Economy FeaturedIF Insights: Expats flee as cost of living soars in SingaporeIFM CorrespondentMay 4, 2023 by IFM CorrespondentMay 4, 2023 As per logistics service provider APAC Relocation, the rent increase has caused around 10% of its clientele to move away from Singapore... Read more
Commodity FeaturedZimbabwe to introduce gold-backed digital currencyIFM CorrespondentMay 2, 2023 by IFM CorrespondentMay 2, 2023 In order to stop the recent significant depreciation of the Zimbabwe dollar on the black market, the RBZ is also thinking about putting more Mosi-oa-Tunya gold coins onto the market... Read more
Currency FeaturedUAE T-Sukuk to support Islamic finance ecosystem, investment optionsIFM CorrespondentMay 2, 2023 by IFM CorrespondentMay 2, 2023 The T-Sukuk will initially be issued with terms of 2, 3, or 5 years, with a 10-year sukuk following at a later time... Read more
Currency FeaturedIF Insights: CBDCs are the new craze in the world of digital currenciesIFM CorrespondentApril 27, 2023 by IFM CorrespondentApril 27, 2023 CBDCs are envisioned to provide households, consumers, and businesses with secure means of exchanging digital currency... Read more
Commodity FeaturedHow central banks used gold since the 1990sIFM CorrespondentMarch 30, 2023March 30, 2023 by IFM CorrespondentMarch 30, 2023March 30, 2023 Central banks sold gold on the net in the 1990s and the first part of the 2000s... Read more
Currency FeaturedHuobi selects Singapore as its new regional headquartersIFM CorrespondentNovember 30, 2021 by IFM CorrespondentNovember 30, 2021 The crypto giant has already moved a significant part of its operations to Singapore... Read more
Currency FeaturedBitcoin hovers below record levels after first-ever ETF debuts on NYSEIFM CorrespondentOctober 20, 2021 by IFM CorrespondentOctober 20, 2021 The Proshares Bitcoin-linked ETF is trading under the ticker name of BITO... Read more
Currency FeaturedHong Kong takes first step towards central bank digital currencyIFM CorrespondentOctober 6, 2021 by IFM CorrespondentOctober 6, 2021 Hong Kong’s central bank has published a technical whitepaper for a potential retail digital currency... Read more
Currency FeaturedBank of England names reps from Asos, PayPal and Spotify in CBDC forumIFM CorrespondentSeptember 30, 2021 by IFM CorrespondentSeptember 30, 2021 The BoE forum will explore the practicalities of designing, rolling out and operating a CBDC... Read more
Currency FeaturedBitcoin’s value will be more than $500,000 in five yearsIFM CorrespondentSeptember 16, 2021 by IFM CorrespondentSeptember 16, 2021 Despite its volatile nature, experts are predicting a bright future for the crypto... Read more