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OCBC targets annual card billings of S$1b in 3 years for new travel credit card, Banking & Finance

OCBC targets annual card billings of S$1b in 3 years for new travel credit card, Banking & Finance

Mon, Aug 26, 2019 – 9:12 AM OCBC Bank on Sunday launched a new travel credit card called the OCBC 90°N Card, projected to achieve S$1 billion in annual card billings within three years. This…

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Tokenisation startups Sygnum, SEBA clinch conditional Swiss banking, securities licences, Garage

Tokenisation startups Sygnum, SEBA clinch conditional Swiss banking, securities licences, Garage

SWITZERLAND and Singapore-focused tokenisation startup Sygnum has clinched one of two conditional banking and securities dealers’ licences in Switzerland, the first time that the European country’s Financial Market Supervisory Authority (Finma) has given the go-ahead…

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The big gamble not to follow Fed, Banking & Finance

The big gamble not to follow Fed, Banking & Finance

Tue, Aug 27, 2019 – 5:50 AM DON’T expect Asia to take many leads from Federal Reserve Chairman Jerome Powell’s signal that further US interest rate cuts are coming.  That’s not because the Fed chief’s…

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Sygnum, SEBA Crypto clinch Swiss banking licences, Garage

Sygnum, SEBA Crypto clinch Swiss banking licences, Garage

Singapore SWITZERLAND and Singapore-focused tokenisation startup Sygnum has clinched one of two conditional banking and securities dealers’ licences in Switzerland, the first time that the European country’s Financial Market Supervisory Authority (Finma) has given the…

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AIA to transfer Brunei life insurance business to AIA Singapore, Banking & Finance

AIA to transfer Brunei life insurance business to AIA Singapore, Banking & Finance

Tue, Aug 27, 2019 – 11:44 AM INSURER AIA on Tuesday said it plans to transfer its life insurance business in Brunei to AIA Singapore Private Limited. The Brunei business is currently set up as…

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RRJ Capital in talks to invest $4 billion in HNA’s Ingram Micro: Bloomberg

RRJ Capital in talks to invest $4 billion in HNA’s Ingram Micro: Bloomberg

(Reuters) – RRJ Capital is in talks with Chinese conglomerate HNA Group Co [HNAIRC.UL] to lead a $4 billion investment in U.S. electronics distributor Ingram Micro Inc, Bloomberg reported on Saturday, citing people familiar with…

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RRJ Capital in talks to invest $4 billion in HNA’s Ingram Micro: Bloomberg

RRJ Capital in talks to invest $4 billion in HNA’s Ingram Micro: Bloomberg

(Reuters) – RRJ Capital is in talks with Chinese conglomerate HNA Group Co [HNAIRC.UL] to lead a $4 billion investment in U.S. electronics distributor Ingram Micro Inc, Bloomberg reported on Saturday, citing people familiar with…

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South African court impounds Tanzanian plane in compensation case: lawyer

South African court impounds Tanzanian plane in compensation case: lawyer

DAR ES SALAAM/JOHANNESBURG (Reuters) – South African authorities impounded an Airbus 220-300 aircraft leased by Tanzania’s national flag carrier following a court application by a retired farmer who is owed compensation by the Tanzanian government,…

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Measles-stricken New Zealand girl visited Disneyland, other California destinations

Measles-stricken New Zealand girl visited Disneyland, other California destinations

LOS ANGELES (Reuters) – A teenage girl from New Zealand sick with measles visited Disneyland and other popular tourist stops across Southern California earlier this month, possibly infecting others, local government health officials warned. FILE…

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France says social media platforms will still sign hate speech pledge

France says social media platforms will still sign hate speech pledge

BIARRITZ, France (Reuters) – France said it was optimistic that U.S.-based social media platforms including Facebook and Snapchat would still sign a pledge to fight online hate speech despite a last-minute delay. FILE PHOTO: Small…

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