beat forecasts given expectations had been lowered so far by coronavirus lockdowns.
White House trade advisor Peter Navarro said Sunday he expected President Donald Trump to act firmly against the TikTok and WeChat applications, amid rising tensions between Washington and Beijing.
