Asia-Pacific ahead of US, EU in retail crypto activity: Report
The retail trading of Bitcoin grew 6.4 percent year on year in January 2025 in the Asia-Pacific region, while it fell in the US 5.7 percent from the year-ago period, while it…
Claire Huang
Singapore core inflation extends decline to 1.9% in November
Core inflation, which strips out private transport and accommodation costs to better reflect the expenses of households here, fell to 1.9 per cent year on year, from 2.1 per cent…
Allianz calls off deal with Singapore’s Income Insurance after public scrutiny
The German insurer on Dec. 16 said in a statement that it would withdraw its July 17 offer to acquire a 51 percent stake in Income, in a deal valued at $2.2 billion.
Singapore core inflation drops to 2.1% in October, lowest in almost three years
Core inflation, which strips out private transport and accommodation costs to better reflect the expenses of households here, fell to 2.1 per cent year on year, from 2.8 per cent…
Asia’s high-net-worth market to grow by double digits in short term, say insurance firms
The Asia-Pacific is home to about 30 percent of global HNW financial wealth, behind only the Americas.
Southeast Asia’s super rich worry more about succession disputes than other regions: Poll
A survey of 129 high net worth advisers between early April and mid-May found that 41 per cent said their clients in the region are most worried about family disputes. This is…
S’pore core inflation drops to 2-year low in June
Core inflation, which excludes private transport and accommodation costs to better reflect the expenses of households here, dropped to 2.9 per cent year on year, after sticking…
Asia-Pacific leads in stablecoin payment adoption, says fintech firm Circle
Stablecoins are cryptocurrencies whose value is pegged to that of another currency, commodity, or financial instrument. It is usually pegged to the United States dollar on a…
Singapore core inflation dips to 3.2% in November, expected to remain elevated in the near term
Led by a slower rise in prices of retail goods, food, electricity, gas and transport, it is a touch lower than the 3.3 per cent in October, when core consumer prices had picked up…
Monetary Authority of Singapore issues blueprint for the future of digital money
The Monetary Authority of Singapore has set settlement ledger, tokenisation bridge, programmability protocol and name service as the four key building blocks to the use of digital…