Ravi Menon, Singapore’s central bank chief, said fintechs must serve a larger good and create a better, greener world.
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.
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.
Sustainability appears set to lead discussions at Singapore’s Fintech Festival this year, as attendees look for ways to cash in on going green.
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.
Fund managers are more dispirited about the potential for a trade war resolution, according to the October BofA-ML fund manager survey, released Wednesday.
The MAS reduced the Singapore dollar’s rate of appreciation slightly Monday, taking a more prudent approach to easing policy than some analysts expected.
The U.S. trade war with China may be drawing unstable lines in the sand, but Singapore’s Deputy PM Heng said Thursday Asia remained committed to free trade.
Fund managers’ recession expectations have hit levels last seen during the Global Financial Crisis, according to the BofA-ML September survey Tuesday.
Global fund managers are still nervous in August, pulling away from equities and turning to “insurance,” the BofA-ML fund manager survey said Tuesday.
Global fund managers were a tad less pessimistic, but they continued to fret over economic risks, the BofA-ML fund manager survey for July found.