News Centre

Disinflation Amid Robust Growth Presents Opportunity To Rebuild Policy Space In ASEAN+3

Date 10/10/2024

The ASEAN+3 Macroeconomic Research Office (AMRO) today launched its ASEAN+3 Financial Stability Report (AFSR 2024), which analyzes the latest market developments and potential risks within the ASEAN+3 region, while offering comprehensive analyses on some key challenges confronting the region. Since December 2023, financial risks in the ASEAN+3 region have evolved: while some risks (high inflation, higher for longer interest rate) have subsided, others (geopolitical tensions) have intensified. The region is poised to face a wide range of risks and challenges to financial stability in the near- to long-term.

LME: Disciplinary Action Marex Financial

Date 10/10/2024

This Notice records a settlement between the London Metal Exchange (the “LME”) and Category 1 Member, Marex Financial (“MFL”) which includes a financial penalty of £40,000.

SET Market Report For September 2024

Date 10/10/2024

The Federal Open Market Committee (FOMC) announced a 0.5 percentage point cut in its policy interest rate to the target range of 4.75 percent – 5.0 percent. This marked the first rate cut in over four years, aimed at balancing risks to employment and inflation target. U.S. stock markets reacted positively, signaling that investors no longer expect a recession. Historically, The Federal Reserve (Fed) rate cuts have boosted emerging market equities. Recent foreign capital inflows into ASEAN bourses spurred rallies in most regional stock indices in September, led by Thailand, the Philippines, and Singapore, in descending order.

GCEX Releases Enhanced Solution For Market Data Feed For FX, Bullion, Cryptocurrencies And CFDs

Date 10/10/2024

GCEX (GCEX Group), a leading regulated digital prime brokerage renowned for providing brokers, funds and professional traders with access to deep liquidity, has announced the launch of its enhanced market data feed solution covering all supported product underliers. This expansive offering includes Equity Index CFDs, Energy CFDs, Commodity CFDs, Crypto CFDs, Spot Crypto, Spot FX and Bullion, providing clients with unrestricted access to real-time market data.

Arf Earns Third Consecutive PAY360 Award For Pioneering Innovation In Global Payments

Date 10/10/2024

Arf, a leading global liquidity platform for licensed financial institutions, has been honored with a Silver at the 2024 PAY360 Awards for the "Best Use of Digital Currencies/Assets in Financial Services" category.

Acuiti And SGX Group Launch Global Derivatives Market Sentiment Index

Date 10/10/2024

Acuiti and Singapore Exchange (SGX Group) today released the SGX Global Market Sentiment Index, a barometer of sentiment from across the global derivatives market.

UAE Securities And Commodities Authority Grants National Bonds And Daman Investment The First License To Operate Under The End-Of-Service Benefits Savings Scheme

Date 10/10/2024

The Securities and Commodities Authority (SCA) announced granting National Bonds and Daman Investment the first license of its kind to operate under the End-of-Service Benefits Savings Scheme in the UAE.  

Joint Advisory On Rise In Singapore Government Official Impersonation Scam Variant Featuring Impersonation Of Banks

Date 10/10/2024

The Singapore Police Force (SPF) and Monetary Authority of Singapore (MAS) would like to alert members of the public to a recent rise in Government Official Impersonation Scams featuring the impersonation of banks and government officials. In September 2024, there have been at least 100 cases reported, with total losses amounting to at least $6.7 million.

Growth At What Cost: The World's 100 Most Valuable Brands Have Missed Out On $3.5 Trillion Of Value Creation Since 2000, Reveals Interbrand's Best Global Brands Report

Date 10/10/2024

• 25 years of Interbrand data shows the financial consequence of focusing on performance marketing over long-term brand investment
• Ferrari (#62) and YouTube (#24) have seen the biggest brand value increase in this year's Best Global Brands ranking
• Apple (#1) remains at the top of the ranking
• Nvidia (#36), Pandora (#91), Range Rover (#96) and Jordan (#99) enter the ranking for the first time. Uber (#78) and LG (#97) re-enter

Southeast Asian Startups Shouldn't Have To Go To The U.S. For Capital. Here's How To Help Them Raise Money Closer To Home

Date 10/10/2024

By Jenny Lee and Ng Yao Loong

International markets don’t always appreciate local success. Singapore’s PropertyGuru was one such example.

In 2022, PropertyGuru, Southeast Asia’s leading property technology company, made its public debut on the New York Stock Exchange through a merger with a SPAC, amid high expectations.