Hong Kong was responsible for nearly half of the green bonds issued in Asia in 2024 and saw a surge in sustainability-related funds, as strong demand from regional mainland governments and start-ups raised the city’s stature as a finance hub for climate-friendly projects, according to a minister. Green bond issuance in Hong Kong last year
At Singapore’s universities, undergraduates are fighting for the golden ticket they believe will get them a coveted banking job years later: membership in a campus finance club. Lengthy interview rounds and days of working on PowerPoint slides have become de rigueur as a gloomier job market in the banking and trading hub raises the stakes
Major digital-asset exchanges, including Bitget and Bybit, are considering moves to Dubai and Hong Kong after Singapore introduced stringent new rules on overseas crypto activity, according to an executive based in the UAE’s International Free Zone Authority (IFZA). Last month the Monetary Authority of Singapore ordered any crypto-services provider incorporated in the city-state and serving
Indian-American tech entrepreneur Balaji Srinivasan has booked a private island near Singapore to start his 90-day programme called “Network School”. This experimental project will explore topics like cryptocurrency, longevity science, and new ways of running societies. Srinivasan describes the school as a “technocapitalist college town”. Announcing the plan in a personal post, Srinivasan invited people
The inflows follow a 50-basis-point interest rate cut by the Reserve Bank of India (RBI) at its most recent Monetary Policy Committee (MPC) meeting, a move aimed at spurring growth amid controlled inflation levels. Foreign portfolio investors (FPIs) pumped a net Rs 13,107.54 crore into Indian equity markets during the week of 23 to 27
TEMPO.CO, Jakarta – As cryptocurrency continues to grow in adoption and market value, governments worldwide are crafting laws and regulations to address this evolving financial landscape. Among these nations, Singapore stands out as one that has recently updated its cryptocurrency regulations. While approaches may vary, Singapore and other countries share a common focus on enhancing security
If you’re in urgent need of money, but are too paiseh to borrow from your family and friends, your best bet is probably a personal loan. With a personal loan, you borrow cash from a bank or financial institution and pay them back in fixed instalments over an agreed period. But you’d typically need to
Asian state-owned investors (SOIs) are projected to grow their assets under management by 34 per cent over the next five years, aided by growing economies, healthier fiscal balances and bigger contributions from the continent’s relatively young population, according to Sovereign Wealth Fund Institute. These sovereign investors, which include 146 central banks, sovereign wealth funds and
SINGAPORE: In just seven short years, Malone Lam Yu Xuan went from being a student in a secondary school in Choa Chu Kang to being dubbed crypto whizz-kid by some in the US in 2023. Many who saw his spending spree were amazed a 19-year-old could afford large mansions, a fleet of expensive cars and
(Bloomberg) — Singapore’s financial regulator said it is engaging with Chocolate Finance, a robo-advisory firm, after the startup experienced a surge in customer requests to redeem their investments and halted instant withdrawals. Most Read from Bloomberg The Monetary Authority of Singapore said in a statement on Wednesday that the goal is “to ensure that all