04/08/2020
The SFC’s investigation found that some of the 53 funds managed and/or advised by HIFL and HGAML between 2010 and 2016 maintained cash deposits with connected entities, namely, The Hongkong and Shanghai Banking Corporation Limited and/or its affilia
04/08/2020
With the tightening of liquidity and credit controls in the PRC, banks and financial institutions are looking for ways to reduce its existing credit exposure by moving any existing loans off their balance sheet.
04/07/2020
The defendant was sentenced two years in jail followed by deportation.
04/07/2020
Interim funds to be scaled up through close collaboration with strategic partners to offer trade finance and trade development solutions that meet the direct needs of member countries
04/07/2020
Justo, his wife Laura and their young son left Malaysia on March 4 without saying goodbye to anyone.
04/07/2020
The date of disclosure has been brought forward to provide more timely information to the market, and align with MAS’ monetary policy cycle.
04/07/2020
The SFC considers that the issue of the restriction notice is desirable in the interest of the investing public or in the public interest.
04/07/2020
Venkatesan said the fund's various savings tools allowed members to continue to contribute to their retirement savings where possible, even if they can no longer work.
04/07/2020
The new organisational structure will enable Allfunds to strengthen its leadership in the WealthTech industry, where the company already plays as the largest third-party fund distribution platform in Europe as well as one of the leaders globally.
04/07/2020
Life insurance specialist AIA Australia has introduced a new benefit to help customers who lose their jobs meet mortgage repayments.
04/07/2020
Several other fund managers are also expected to roll-out products in the Lion City.
04/06/2020
The donation also includes technological support such as the COVID-19 smart image-reading system developed by Ping An, which can generate rapid and accurate analysis of Computed Tomography (CT) lung scans for each individual case within 15 seconds
04/06/2020
This has helped reduce the cash-flow pressure on customers and lessen the impact of the outbreak on the local economy.
04/06/2020
All financial markets in Singapore remain open, and payment services are unaffected.
04/06/2020
In a war, massive spending on armaments stimulates economic activity and special provisions ensure essential services. In this crisis, things are more complicated, but a common feature is an increased role for the public sector.
04/06/2020
The central bank says it’s important for Malaysian financial institutions to treat climate change like any other financial risk which could affect their profitability and balance sheets and hurt their ability to raise funds.
04/06/2020
Chant West says it expects the application to be heard on an urgent basis.
04/06/2020
During the past week, two countries approved new cryptocurrency exchanges.
04/03/2020
Deutsche Bank is also among 25 banks in the syndicate group of lenders to the project.
04/03/2020
The firm has been expanding investment advisory capabilities in Asia.