Banking & Finance
Indonesia offers three-year timeline to lift public float to 15%
MSCI had raised concerns over investability earlier this year
Bitcoin holds gains in Asia after five-month losing streak ends
It remains about 45 per cent below its all-time high of over US$126,000
New IP riders kick in with lower premiums, but higher out-of-pocket costs
Insurers say out-of-pocket costs remain predictable and manageable.
Ping An bets on AI to add US$174 billion to underperforming stock
A gateway linking 500 banking, insurance, and healthcare services sits at the core of the plan
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DBS’ Tan Su Shan flags second-order risks from Middle East conflict despite limited exposure
Automotives, shipping and small businesses in focus as the lender tracks knock-on effects from prolonged tensions
Blackstone to debut first hedge fund for mini-millionaires
It aims to make relatively liquid bets across an array of asset classes
Japan steps up yen intervention threats, signals rate-hike chance
Its top currency diplomat said authorities may need to take “decisive” steps if speculative moves persist
Hong Kong IPO revival hits snags, raising stakes for big deals
HONG Kong’s relentless surge in share sales over the past year is beginning to encounter headwinds, potentially slowing deal momentum and raising the stakes for a wave of jumbo transactions in the pip...
US Senate committee plans Warsh’s Fed nomination hearing as soon as week of April 13, Punchbowl reports
THE Senate Banking Committee is planning to hold its hearing on the nomination of Kevin Warsh as chair of the Federal Reserve as soon as the week of April 13, Punchbowl News reported on Sunday, citing...
Inside local bank’s AI engine: From smarter security to personalised banking, at scale
OCBC has built one of the region’s most extensive artificial intelligence operations – hundreds of use cases, billions in protected assets, and services designed around its customers
