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As the West announces sanctions over Russia’s actions in Ukraine, global supply chains, particularly related to energy and commodities from the country,…
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Despite widespread media reporting of US and Western sanctions on seven Russian banks, SWIFT has yet to disconnect any of them from its network. It will…
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EU leaders, Charles Michel and Ursula von der Leyen, jointly condemn Russian aggression against Ukraine, plan further sanctions while global markets plummet…
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The Monetary Authority of Singapore (MAS) has imposed an extra capital requirement of SGD 930 million ($692 million) on DBS after the widespread digital…
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In the wake of the OCBC phishing scams and the compensation made by the bank to all affected customers, MAS decided that the industry should have a more…
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The transaction is worth $706.6 million which covers Citi’s consumer banking franchise in Taiwan which includes 2.7 million credit cards, 500,000 deposit…
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The transaction covers the consumer banking business of Citi in Indonesia, Malaysia, Thailand, and Vietnam. The agreement comprises its unsecured and secured…
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Grab's listing fulfils a key milestone for the platform’s early investors. However, a 12% drop in market value on its first trading day resembles Paytm’s…
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DBS experienced outages to its online banking services from 23 to 24 November, the second extensive disruption to its digital services in over a decade…
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Alibaba and JD.com continue to set new sales records during the Double 11 shopping event, although growth decelerated amid China’s slowing economy and…
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The COVID-19 pandemic has led to a shortage of semiconductors globally, accelerated by the increase in remote working and schooling arrangements, remote…
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Square announced its acquisition of Australian buy now, pay later (BNPL) company, AfterPay, through a $29 billion deal. Square posted a net revenue of…