(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
Bath & Body Works Being a customer may sometimes give you great ideas for companies that you can invest in. Just by walking along any street or shopping mall, you may come across numerous investment opportunities. With the recent Goods and Services Tax (GST) payout in August 2024 and the upcoming one-off special payment of
Binance Holdings is hiring 1,000 people this year, with many earmarked for compliance roles, as the cryptocurrency exchange’s annual spending to meet regulatory requirements, including US oversight under a plea deal, tops US$200 million. Chief executive Richard Teng, who is visiting the US to talk to monitors and officials, outlined the employment goals for the
magine you are a super-rich businessman who receives an invitation to invest in Indonesia. After doing your homework, you know that this country has potential. However, you still hesitate to invest because you know that Indonesia’s real estate market is still immature. Having an immature market means that Indonesia’s market does not yet provide a
“Currently, not many countries have good economic growth, maintained political stability, demographic bonus, and abundant natural resources. This means Indonesia should be a promising investment destination and a global talent destination for work. This will significantly affect the country, including capital gains, job opportunities, technology transfer, improvement
Higher-for-longer interest costs and ample retail and office vacancies have pushed the sales of distressed investment properties in Hong Kong higher in the second quarter, a trend realtors expect to continue in an already tepid real estate market. An increasing acceptance among lenders and landlords to book steeper losses has driven up the number of
Nishimura believes that along with an estimated 8 million old and abandoned homes in Japan, temples and onsens that no longer have caretakers present a compelling investment opportunity for foreigners drawn to Japan and its culture. For example in Kanazawa, capital of Ishikawa prefecture, an average of 150 historical buildings and temples are either torn
Kiwis / iStock.com Money might not look the same in different countries, but its impact is the same pretty much everywhere. No matter where you live, money can solve a lot of problems when you have it and leave you stressed out when you don’t. Trump Wants To Eliminate Income Taxes: 3 Items That Will
By Sameer Manekar and Anshuman Daga SINGAPORE (Reuters) – Asia’s rich and their bankers said they are backing an eventual recovery in China and betting exposure to a region that even in a slowdown is the fastest-growing in the world will pay off. “You’ve got to have the fortitude and the forbearance to be able
SINGAPORE, July 02, 2024–(BUSINESS WIRE)–Northern Trust (Nasdaq: NTRS) today announced that it has been appointed by Valverde Investment Partners Pte Ltd. (Valverde) to provide custody, fund administration, foreign exchange and cash management services for its newly formed Variable Capital Company (VCC) fund, along with its sub-fund, ASEAN+ Fund (VAPF). Valverde is a newly established, Singapore-based,