Fashion

Thailand’s virtual bank race heats up
[ad_1] [BANGKOK] Thailand’s finance ministry is set to issue three virtual banking licences by mid-June – a move that could jolt the country’s lucrative but tightly held financial sector, long...
DBS mobile app customers face intermittent access on Monday; bank says issue resolved
[ad_1] More than 1,000 reports have been made on outage tracking site Downdetector since around 2 pmDBS and POSB customers had difficulties accessing the bank’s mobile apps on Monday (Jun...
Bank of Japan sets aside maximum provision of losses for bond transactions
[ad_1] [BENGALURU] The Bank of Japan (BOJ) has set aside the maximum provision for losses on bond transactions, a spokesperson for the central bank said on Monday (Jun 2).The level...
Bank of Korea’s Rhee says US-China trade talks important for Asia
[ad_1] [SEOUL] Bank of Korea (BOK) governor Rhee Chang-yong said the outcome of trade negotiations between the US and China will have an impact on all of Asia’s economies, highlighting...
South Korea to minimise impact of 50% tariff on steel products, ministry says
[ad_1] The country is the fourth-biggest exporter of steel to the United States, behind Canada, Mexico and Brazil last year, according to American Iron and Steel Institute dataPublished Mon, Jun...
F&B woes push Tung Lok into full-year loss of S$1.8 million
[ad_1] [SINGAPORE] Tung Lok Restaurants on Friday (May 30) posted a net profit of S$853,000 for its second half ended March, a 52.1 per cent decline from S$1.8 million in...
Samsung nears wide-ranging deal with Perplexity for AI features
[ad_1] [LOS ANGELES] Samsung Electronics is nearing a wide-ranging deal to invest in Perplexity AI and put search technology from the artificial intelligence (AI) startup at the forefront of the...
Stocks to watch: Grand Venture, Tung Lok, DFI, Olam, Stamford Land, Boustead, Wee Hur, OKP
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jun 2).Grand Venture Technology: The semiconductor company on Sunday said it had paused...
Asia’s coal-reliant steel giants stall green transition: panellists
[ad_1] [SINGAPORE] Asia’s steel giants are slowing the global green transition, as top producers China and India drag their feet on decarbonisation amid high costs and weak market demand –...
‘Let’s bank’: How MariBank plans to win over Singapore’s retail and SME segments
[ad_1] [SINGAPORE] When Natalia Goh joined Sea’s digital bank MariBank, the first question she often got was: how do you pronounce it? “Mari”, inspired by the first word in the...
There’s one bright spot for San Francisco’s office space market
[ad_1] SAN FRANCISCO — In recent years, San Francisco’s image as a welcoming place for businesses has taken a hit.Major tech companies such as Dropbox and Salesforce reduced footprints in the city...
Independent director Chua Kee Lock acquires venture shares on open market
[ad_1] [SINGAPORE] Over the five trading sessions from May 23 to May 29, institutions were marginal net sellers of Singapore stocks, with net institutional outflow of S$2 million compared to...