Singapore refutes US accusation of currency manipulation
SINGAPORE "does not and cannot use the exchange rate to gain an export advantage or achieve a current account surplus", the Monetary Authority of Singapore (MAS) said in response to the US...
Fintechs rethink IPO rush amid weak debuts, healthy funding options
THE stinging performance of Uber's listing on the New York Stock Exchange - just as markets turned jittery again on renewed trade tensions - should add to the caution of young fintech firms in...
Winter has come for property loans
THE property cooling measures are starkly biting, with housing loans growth decelerating to its weakest pace since at least 1992, preliminary data from the Monetary Authority of Singapore (MAS) on...
Singapore bank lending up 0.6% in March: MAS preliminary data
BANK lending in Singapore inched 0.6 per cent higher in March from a month ago, as continued contraction in consumer loans was offset by a touch of strength in business lending, preliminary data from...
More VCs pour into Asean, but await elusive exits
VENTURE funds are pouring into the region at an unprecedented rate as big venture capital (VC) names from China and India jostle to tap on growth in South-east Asia.
Mobike's backpedal, and a lesson on ambition
WHEN Qiming Ventures invested in Mobike, it saw a disruptive force tackling the issue of getting around dense cities in the world's most populous country, observed Helen Wong, the partner who was...
How Grab can outwit the incumbents
VERTEX Ventures' Chua Kee Lock may try to tell startups at a pitch that it is no big deal.
Major VC player from Israel plans Asia fund, but says it'll watch out for froth
ONE of Israel's most active venture funding outfits plans to raise between US$30 million and US$50 million with an Asian partner for its first Asia fund in the next 18 months, even as it watches...
Stripe hires PayPal veteran to steer Asia-Pacific business
PAYMENTS startup firm Stripe has hired a veteran from PayPal to head its business in the Asia-Pacific, The Business Times understands.
Feb home loans shrink for first time since 2006
HOUSING loans in Singapore hit another low in February, with mortgages contracting over the month for the first time since April 2006, preliminary data from the Monetary Authority of Singapore showed...