Laurence D Fink, who runs the world’s largest asset manager, said the recent stock market decline presents a buying opportunity because markets are poised to gain over the course of the next year. “You can’t walk away from these movements,” Fink, chief…
About 5 in 10 say they spend more than $100/month. Singapore male youth spend more than women on online purchases, according to Singapore Polytechnic’s survey of 816 youth aged 15 to 35. About 5 in 10 (50.6%) males say they spend more than $100 per month on…
A bold new plan to enable money transfers using only mobile phone numbers is being explored as the banking industry looks at ways to improve payment technologies. Monetary Authority of Singapore (MAS) managing director Ravi Menon revealed the initiative…
AirAsia Bhd is acquiring the remaining 60% interest in financial services provider Tune Money Sdn Bhd as well as its entire issued redeemable preference shares (RPS) for RM6.36mil in cash. In a filing with Bursa Malaysia, AirAsia said the payment of about…
Smartphones could give retailers and brands unprecedented insight into consumer spending and behavior just by allowing you to photograph your receipt. That’s the premise of a new technology startup that launched in Indonesia today. Snapcart is backed by…