Companies from nine key fintech verticals are invited to submit applications by 31 August, for a chance to showcase their solutions to corporates and investors at Hong Kong Fintech Week.
August 11, 2020Private firms are invited to submit innovative solutions that can help enhance trade finance mechanisms, connectivity and infrastructure.
August 4, 2020Singapore’s High Court has reportedly appointed KPMG executives as interim judicial managers to oversee a transition to new management at ZenRock Commodities, an oil trading firm.
May 10, 2020ZenRock is the latest Singapore commodities trader to come under scrutiny, for allegedly using the same cargo to secure financing from multiple banks.
May 8, 2020The partnership will seek to promote Singapore’s capital market development, strengthen regional connectivity, support businesses, and explore the use of DLT in bond issuance.
May 6, 2020Standard Chartered made a series of loans to a Turkish private bank, which at the time was almost wholly owned by Sberbank, a sanctioned Russian bank.
April 8, 2020Regulatory reserves held against possible credit losses will be reduced by half. Banks are encouraged to use liquidity buffers built up under the LCR and LMR regimes.
April 5, 2020DBS was able to cut the trade financing processing time from about a week to under one working day, yielding greater operational efficiencies for trade partners.
February 10, 2020HSBC becomes the latest Hong Kong bank to announce relief measures for business owners impacted by the novel coronavirus and its effects on the economy.
February 10, 2020New guideline asks banks and insurers to develop foreign trade-related financial services to help develop bilateral trade between China and key jurisdictions, including the 'Belt and Road' countries.
January 2, 2020