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Digital euro could drain up to 700 billion euros of deposits in bank run, ECB says
[ad_1] 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...
Singapore shares close lower in tandem with Wall Street retreat; STI slides 0.3%
[ad_1] Across the broader market in the city-state, decliners beat gainers 371 to 250 as 1.8 billion securities valued at S$1.4 billion are traded[SINGAPORE] Singapore shares closed lower on Friday...
Letitia James: New York Attorney General Indicted on Fraud Charges after Trump’s Pressure as She Calls It President’s ‘Political Retribution’
[ad_1] New York Attorney General Letitia James was indicted on Thursday by a federal grand jury in Virginia on charges of bank fraud and providing false information to a financial...
ComfortDelGro’s quiet tech play and why it’s not sweating GrabCab’s taxi move
[ad_1] Grab says it won’t poach rival drivers, but its entry may intensify Singapore’s tight market[SINGAPORE] Within just a decade, Grab has gone full circle from an entrant challenging incumbent...
‘The talent is there’: Is Singapore’s push for board diversity turning a corner?
[ad_1] 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...
Siemens Energy bets on ammonia, fuel flexibility to future-proof Asia’s power systems
[ad_1] The energy technology provider sets 2030 target for 100% hydrogen and ammonia-capable turbines [FINSPANG, Sweden] Fuel flexibility, especially the ability to burn clean fuels such as hydrogen and ammonia...
US to Assign 200 Troops to Oversee Gaza Ceasefire with Hamas after Trump’s Peace Deal but No American Soldier Will Enter Gaza
[ad_1] President Donald Trump will assign 200 American troops already stationed in the Middle East to assist Israel and help oversee the Gaza peace agreement, according to U.S. officials. The...
Thai stock exchange mulls relaxing rules to boost market liquidity and new listings
[ad_1] SET expects a stronger, more stable government after elections to implement effective economic policies[BANGKOK] The Stock Exchange of Thailand (SET) is considering easing some of its rules to boost...
Hongkongers rush to sell family jewels as gold glitters
[ad_1] [HONG KONG] Hong Kong residents rushed to sell everything from gold bars to rings this week, with people weighing family jewels and counting stacks of money as they scrambled...
St. Cloud Priest Accused of Having Sexual Contact with Woman While Acting as Her Spiritual Adviser
[ad_1] A former Catholic priest with the St. Cloud Diocese has been accused of sexual misconduct with a woman while being her spiritual adviser.Aaron John Kuhn, 47, of Wadena, was...
