German firms diversify in Asia to reduce China risk: Survey

BERLIN: Nearly half of German companies operating in China are taking measures to reduce the risk of doing business there largely due to growing geopolitical tensions, according to a new…

Who’s Who Legal: Arbitration 2024 recognizes 46 Freshfields lawyers

News 05 December 2023 In the Who’s Who Legal: Arbitration 2024 analysis published on November 29, 2023, Freshfields was once again recognized as one of the top international arbitration…

Mathematics, reading skills in unprecedented decline in teenagers: OECD survey

The Paris-based Organisation for Economic Cooperation and Development said it had seen some of the steepest drops in performance since 2000 when it began its usually triennial tests of 15-year-olds…

Singapore releases its National AI Strategy 2.0 – Digital Transformation News

The Singaporean government released its updated National AI Strategy 2.0 on December 4, 2023, outlining how it plans to embrace innovation and tackle the challenges associated with artificial intelligence (AI),…

CytoMed Therapeutics Signs HOA and MOU to Advance Research on Allogeneic Gamma Delta T Cell Technology

SINGAPORE, Dec. 5, 2023 /PRNewswire/ — CytoMed Therapeutics Limited (NASDAQ: GDTC) (“CytoMed” or “Company”), a Singapore-based biopharmaceutical company focused on harnessing its proprietary technologies to develop novel donor-derived cell-based allogeneic…

Thailand and Hong Kong Launch Cross-Border QR Payments

On December 4, 2023, Thailand’s central bank and the Hong Kong Monetary Authority launched a new cross-border QR payment link enabling travelers from Thailand and Hong Kong to make retail…

Euro zone yields fall, stock rally takes a breather

SINGAPORE/LONDON :Germany’s 10-year government bond yield dropped to its lowest in six months on Tuesday and world shares paused around four-month highs as traders upped bets on European Central Bank…

Daily Compliance News: December 5, 2023 – The Money – Laundering in Singapore Edition | JD Supra

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee,…

Dollar finds footing; Aussie slides after RBA holds rates

SINGAPORE :The U.S. dollar regained some ground on Tuesday and hovered near a one-week high against a basket of currencies, while the Australian dollar fell after its central bank left…

Two Philippine coal plants selected for early phase-out under Singapore central bank’s test of new ‘transition credits’

Singapore’s central bank has announced two pilot transactions located in the Philippines to test the feasibility of its new concept of using “transition credits” to hasten the early retirement of…