Entrepreneurship
Digital euro could drain up to 700 billion euros of deposits in bank run, ECB says
The ECB has presented the digital currency as an alternative to US-dominated means of payment[FRANKFURT] A digital euro could drain up to 700 billion euros (S$1.1 billion) in deposits...
‘The talent is there’: Is Singapore’s push for board diversity turning a corner?
Progress has been made, but questions remain over whether inclusion is now structural or still symbolic[SINGAPORE] With women occupying barely a quarter of board positions in the largest Singapore-listed...
Gold poised for eighth weekly rise on firm safe-haven demand
The non-yielding asset, traditionally considered a hedge during geopolitical and economic uncertainty, has gained about 52% this year[BENGALURU] Gold edged higher on Friday (Oct 10) and headed for its...
Serving with purpose: Expectations of non-profit board directors
Unlike directors of listed companies, NPO directors operate in an environment where the Code of Corporate Governance, Companies Act and SGX Listing Rules do not applyIN RECENT years, Singapore...
Who is the CEO of Verizon?
Do you have Verizon? If you never heard of it or live under a rock, Verizon is a well-known brand of telecommunications that is used all over the world...
US: Wall Street subdued at open after Powell offers no rate clues
[NEW YORK] Wall Street’s main indices posted subdued gains at Thursday’s (Oct 9) open, after Federal Reserve chair Jerome Powell offered no fresh policy signals, leaving investors to rely...
Hedge funds are using options to bet on year-end US dollar gain
[SINGAPORE] Hedge funds worldwide look to be favouring the US dollar in the option market as they bet that the currency’s rebound versus most major peers will extend into...
HSBC plans to take Hang Seng Bank private in US$37 billion deal
The firm, based in London, is known as an anchor of commerce between the Asia-Pacific region and the rest of the world [SINGAPORE] HSBC Holdings is proposing to acquire...
Euro, yen slide for third straight day versus US dollar
[LONDON] The euro and the yen were headed for a third straight daily loss against the US dollar, pressured by political turmoil in France and expectations of increased fiscal...
US: Wall Street indices open higher with Fed remarks in focus
[NEW YORK] Wall Street’s main indices opened higher on Wednesday (Oct 8) following a blip in a steady rally, as investors awaited fresh clues from Federal Reserve officials on...
