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The Straits Times

Coinbase launches Singapore engineering hub with EDB

The largest cryptocurrency exchange in the United States has launched an engineering hub in Singapore to boost the local blockchain developer scene.

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2 mins  |
November 07, 2024
The Straits Times

Great Eastern posts 52% increase in third-quarter profit to $273.4 million

Great Eastern posted a 52 per cent year-on-year increase in net profit to $273.4 million for the third quarter ended September, from $180.2 million in the previous corresponding period.

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1 min  |
November 07, 2024
The Straits Times

SingPost almost doubles first-half profit to $22.6 million

SingPost's net profit for the first half year ended September nearly doubled to $22.6 million on higher revenue, it reported on Nov 6.

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2 mins  |
November 07, 2024
Some 4,500 workers to get average 5% pay raise above annual increment
The Straits Times

Some 4,500 workers to get average 5% pay raise above annual increment

Wage boost part of NTUC grant scheme for firms undergoing transformation

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2 mins  |
November 07, 2024
The Straits Times

Local shares climb on early bets of Trump win in US election

● STI inches up 0.6% but losers outshine gainers 300 to 257 ● ST Engg is top gainer, up 2.4%; trio of local banks rally ● Regional bourses mixed amid gains on Wall Street

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1 min  |
November 07, 2024
DBS doubles down on financial wellness to tackle Asia's ageing needs
The Straits Times

DBS doubles down on financial wellness to tackle Asia's ageing needs

As people in rapidly ageing societies live longer, DBS is looking to enable more retail individual investors to plan earlier and do more with their money so they don't outlive their retirement nest-egg

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6 mins  |
November 07, 2024
Achieving more efficient and compliant cross-border payments
The Straits Times

Achieving more efficient and compliant cross-border payments

Three mindset shifts are necessary for a truly seamless global payments ecosystem. By Lim Soon Chong

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5 mins  |
November 07, 2024
Banking on AI for a smarter future
The Straits Times

Banking on AI for a smarter future

It must be viewed not only as a tool for efficiency, but also as an enabler of deeper client relationships, greater financial inclusion, and enhanced trust. By Ashmita Acharya

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4 mins  |
November 07, 2024
Transforming the banking experience with generative AI
The Straits Times

Transforming the banking experience with generative AI

As the behind-the-scenes processes in banks change with the use of new technology, find out how OCBC is using generative AI to build the bank of tomorrow

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5 mins  |
November 07, 2024
The Straits Times

Quantum computing: banking's next revolution

The technology can perform calculations at speeds much faster than traditional computing, which pushes the limits of science and engineering. By Praveen Raina

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3 mins  |
November 07, 2024
How digital banking drives regional connectivity
The Straits Times

How digital banking drives regional connectivity

It is doing so by enhancing financial inclusion, supporting cross-border trade and fostering regulatory harmonisation.

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4 mins  |
November 07, 2024
Serving new economy businesses with future-focused payment and trade solutions
The Straits Times

Serving new economy businesses with future-focused payment and trade solutions

HSBC has developed and introduced a range of services and innovations to support fast-moving tech businesses with global ambitions

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5 mins  |
November 07, 2024
Digital assets have wide range of benefits and harmonising regulations is key to wider adoption
The Straits Times

Digital assets have wide range of benefits and harmonising regulations is key to wider adoption

Regulators need to play an important role in implementing measures to shield consumers from market manipulation, fraud and other risks associated with digital assets

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3 mins  |
November 07, 2024
The Straits Times

What's next for financial services in AI and tech

The roles of artificial intelligence and technology in this sector are rapidly expanding, offering both opportunities and risks

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10 mins  |
November 07, 2024
The Straits Times

Developer can't retain 'unreasonable' $1.2m deposit for $1.9m unit, apex court rules

When a father-and-daughter pair from China decided not to go through with the purchase of a $1.9 million condominium unit after paying almost $1.2 million for it, the property developer initially had the entire sum forfeited and refused to return the deposit to them.

