Technology
Chinese banks hold lending rates with yuan under pressure
BANKS in China maintained their benchmark lending rates on Monday (Apr 22), following the Chinese central bank’s recent decision to stand pat on monetary policy.The one-year loan prime rate...
Parental fury after stem cell bank ruins thousands of samples in Singapore
THOUSANDS of parents in Singapore are furious, with some now pursuing legal action, after a major operator of cord blood banks in Asia irreparably damaged their children’s samples through...
Singapore stocks rise at Monday’s open; STI up 0.1%
SINGAPORE shares inched up at the opening bell on Monday (Apr 22) morning, eking out a gain despite subdued performance in global markets. As at 9.01 am, the Straits...
Singapore dollar outshines peers with 40% advance under PM Lee
WHEN Lawrence Wong succeeds Lee Hsien Loong as Singapore’s new prime minister next month, he will inherit not only a healthy economy but also robust local assets from a...
Singapore dollar outshines peers with 40% advance under PM Lee
WHEN Lawrence Wong succeeds Lee Hsien Loong as Singapore’s new prime minister next month, he will inherit not only a healthy economy but also robust local assets from a...
DBS, OCBC, UOB have enough liquidity to mitigate funding costs, analysts say
HIGHER funding costs are likely to be a key threat to the earnings of the three Singapore banks this year, but analysts expect them to have enough liquidity to...
Tesla cuts prices in China, Germany, and around globe after US cuts
TESLA has cut prices in a number of its major markets – including in China and Germany – after price cuts in the United States – as it grapples...
UOB eyes concert partnerships with more K-pop, Asian acts
CONCERTS have seen a strong post-pandemic revival, and the wave does not seem to be slowing down in Singapore just yet. Over the past two years, the Republic has...
