Singapore's Purchasing Managers' Index (PMI) edged up 0.1 point to 51.4 in July, marking 12 straight months of expansion, according to data from the Singapore Institute of Purchasing and Materials Man…
OCBC will use an agentic AI platform called Helios to cut wealth client onboarding time to 15 business days, down from the current industry median of about six weeks. The platform, built by the bank's…
The Monetary Authority of Singapore directed banks to report cryptoasset exposures and engage on prudential treatment before a full Basel-aligned framework takes effect on January 1, 2027, and propose…
The sustainability of the artificial intelligence investment boom has become a key risk to global growth and financial stability, said Chia Der Jiun, managing director of the Monetary Authority of Sin…
Banks in Singapore, including DBS, OCBC and UOB, are deploying agentic AI systems that can autonomously plan and execute complex tasks across wealth advisory, client onboarding, KYC, compliance and op…
Singapore stocks fell on Monday, with the Straits Times Index (STI) down 0.2% to 5,498.95, amid a tech rout in Asian markets triggered by the launch of Chinese startup Moonshot AI's Kimi 3.0 model, wh…
Singapore's non-oil domestic exports rose 20.7% year on year in June, moderating from May's 38.4% increase and missing economists' median forecast of 28.7%, as AI-driven electronics demand kept export…
OCBC plans to raise annual technology spending to more than $771mn, as new CEO Tan Teck Long doubles down on AI and digital banking. The increase, one of Tan's first strategic signals since taking ove…