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Search Result for “financial services”

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BUSINESS

Singapore Air adds flights to Bangkok, Phuket

Bloomberg News, Published on 22/11/2022

» Singapore Airlines Ltd will add flights to East and Southeast Asia, including Bangkok and Phuket, from early next year and trim some services to the United States as it tweaks routes and plane allocations to get a head start over rivals as nations ease travel restrictions.

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BUSINESS

Singapore overtakes Hong Kong in world financial centres ranking

Bloomberg News, Published on 23/09/2022

» NEW YORK: Singapore has overtaken Hong Kong to become Asia’s top financial centre — and the third in the world — according to a new report that puts New York and London in the first and second spots.

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BUSINESS

Singapore regulator reiterates crypto dangers amid Hodlnaut woes

Bloomberg News, Published on 09/08/2022

» Cryptocurrency investment is “highly hazardous” but meltdowns in the sector have not created financial-stability risks for Singapore, regulators in the city-state said after another digital-asset firm ran into trouble.

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BUSINESS

Jack Ma gives up power, escapes Beijing’s crosshairs

Bloomberg News, Published on 29/07/2022

» Jack Ma is taking a weeks-long tour in Europe after largely disappearing from public view for almost two years, adding to signs that China’s government is easing pressure on the entrepreneur as he steps back from a business empire that had made him one of the country’s most powerful people.

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BUSINESS

UBS, Citi among banks hit by Asia rich clients’ pullback

Bloomberg News, Published on 15/07/2022

» A slump in client trading activity in Asia is threatening to slow a lucrative earner for the world’s biggest wealth managers.

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BUSINESS

CP Group’s data centres unit seeks $150 million in stake sale

Bloomberg News, Published on 12/04/2022

» True Internet Data Center Co, a unit of conglomerate Charoen Pokphand Group, is seeking to raise about $150 million from a sale of a minority stake, according to people with knowledge of the matter.

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BUSINESS

Crypto curbs to ‘ring-fence’ banks from unforeseen risks

Bloomberg News, Published on 24/03/2022

» Thailand, which has banned the use of cryptocurrencies for payments, will restrict the role of commercial banks in the digital-assets business to protect them from unforeseen risks, a central bank official said.

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BUSINESS

Singapore tells crypto firms not to market services to public

Bloomberg News, Published on 17/01/2022

» Singapore's financial regulator told companies in the cryptocurrency industry to refrain from advertising their services to the public, in line with the city-state's desire to curb retail speculation in volatile digital assets.

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BUSINESS

Telenor to sell Wave Money stake to Yoma in move to exit Myanmar

Bloomberg News, Published on 17/01/2022

» Telenor Group agreed to sell a remaining 51% stake in a mobile financial services provider in Myanmar in a deal that will see Norway’s biggest telecommunications firm move a step closer to exiting a country that has seen increased civilian strife since a military coup last year.

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BUSINESS

Bitcoin, Ether hit records amid broad rally in cryptocurrencies

Bloomberg News, Published on 09/11/2021

» Bitcoin and Ether hit all-time highs Tuesday in an ongoing cryptocurrency rally that some analysts attributed partly to the search for investments to hedge risks from inflation.