After unnamed people familiar with the matter have been quoted as saying Broadcom Corp. is weighing the possibility to sweeten the declined bid worth $130 billion to buy Qualcomm Inc.'s, the New York Post wrote it learned the head of the Singapore-incorporated company is now "looking to...
Bank of Tokyo-Mitsubishi UFJ (BTMU) and Hitachi will start testing a joint blockchain technology-based system which will process check payments in Singapore, the Nikkei Asian Review reported on Monday. The project is the first one by Japanese companies in the field of financial technology to be...
The Monetary Authority of Singapore (MAS) said they have revealed lapses in money laundering control in a number of financial institutions. The investigation found out that the following banks were not paying much attention to money laundering practices: BSI Bank, DBS Bank, Singapore...
Markets in Asia and Pacific traded in range on Monday, following a weekend which started with a disappointing report from the United States labour market: the economy created just 38,000 jobs in May, compared to the 160,000 expected. Department of Commerce reported a 5.3% increase in the...
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