News

Singapore, India accounting bodies take ‘stepping stone’ towards mutual recognition of qualifications
They also sign a letter of cooperation setting out a framework for a proposed Global AI Fluency Initiative[SINGAPORE] Singapore’s accounting body and its Indian counterpart are taking a step...
DBS expects tokenised finance investment to catch up with traditional payments, custody in 2-3 years
Lender sees digital assets moving beyond experimentation, even as cryptocurrency prices remain under pressure[SINGAPORE] DBS expects its investment in tokenised finance to catch up with – and potentially overtake...
DayOne seeks loan to fund Hong Kong data centre ahead of US IPO
This comes amid efforts to raise funds to expand its global footprint as demand for AI capacity surgesPublished Fri, Aug 21, 2026 · 02:18 PM[HONG KONG] DayOne Data Centers...
More products, more risks? South Korea’s ETF experience offers lessons for Singapore’s retail fund push
MAS in July had proposed a more flexible framework that could allow retail investors to access new fund types[SINGAPORE] Singapore’s push to broaden the range of investment products for...
More products, more risks? South Korea’s leveraged ETF crisis has lessons for S’pore’s retail fund push
MAS in July had proposed a more flexible framework that could allow retail investors to access new fund types[SINGAPORE] Singapore’s push to broaden the range of investment products for...
Kakao to spin off chat app-based platform business into KakaoAI, relist in 2027
KakaoAI will focus on AI, advertising, commerce and the KakaoTalk chat app platformPublished Fri, Aug 21, 2026 · 11:03 AM[SEOUL] South Korea’s dominant chat app operator Kakao Corp said...
Asia shares bound for weekly fall as bond yields, oil stay high
Published Fri, Aug 21, 2026 · 10:20 AM[SYDNEY] Most Asian share indices were heading for weekly falls on Friday (Aug 21) as stress in global bond markets showed little...
South Korea’s SK Hynix weighs Japan chip plant, multi-trillion won investment: report
This could be the first large-scale semiconductor manufacturing investment in the Asian country by a South Korean chipmakerPublished Fri, Aug 21, 2026 · 09:27 AM[SEOUL] South Korea’s SK Hynix...
Hedge fund stars spark race to cut taxes in Hong Kong, Singapore
Singapore and Hong Kong each boast asset management industries worth more than US$5 trillionON WEDNESDAY evening, as most of Singapore’s workers headed home, several of its leading financiers crowded...
ChatGPT can now control Apple’s iMessage, potentially raising privacy concerns
Published Fri, Aug 21, 2026 · 07:18 AMOPENAI rolled out support on Thursday for controlling Apple’s iMessage service via ChatGPT, a move with the potential to raise privacy concerns...
Bessent flags bigger debt buyback potential, coming fiscal plan
The US Treasury Secretary announces an ‘increased focus on fiscal consolidation’Published Fri, Aug 21, 2026 · 06:48 AMUS TREASURY Secretary Scott Bessent said that he is prepared to expand...
Oil settles up more than 2% after Trump threatens countries supporting Iran
Shipping traffic through the Strait of Hormuz on Wednesday was unchanged from the day beforePublished Fri, Aug 21, 2026 · 06:09 AM[NEW YORK] Oil prices jumped more than 2 per cent...