For banks to make loans to individuals or businesses without a credit history, they must turn to non-traditional metrics, but the results can be spotty.
Bonds and credit
Where do you draw the line between regulation and innovation? Central banks are grappling with this issue in the face of rapidly changing technology.
Smartphones may be hailed as the game-changer in efforts to bring more people into the formal banking system, but it’s not living up to the hype.
Temasek said Thursday it priced 500M euros of 12-year bonds at 0.50 percent and 500M euros of 30-year bonds at 1.25 percent amid strong demand.
These are Singapore companies which may be in focus on Thursday, 14 Nov. 2019: Temasek, Yangzijiang, ComfortDelGro, Olam, Keppel and Eagle Hospitality Trust.
Keppel Capital entered a deal to acquire 50% of Pierfront Capital Fund Management from Pierfront Capital Mezzanine Fund for US$7.8M, Keppel said Wednesday.
Temasek intends to launch an offering of 12-year and 30-year bonds denominated in euros, Singapore’s state-owned investment company said Wednesday.
Jason Thompson, CEO of Indonesian digital payment player OVO, said there’s more to financial inclusion than just bank accounts and digital payments.
All it took was another rate cut: Economic growth expectations surged and risk-taking took off in November, according to the Bofa-ML fund managers survey.
The Monetary Authority of Singapore (MAS) announced Monday it set up a US$2 billion program to invest in public-market strategies with a strong green focus.
Sustainability appears set to lead discussions at Singapore’s Fintech Festival this year, as attendees look for ways to cash in on going green.
These are Singapore companies which may be in focus on Friday, 8 November 2019: Genting Singapore, SPH REIT, SIA, Dairy Farm, Thai Beverage and LMIRT.
These are Singapore companies which may be in focus on Wednesday, 6 November 2019: Singapore Airlines, StarHub, Perennial, AIMS APAC REIT and HPHT.
AIMS APAC REIT said Tuesday it will issue S$100 million 3.60 percent fixed rate notes as part of its S$750 million multicurrency debt issuance program.
HPHT’s subsidiary HPHT Finance has issued US$500 million 2.875 percent guaranteed notes due 2024, the trust said in a filing to SGX Tuesday.
Singapore Press Holdings said Tuesday it priced an offering of S$300 million subordinated perpetual securities at 4 percent.
The ECB’s decision to cut rates is a “game changer,” set to force the hand of the Fed, Markus Schomer, chief economist at PineBridge, said Monday.
These are Singapore companies which may be in focus on Friday, 1 November 2019: Keppel, Yangzijiang, Ascott Residence Trust, AA REIT, Hi-P and Sabana REIT.
These are Singapore companies which may be in focus on Wednesday, 30 October 2019: SATS, Sembcorp, Ascendas Hospitality, Starhill Global REIT and Ezion.
These are Singapore companies which may be in focus on Tuesday, 29 October 2019: Temasek, Stamford Land, Cache Logistics Trust, Wilmar, Creative and HPHT.