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3 mins  |
November 07, 2024
The Straits Times

Maid accused of rash act in death of 4-year-old girl

River Valley fatal accident

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2 mins  |
November 07, 2024
The Straits Times

New initiative seeks to boost understanding of families in Asean

Member states will share data, work on a cross-country survey on state of families

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2 mins  |
November 07, 2024
4 crewmen on Dutch dredging boat charged over oil spill accident
The Straits Times

4 crewmen on Dutch dredging boat charged over oil spill accident

Four crew members on Netherlands-flagged dredger Vox Maxima allegedly failed to perform their duties properly on June 14, causing around 400 tonnes of fuel to be leaked into the sea after an accident.

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1 min  |
November 07, 2024
The Straits Times

COE premiums down for all vehicle categories

Certificate of entitlement (COE) premiums fell across all categories at the latest tender exercise on Nov 6—the second consecutive time that prices have fallen after the previous exercise.

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2 mins  |
November 07, 2024
The Straits Times

Shanmugam clarifies his role over the halting of Allianz-Income deal

He says decision to amend Insurance Act to halt deal made by PM Wong with Cabinet

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3 mins  |
November 07, 2024
ST scores one gold and two silvers at Asian Media Awards
The Straits Times

ST scores one gold and two silvers at Asian Media Awards

When rumours swirled in late March that national swimmer Joseph Schooling was planning to retire, The Straits Times' creative department went into full gear, producing what would become an award-winning artwork.

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2 mins  |
November 07, 2024
LTA to test self-driving goods vehicles, minibuses on roads
The Straits Times

LTA to test self-driving goods vehicles, minibuses on roads

Use cases can help address manpower challenges, says Chee Hong Tat

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3 mins  |
November 07, 2024
The Straits Times

New lawmakers in Indian Kashmir seek restoration of autonomy

Newly elected lawmakers in India's Jammu and Kashmir territory passed a resolution on Nov 6 demanding that New Delhi restore the partial autonomy of the Himalayan region, a contentious move Prime Minister Narendra Modi's government is likely to reject.

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1 min  |
November 07, 2024
The Straits Times

Emerging axis' troubling: Aussie official

The head of Australia's national intelligence office said an \"emerging axis\" of countries providing support to Russia, including China, Iran and North Korea, was \"a profoundly troubling strategic development\" that Western countries were struggling to catch up with

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1 min  |
November 07, 2024
The Straits Times

N. Korean troops clash with Ukrainian forces in Kursk, says report

North Korean troops have engaged in clashes against Ukrainian forces fighting in the Russian Kursk region, The New York Times reported late on Nov 5, citing an unnamed senior US official and an unnamed senior Ukrainian official.

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1 min  |
November 07, 2024
Russia ratifies defence pact with North Korea
The Straits Times

Russia ratifies defence pact with North Korea

Agreement formalises months of deepening security cooperation

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3 mins  |
November 07, 2024
The Straits Times

Muhyiddin has his way in party polls, proving his staying power

But campaign to wrest power from Anwar coalition continues to face headwinds

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4 mins  |
November 07, 2024
The Straits Times

15 years' jail for Malaysian military contractor who bribed US Navy officers

Leonard Francis, the Malaysian military contractor known as \"Fat Leonard\", was sentenced to 15 years in prison on Nov 5 for his role in the US Navy's worst-ever corruption scandal.

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1 min  |
November 07, 2024
The Straits Times

S'pore, UK sign pact to boost AI safety, reliability

The agreement will strengthen cooperation between the AI safety institutes of both countries in areas such as research, information sharing and comprehensive AI testing.

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2 mins  |
November 07, 2024
The Straits Times

Pakistan's Punjab sets up 'smog war room' to combat hazardous air

Pakistan's Punjab set up a \"smog war room\" to tackle severe pollution, officials said, as poor air quality in Lahore pushed the capital of the eastern province to the top of the rankings as the world's most polluted city.

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1 min  |
November 07, 2024