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The city of Frankfurt has just received a significant boost as a financial hub. Deutsche Bank, a prominent financial institution based in Frankfurt, has successfully become the first European bank appointed to serve as a renminbi clearing bank by the People’s…
Globe, a prominent name in the telecommunication industry, recently revealed a strategic collaboration with e& Carrier & Wholesale Services (C&WS), internationally recognized as the global technology group e&’s wholesale division. The primary objective of…
Three major Chinese airline companies are set to acquire 95 aircraft from Airbus, in deals collectively valued at approximately $17.8 billion. This comes as part of a concerted effort by these airlines to expand their capacities and modernise their fleets…
Beginning in October, Singapore will permit foreign central banks and sovereign entities to store their gold reserves within its borders. This move is aimed at reinforcing Singapore’s standing as a regional hub for gold trading and storage. The city-state’s…
Boyu Capital, a private equity firm from China, is leading the race to acquire a majority stake in Starbucks’ China operations, a deal that could potentially value the unit at over US$4 billion. Boyu Capital remains in the bid after the final contender,…
Singtel has unveiled iSHIP, an all-in-one platform providing critical satellite-enabled connectivity and digital services for the maritime industry. iSHIP’s integrated services for crew and fleet management allows ship managers and owners greater flexibility…
The banker’s best-loved gadget may be making a return from the dead – thanks in part to the pandemic sending millions of workers into work-from-home arrangements. Blackberry smartphones were phased out at banks years ago – Credit Suisse’s finance chief David…
Samsung’s flagship Galaxy S8 smartphone will be equipped with Gemalto’s embedded Secure Element, a smart chip with a secure OS and applications, in selected markets. The smart chip can secure various application types including Samsung Pay (Samsung’s…
V-Key, a global leader in digital security, and Ant Financial Services Group, the leading global tech company that provides online and mobile financial solutions, have entered into a collaboration. Under the partnership, V-Key will provide a virtual software…
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