News & Events
US Oil Shipments To Asia May Hit New High, Cool Mideast Crude Prices
SINGAPORE, May 16 (Reuters) – The volume of U.S. crude oil arriving in Asia is expected to hit a new high in July as Asian refiners sought arbitrage supplies to…
Read MoreAsia’s Oil Bill May Hit $1 Trillion
As Brent climbs closer to US$80, Asia’s oil expenses could reach US$1 trillion, Reuters reports, citing robust demand and a stronger greenback. This would likely have a marked negative effect on…
Read MoreThese Tech Revolutions Are Further Away Than You Think
Blockchain, AR, and the end of Comcast will remain the province of early adopters for a good long while. Bloomberg Businessweek’s Sooner Than You Think issue looks at a lot of AI…
Read MoreMalaysian Ringgit Hits Four-Month Low on Market Re-Opening after Mahathir’s Shock Election Win
(Reuters) – The Malaysian ringgit fell to a four-month low on its first day of trade following Mahathir Mohamad’s stunning win in the country’s general election last week. The ringgit MYR= weakened…
Read MoreHSBC says Performs First Trade Finance Transaction Using Blockchain
HONG KONG (Reuters) – HSBC Holdings Plc (HSBA.L) said on Monday it had performed the world’s first trade finance transaction using blockchain technology, a major step in boosting efficiency and…
Read MoreOil Cautious on Rise in U.S. Drilling, Iran Sanctions Opposition
SINGAPORE (Reuters) – Oil prices edged lower on Monday as a relentless rise in U.S. drilling activity points to increased output, while resistance emerged in Europe and Asia to U.S.…
Read MoreWhy Asia Will Come Out on Top as Emerging Markets Get Shaken Up
Macquarie’s Nizam makes comparison to mid-1990s Tequila crisis Asia has higher growth forecast, lower inflation outlook The turbulence seen across emerging markets is following a similar pattern to a…
Read MoreKeeping Loan Sharks Away From Indonesia’s Fintech Archipelago
Regulator hopes transparency will lower P2P interest rates Aims to restrict fundraising to registered fintech firms Indonesia is planning to tighten regulation of its vibrant financial technology sector, imposing new…
Read MoreNew Compulsory Training and Proficiency Test for Corporate Service Providers, starting Nov 15
SINGAPORE – Corporate service providers (CSPs) will soon have to take a new mandatory training and proficiency test aimed at boosting professional standards in the industry and Singapore’s reputation as an…
Read MoreHigher Oil Prices Look Likely
The path to higher oil prices seems pretty clear, but it isn’t inevitable. There are plenty of reasons why the oil market is suddenly on edge, and why oil prices…
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