European natural gas prices slid further after closing at the lowest level in almost 22 months, as forecasts for a rebound in wind generation add to an already sluggish demand outlook.
Use our special promo code: GO for 75% off your Echelon tickets! The 2023 Echelon Asia Summit is happening at the Singapore EXPO on 14-15 June 2023. Are you a startup founder, investor, corporate, or tech enthusiast? Don’t miss out on one of the most anticipated tech conferences in the region! For more information, visit the ...The post8 startup frontrunners vying for a spot in the 2023 TOP100appeared first one27.
This Means Business series showcases startups in Southeast Asia (SEA) and how they are making their money. If you want to be featured in this series, please contact writers@e27.co. In April, Funding Societies–the digital finance platform known in Indonesia as Modalku–announced that it had crossed US$3 billion (approx. S$4.1 billion) over more than five million ...The postHow Funding Societies implement diversificatio...
Thailand’s central bank expects to relax rules on the use of china’s yuan for trade this year to help reduce the impact of currency volatility, a deputy central bank governor said on thursday (may 11).
Chinese treasuries extended their rise on thursday (may 11), pushing the 10-year benchmark yield below a key threshold, as downbeat inflation data and news of banks’ plans to cut deposit rates fuelled bets on further monetary easing.
The rush for gold – a strategic hedge against inflation – in the first three months of the year saw the monetary authority of singapore (mas) leading the pack of central banks in the world as the top buyer of the yellow metal, according to recent data.
Ing groep, the largest dutch bank, reported better than expected first-quarter profit on thursday (may 11), as rising interest rates, combined modest risk costs, had a positive impact on liability margins.
The trio of local banks continued to post robust results for the first quarter of 2023, but their net interest margins (nims) appear to be past their peak.
Use our special promo code: GO for 75% off your Echelon tickets! The 2023 Echelon Asia Summit is happening at the Singapore EXPO on 14-15 June 2023. Are you a startup founder, investor, corporate, or tech enthusiast? Don’t miss out on one of the most anticipated tech conferences in the region! For more information, visit the ...The postAt Echelon Asia Summit 2023, we are looking at what the future may bringappeared f...
The past few years have spurred the rise of industries such as e-commerce and food delivery, exhibiting market growth in unprecedented ways. Along with its rise, we have also witnessed the growing importance of accurate mapping technology, particularly for last-mile deliveries that are reliant on correct and updated information. Thanks largely to advances in technology ...The postHarness the power of your location da...
Today, Singapore-based tech-enabled coffee chain Flash Coffee announced the successful completion of its Series B financing round led by White Star Capital, raising a total of US$50 million following its latest closing. Existing investors, including White Star Capital, Delivery Hero, Geschwister Oetker, and Conny & Co, participated in the financing round – several of them ...The postFlash Coffee extends Series B roun...
The cost to borrow overnight in hong kong jumped to a 16-year high as liquidity continued to tighten in the city after repeated currency intervention from authorities.
China has asked its commercial banks to cap rates offered on some deposits from next week, in its latest move to lower lenders’ funding costs to support the world’s second-largest economy.
