FeaturedWealth managementSingapore wealthtech Kristal.AI secures funding for expansionPritam BordoloiJanuary 22, 2020 by Pritam BordoloiJanuary 22, 2020 The firm will expand its business in Asia as well as the Middle East after securing $6 mn... Read more
FeaturedMarketsOverseas investors purchase RM321 million in Malaysian equitiesBharath KumarJanuary 21, 2020March 18, 2020 by Bharath KumarJanuary 21, 2020March 18, 2020 MIDF Research said that offshore net buying activity rose to RM257.2 million on Friday, the biggest in a day since late May 2019... Read more
FeaturedTechnologyAfrican tech companies invited to partner Britain-led growth schemeBharath KumarJanuary 21, 2020March 18, 2020 by Bharath KumarJanuary 21, 2020March 18, 2020 With its startups generating 50% more venture capital in 2017 than in 2016, Africa is witnessing an exponential growth in the technology industry... Read more
FeaturedMicrosoft, Alphabet divided on EU facial recognition banBharath KumarJanuary 21, 2020March 18, 2020 by Bharath KumarJanuary 21, 2020March 18, 2020 Microsoft President Brad Smith cited that the technology is important as it can help NGOs find missing citizens... Read more
EconomyFeaturedSouth Africa to restructure GDP data September onwardsBharath KumarJanuary 21, 2020March 18, 2020 by Bharath KumarJanuary 21, 2020March 18, 2020 The start year for calculating GDP will be updated to 2015 from the existing year of 2010... Read more
BankingFeaturedGoldman bank licenced to operate in South Africa as part of expansionBharath KumarJanuary 21, 2020March 18, 2020 by Bharath KumarJanuary 21, 2020March 18, 2020 The bank has become a member of Johannesburg Stock Exchange’s interest-rate and currency-derivatives market... Read more
FeaturedInsuranceFive firms in the fray to acquire Prudential Life KoreaBharath KumarJanuary 21, 2020March 18, 2020 by Bharath KumarJanuary 21, 2020March 18, 2020 Taiwan’s Fubon Financial Holdings is the sole foreign bidder while the remaining four are local financial firms... Read more
EnergyFeaturedAdnoc, Eni to tap into new opportunities in oil and gas sectorBharath KumarJanuary 21, 2020March 18, 2020 by Bharath KumarJanuary 21, 2020March 18, 2020 They will explore opportunities in carbon capture utilisation and storage as well as research and development... Read more
FeaturedReal EstateThailand eases mortgage loan regulations to support homebuyersBharath KumarJanuary 21, 2020March 18, 2020 by Bharath KumarJanuary 21, 2020March 18, 2020 First-time buyers purchasing homes worth less than 10 mn baht can borrow an extra 10% for furniture... Read more
FeaturedFintechJP Morgan, UK Aid invest $15 million in Catalyst FundBharath KumarJanuary 20, 2020March 18, 2020 by Bharath KumarJanuary 20, 2020March 18, 2020 Catalyst Fund will back 30 fintech startups in Kenya, Nigeria, South Africa, India and Mexico over next three years... Read more