Financial Services
Singapore ranked most crypto‑friendly city worldwide
Singapore ranked most crypto‑friendly city worldwide
APAC cities also dominated the top 10.
48 minutes ago
Private banker crunch clouds $4.22t cross-border wealth boom: BCG
Billionaire wealth jumped 66.4%, lifting the market past Australia.
MAS to slash private bank account opening to under a month
A new circular aims to cut onboarding bottlenecks.
Central banks face calls for heightened oil shock vigilance
MAS chief economist warns energy price spikes feed into wages faster.
New AI-finance programme links students with 20 financial firms
The August pilot will provide applied AI training and industry exposure.
New SBF-EnterpriseSG centre to advise firms on financing access
CEFA will also roll out capacity-building programmes with ISCA Academy later this year.
MoneyMax subsidiary prices $30m 5% notes due 2028
The notes will be issued under MoneyMax Treasure’s $500m multicurrency medium-term note programme.
Cata expands AI tools and overseas push after $6.8m funding
The startup targets restaurant operators seeking faster app deployment.
InCred bolsters Singapore platform with S Cube integration amidst GCC–India wealth push
This extends regulated investment reach across three financial hubs.
Watchdog warns weak fines leave S’pore exposed after $3b laundering case
The market remains vulnerable to illicit fund flows despite its mature financial sector.
UOB’s Q1 earnings slip to $1.4b on weaker interest income
Fees and trading supported results as margin pressure and rates constrain earnings.
UOB moves tech workforce to fuel Southeast Asia digital growth
The new technology centre anchors regional banking capability development.
Aleta Planet wins Malaysian payment licences for ASEAN expansion
This adds to its merchant acquirer licence for credit and debit card payments.
MAS convenes banks as autonomous AI cyber risks escalate
Officials are monitoring Anthropic’s Mythos and its ability to identify vulnerabilities.
MoneyHero posts first quarterly profit on cost cuts, AI efficiency gains
Lower tech, marketing and staff expenses supported its $636,000 quarterly net profit.
SME borrowing costs ease to 8.18% in 2025 but Middle East risks loom over 2026
Loan approval rates rose to 74% but bank processing times stretched to 33 days amidst shifting credit conditions.
GXS narrows net loss to $208m in FY2025
Net interest income rose to $55.6m, whilst operating expenses dipped to $217.6m.
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