currencies

Singapore falls two places in cost of living rankings on weaker SGD: ECA International

SINGAPORE has fallen two places to rank 14th among the most expensive locations in the world for expatriates, mainly due to a weaker Singapore dollar (SGD) resulting from the local economic...

Accounting for bitcoin's 9,000,000% rise in a decade

NEW YORK • Emerging from the ashes of the financial crisis, digital token bitcoin was created as a bypass to the banks and government agencies mired in Wall Street's greatest calamity in decades...

Days of old-school money changers may be numbered

Money changers shuffling stacks of notes in their kiosks are a common sight around town. But their days are increasingly fraught with uncertainty as high-tech rivals muscle in on their turf.

UK fintech to launch in region with S'pore as likely base

British fintech Revolut will start operating in the Asia-Pacific early next year with Singapore as its likely base, it said yesterday.

Little India retailers feeling the pinch in run-up to Deepavali

Cash registers in Little India should be ringing non-stop at this time of the year as Deepavali is approaching, but the plunging Indian currency is making customers think twice.

Singapore start-up to launch Manny Pacquiao cryptocurrency

A Singapore start-up is targeting to launch a cryptocurrency that leverages the popularity of Philippine boxing legend Manny Pacquiao.

Singapore start-up to launch Pacquiao cryptocurrency by early next year

The cryptocurrency will allow fans to buy Philippine boxing legend Manny Pacquiao's merchandise, including his used boxing gloves, and interact with him via live-streaming.

US$ slide to 3-year low against S$ pushing exporters to hedge

THE greenback sank to a three-year low against the Singdollar on Thursday after United States Treasury Secretary Steven Mnuchin said he would welcome a weaker currency.