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India's UPI goes global, links with Singapore's PayNow for seamless cross-border transactions

In what is a first-of-its-kind collaboration with another country, India and Singapore on Tuesday l…

ANI   


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3 mins read

10 countries that banned cryptos calling them threats, ponzi schemes & more

As per the Law Library of Congress, a global research directorate, eight jurisdictions had an absol…

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1 min read

You can send to and receive money from Singapore via UPI in a year from now

The Reserve Bank of India (RBI) and the Monetary Authority of Singapore have joined hands to li…

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4 mins read

Cambodia doesn’t want to depend on the dollar anymore — and its centralised cryptocurrency already has 5.9 million users

Cambodia has a population of just 17 million, almost comparable to the Indian union territor…

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3 mins read

This Indian startup is using Ethereum to help Maharashtra, Karnataka and Telangana fight against fake degrees

The Indian government may not have made up its mind about cryptocurrencies, that isn’t holding back…

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Sam Bankman-Fried and Binance's Changpeng Zhao spoke out on dedicating their life's work to crypto in an interview. Here are their best quotes.

The two crypto exchange founders have come up during a massive investment surge into the cryptocurr…

Ethan Wu   


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Mukesh Ambani, the second-richest person in Asia, joins the list of ultra-rich people opening a family office in Singapore

Lured by low taxes, many ultra-rich people have established offices in Singapore in recent years, i…

Amanda Goh   


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Binance bans users in Singapore from trading crypto as the country tightens its clampdown on the exchange

The move comes after Singapore's central bank on September 2 said binance.com could be breaching lo…

Isabelle Lee   


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3 mins read

Tencent joins Alibaba and Bytedance in making Singapore its new headquarters after India ban and tensions in the US

The Chinese app developer behemoth Tencent Holdings has had a rough month. But, it hopes to turn th…

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Bitcoin isn't 'too big to fail' but could still disrupt the global monetary system, veteran economist Mohamed El-Erian says

If bitcoin were to fail, it would disrupt the current "liquidity paradigm," Allianz's chief economi…

Sophie Kiderlin   


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1 min read

Singapore government, HDFC Mutual Fund, Birla Mutual Fund invest in SBI cards and payment services

SBI Cards and Payment Services has raised Rs 2,769 crore from 74 anchor investors, ahead of its ini…

PTI   


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Goldman Sachs says $4 billion flowed out of Hong Kong to Singapore because of the protests

That's according to two Goldman Sachs analysts Gurpreet Singh Sahi and Yingqiang Guo, who in a note…

Yusuf Khan   


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Singapore just shocked the markets - Here's what's happening in FX

"We see today's decision as the right policy move, given the weakening outlook for growth prospects…

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1 min read

Custom authorities are keeping a hawk eye on smuggling of latest iPhone models

The custom authorities at the Mumbai airport have stepped up their vigil and are asking passengers …

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6 mins read

FINTECH BRIEFING: 1 in 3 bank jobs could get axed - Swiss banks partner to fend off Apple Pay - Singapore embraces APIs

UK REGULATORS FAIL TO DELIVER ON TIME: The UK financial regulator (FCA), will fail to authorise the…

Sarah Kocianski   


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Global gold demand drops 6% in Q2 2024 due to slump in jewelry consumption, OTC investment pushes the total to record high

The record-high gold prices took a significant toll on jewelry consumption. Volumes fell 19% YoY to…

ANI   


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RBI action on Kotak Mahindra Bank may restrain credit growth, profitability: S&P

Credit cards are a higher-yielding target growth segment for Kotak Mahindra Bank. This portfoli…

PTI   


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10 mins read

Credit card rewards are turning us into jerks

The battle to rack up credit-card rewards is turning friends against each other.

Emily Stewart   


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Billionaire investor Ray Dalio sounds the alarm on US debt and says bonds aren't a good long-term investment

"I don't want to own debt, you know, bonds and those kinds of things. Temporarily right now, cash I…

Filip De Mott