SINGAPORE (THE BUSINESS TIMES) – Singapore’s fintech investments rebounded in the second quarter of 2020 to US$278 million (S$371 million), 4.1 times the US$68 million recorded in the first quarter, the Singapore FinTech Association (SFA) and management consulting firm Oliver Wyman said on Wednesday (Dec 9). Although the Covid-19 pandemic resulted in a fall in […]
SINGAPORE (THE BUSINESS TIMES) – Singapore’s fintech investments rebounded in the second quarter of 2020 to US$278 million (S$371 million), 4.1 times the US$68 million recorded in the first quarter, the Singapore FinTech Association (SFA) and management consulting firm Oliver Wyman said on Wednesday (Dec 9). Although the Covid-19 pandemic resulted in a fall in […]
SINGAPORE – The Republic will put in place three levels of reassurances when the World Economic Forum (WEF) meeting is held here next year, Trade and Industry Minister Chan Chun Sing said on Wednesday morning (Dec 9). First, Singaporeans, especially those who may interact with participants, will need to be assured that the meeting can […]
Singaporeans can now view their funds and investments on a single online platform instead of having to visit each bank’s or government agency’s website, saving time and making their financial planning easier and more effective. This is made possible by the Singapore Financial Data Exchange, or SGFinDex, a free digital service unveiled by Deputy Prime […]
Facing mounting pressure about its role in the opioid crisis, McKinsey has taken the unusual step of acknowledging that its work with Purdue Pharma fell short of its standards and vowed a full internal review of its actions, including the possible destruction of documents. Criticism of the world’s most prestigious consulting firm has intensified since […]
A dirty secret of initial public offerings is that even the coolest ones may make only a handful of people rich — and it may not be regular people, employees or even fancy pre-I.P.O. investors who get a windfall. DoorDash and Airbnb are expected to have spectacular first sales on public stock exchanges this week […]
NEW YORK (Reuters) – U.S. stocks closed higher on Tuesday in part due to a boost from the healthcare sector on positive COVID-19 vaccine news, while uncertainty over fresh fiscal stimulus held gains in check.FILE PHOTO: A trader wearing a protective face mask walks, as the global outbreak of the coronavirus disease (COVID-19) continues, at […]
FILE PHOTO: A trader wearing a protective face mask walks, as the global outbreak of the coronavirus disease (COVID-19) continues, at the New York Stock Exchange (NYSE) in the financial district of New York, U.S., November 19, 2020. REUTERS/Shannon Stapleton/File Photo(Reuters) – Wall Street’s main indexes opened lower on Tuesday as surging coronavirus cases threatened […]
WASHINGTON (Reuters) – U.S. worker productivity increased strongly in the third quarter, though the pace of growth was likely overstated as the sharp rebound in output from the COVID-19 pandemic recession has far outpaced employment gains.FILE PHOTO: Workers disinfect a production line while maintaining social distancing at the start of a shift at Green Circuits […]
WASHINGTON (Reuters) – U.S. worker productivity increased strongly in the third quarter, though the pace of growth was likely overstated as the sharp rebound in output from the COVID-19 pandemic recession has far outpaced employment gains.FILE PHOTO: Workers disinfect a production line while maintaining social distancing at the start of a shift at Green Circuits […]