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OCBC SECURITIES
SWIFT and top global banks working on blockchain-based overhaulSWIFT and over 30 global banks are rapidly developing a blockchain-based shared digital ledger to enable instantaneous, 24/7 cross-border p...- Yuan trades near 10-month high on firm PBOC guidance, Fed outlookThe Chinese yuan is near a ten-month high against the dollar. The People's Bank of China is managing the yuan's appreciation. Analysts sugg...
- Dollar steady ahead of inflation data, yen wobblesThe dollar was stable on Wednesday ahead of crucial inflation readings, lifted by rising Treasury yields. The yen drifted to its weakest in...
- Rupee ends lower, forward premiums tumbleThe rupee finished down on Monday as the dollar strengthened and the Chinese yuan fell to a low not seen for two weeks amid concerns about ...
- Indian rupee holds near 2-week lows on strengthening US dollarAsian currencies were also mostly weaker through the day.If the support at 81.85 for USD/INR holds, another upswing is possible, which may ...
- Indian rupee ends 2022 as worst-performing Asian currencyHeading into 2023, market participants believe the rupee would trade with an appreciation bias, finding relief from easing commodity prices...
- Singapore still hiring tech talent though mass layoffs taking place among global heavyweightsHotspots of business activity and recruitment remain even as parts of the tech industry cool amid rising inflation and interest rates as we...
- PM Launches NSE IFSC-SGX Connect in GIFT CityNifty contracts on SGX are popular among foreign investors who do not wish to register and trade in India. At its peak, trading in the Nift...
- Food protectionism spreads with Malaysia poultry export banMalaysia will halt exports of 3.6 million chickens a month from June 1, and investigate allegations of cartel pricing, Prime Minister Ismai...
- Virus woes and tech crackdown hammer Asian stocks; bonds rallyA surprise dovish turn from Chinese policymakers also sparked a rally in sovereign Chinese debt and sent 10-year yields to a 10-month low.
- Asian stocks fall on valuation concerns, high U.S. yieldsMSCI's broadest index of Asia-Pacific shares outside Japan deepened losses with a near 2 per cent drop, while high-flying technology stocks...
- Investors react to last Trump-Biden election debateA record 47 million Americans already have cast ballots, eclipsing total early voting from the 2016 election.
- Dollar climbs as Trump quarantines and stimulus stallsThe dollar index rose 0.2%, though it remains set for its softest week in more than a month as stimulus hopes stoked appetite for riskier a...
- VVIP choppers scam: Income Tax department finds fresh evidence after raiding Hyderabad groupOn January 1, 2014, India scrapped the contract with AgustaWestland for VVIP choppers to the IAF over alleged breach of contractual obligat...
- Forgers are forcing a $9 trillion business into the digital ageCyber-crime is also an increasing threat as fraudsters become more sophisticated, according to Collins at TradeCloud, which uses blockchain...
- China stocks slide on gloomy global growth outlookAt the close, the Shanghai Composite index fell 1.2 per cent to 2,579.70 points.
- India great platform for power demand: Sembcorp IndustriesWhile the first of two plants in the complex is now operational, the second should be up and running by the end of the year, after overcomi...
- India great platform for power demand: SembcorpSembcorp Industries big push in India is 2,640-megawatt Sembcorp Gayatri Power Complex in Andhra Pradesh, which opened earlier this year.
- TradeHero and Singapore Exchange launches StockWhiz 2015 contestAlmost three million users on TradeHero's free-to- download app are millennials, accounting for nearly 80 per cent of its user base.
- IIM-Bangalore summer job slots filled up in 4 daysFMCG majors like Hindustan Unilever and Coca-Cola offered foreign roles for summer internships at IIM Bangalore for the first time. Why go ...
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