FROM BUSINESS TIMES

THE Monetary Authority of Singapore (MAS) has published an enforcement monograph that explains how it selects matters for investigation, as well as the investigative powers and enforcement actions it can take against misconduct in the financial sector.

TEN years after the 2008 financial meltdown, soaring foreign currency debt is endangering financial markets.

RHB Bank, the fourth-largest bank in Malaysia, will invest in building up its small-and-medium-sized enterprise (SME) network in Singapore as it looks to carve a bigger niche by taking such businesses beyond Singapore and into Asean, said its top executive in Singapore.

FOLLOWING a strong start to the year with a gain of 5.5 per cent in January, Asian equities have tumbled over the past few months, sending their year-to-date performance (as at Sept 17) into negative territory, with prices declining 9.2 per cent in SGD terms.

PING An Group's Lu International has made an official push into markets beyond China, with the launch of its online wealth management platform Lu Global for accredited investors in Singapore.

PING An Group's Lu International on Thursday launched its online wealth management platform, Lu Global, for accredited investors in Singapore as well as investors in Asia, with an aim to grow its assets under management by 20-30 per cent next year, a top executive told <em>The Business Times</em>.

CREDIT ratings agency Moody’s said on Thursday that the launch of the world’s first unified payment QR code, or the Singapore Quick Response Code (SGQR), will accelerate mobile payments in the country.

DBS Bank is beefing up its project finance team to get a share of Asia's huge infrastructure development needs.

GLOBAL payments company Mastercard announced on Wednesday it has signed a multi-year global sponsorship deal with video game developer Riot Games to become the first global sponsor for computer game League of Legends, touted as the largest e-sport in the world.

FORGET your cash and credit cards.

THE Monetary Authority of Singapore (MAS) has warned of a second fraudulent website that has been soliciting investments in Bitcoins, using fabricated comments attributed to MAS chairman and Deputy Prime Minister Tharman Shanmugaratnam.

THREE-quarters of senior private equity executives in Asia-Pacific (APAC) said that geographic expansion had significantly become more important to their firm over the last three years, according to the 2019 Private Equity Outlook Report by global law firm Dechert, together with Mergermarket.

THREE quarters of senior private equity executives in Asia-Pacific (APAC) said that geographic expansion had significantly become more important to their firm over the last three years, according to the 2019 Private Equity Outlook Report by global law firm Dechert, together with Mergermarket.

HSBC Singapore is ramping up its commercial banking division to support companies expanding in Southeast Asia.

A LONG-AWAITED piece is finally in place that will get Singapore's electronic payments transformation going.

Singapore unveiled the first-of-its-kind unified payment QR code on Monday, in an announcement by the Monetary Authority of Singapore (MAS) and the Infocomm Media Development Authority (IMDA).

SINGAPORE will open up its real-time and round-the-clock payment system - known as FAST - to financial technology (fintech) firms to broaden access to various payments players, said Minister for Education Ong Ye Kung on Monday.

PROTECTING children from distressed family situations is among the key priorities of social services around the world. Banks such as Australia's Westpac have been able to provide innovative financing to give such efforts a boost, said Westpac senior executives in an interview with The Business Times.

THE likelihood of a recessionary environment in the US in the next 18 months is very high, according to Wellington Management partner and private equity lead portfolio manager Michael Carmen. Wellington Management is an independent investment management firm with over US$1 trillion in client assets under management.

CITI on Friday said it has appointed Gonzalo Luchetti as head of consumer banking for Asia-Pacific and EMEA - the 17 markets that collectively contribute to 27 per cent of Citi's global consumer banking profit.