At the interbank foreign exchange, the rupee opened on a weak note and breached the crucial 85.00 level against the greenback.
Hashtag: #Finance
Over 180,000 Singaporeans used ‘money lock’ feature to set aside SGD 15.8 billion
The Monetary Authority of Singapore has said over 181,000 customers have used the “money lock” security option as of Oct 31. It was introduced last year and is currently offered by DBS, OCBC, UOB, Citibank, HSBC, Maybank and Standard Chartered Bank.
Max Life Insurance survey reveals only 24 percent Indians confident of their savings lasting beyond 10 years post-retirement
As per the survey’s fourth edition, southern India (48) stands behind eastern India (54) and western India (49), as well as the national average of 49. This score, however, places the region at par with northern India.
Cost-of-living cash benefits coming to 2.9 million Singaporeans in December
A media release from the Ministry of Health in Singapore said: “Under the enhanced [Assurance Package], about 2.9 million Singaporeans aged 21 and above in 2025 will receive SGD 200 to SGD 600 in cash in December 2024.”
Nvidia rides Trump wave to breach USD 3.6 trillion mark, overtakes Apple as most valued company
Donald Trump’s return to the White House has had a bullish effect on certain American companies. Shares of chip making giant Nvidia moved north to close at a value of USD 3.65 trillion on Thursday, November 7.
State Bank of India launches innovation hub at Singapore Fintech Festival to drive digital transformation
The State Bank of India (SBI) Innovation Hub was launched in partnership with APIX, a Singapore-based leading global collaborative innovation platform for financial institutions and fintechs at the festival, being held November 6-8.
Singapore: OCBC to allow 7-year-olds to operate bank accounts, own debit cards
A “kill switch” can also be activated to freeze their account. Using the OCBC Digital app, they can lock and unlock their debit card to prevent digital banking, debit card and ATM access if they suspect their account has been compromised.
Microsoft and CrowdStrike stocks bearish on Wall Street after Blue Screen error affects global institutions
The Wall Street movement on Friday coincided with a significant global outage that caused delays for flights, banks, and even doctor’s appointments.
Indian startup Timbuckdo raises seed funding of USD 238K from angel investors Morton Meyerson and Nandkishore Kalambi
Founded by Mythri Kumar and Apoorv Sharma Prasad, Timbuckdo connects students with part-time gig opportunities, bridging the gap between students seeking flexible employment and businesses in need of part-time support.
Bitcoin soars to USD 62,800 following Trump rally shooting
The ripple effects of this price surge were felt across the broader cryptocurrency market.
