Jack Wong Ho-nam was watching the Rio Olympics during the off-season when his mind began to wander: he was sick of being “ordinary”, a fire was seemingly lit and the apprentice dared to dream ...

The MAS increased DBS’s regulatory capital by S$1.6bn and blocked it from acquisitions or non-essential IT upgrades for six months. Gupta’s pay was docked by more than a quarter, or S$4.4mn, over the ...

SINGAPORE: Billionaire Jack Ma’s Ant Financial has applied for a digital banking license in Singapore, as China’s largest online financial platform steps up efforts to expand outside the mainland.