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Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxONERWAY’s Singapore entity has obtained a Major Payment Institution licence, expanding its regulated footprint in the city-state.The licence was granted to Overcross, the Singapore-incorporated operator of the ONERWAY payment platform, by the Monetary Authority of Singapore with effect from 1 March 2026.Under the approval, Overcross is authorised to provide regulated payment services in Singapore.These include merchant acquisition, domestic money transfer and cross-border money transfer services.The company is regulated under the Payment Services Act 2019.Overcross must comply with regulatory requirements including anti-money laundering and countering the financing of terrorism…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The president and chief executive of the World Economic Forum, Børge Brende, has announced his resignation following an investigation by the forum into his links with the disgraced financier Jeffrey Epstein. Brende said on Thursday that his decision to step aside after more than eight years in the role came “after careful consideration”. “I am grateful for the incredible collaboration with my colleagues, partners, and constituents, and I believe now is the right moment for the Forum to continue its important work without distractions,”…
Fundstrat’s Tom Lee says the tech and crypto selloff has gone just about as far as it’s going to go.
Tempus AI (NASDAQ:) appears to be a smart buy for tech traders as it is a leading provider of AI-enabled services and infrastructure for healthcare, and its stock is set up to rebound robustly. Trading near 52-week lows in late February, the stock is more than 45% below the analysts’ consensus, with tailwinds to drive it there. Among them are outperformance, better-than-expected guidance, and internal metrics that point not only to improving client counts, but also to an enviable penetration rate. The takeaway for investors is that this company is on the verge of inflecting to profitability, and it will happen…
South Korea’s central bank held its benchmark policy rate at 2.5% today (February 26), as expected, and revised its growth and inflation forecasts.In a statement, the Bank of Korea (BoK) said it was continuing to assess domestic and external policy developments. “With inflation expected to remain stable near the target level, economic growth is projected to continue improving at a stronger than expected pace, and risks to financial stability also remain,” it said. The seven members of the BoK’s Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.To access…
Key PointsThe air taxi market that Archer aims to operate in could be valued at $170 billion by 2034. It’s still in the early stages of its operations, as evident by its $429 million net loss for the first nine months of 2025. 10 stocks we like better than Archer Aviation ›No one would accuse Archer Aviation (NYSE: ACHR) of operating a boring business. Its small electric vertical takeoff and landing (eVTOL) aircraft are designed to take off and land like helicopters, fly like planes, and be as easy to book as a ride-hailing service.If that sounds a little futuristic,…
Workers at Whirlpool, the US’s largest appliance manufacturer and a champion of Donald Trump’s tariff policies, are criticizing the company for cutting jobs at an Iowa plant while bolstering production in Mexico.The job cuts at Whirlpool come as the company has continued to support the Trump administration’s trade policies and claimed they will help bolster US manufacturing. Trump’s trade policies appear to have done little for US manufacturing so far. The US has lost 83,000 factory jobs since Trump took office in January 2025.Effective 9 March, some 341 jobs are being cut at the Whirlpool plant in Amana, Iowa. The…
Key PointsMicron is expected to generate more revenue in the upcoming quarter than it generated three years ago for the entire year.The stock seems reasonably valued, and it could perform well if memory demand continues to exceed supply.10 stocks we like better than Micron Technology ›Less than a year ago, shares of Micron Technology (NASDAQ: MU) traded below $100. At the time, Micron stock traded at about 15 times earnings, which was quite reasonable. But the cheap valuation wasn’t enough to entice investors.Micron sells computer memory products, which are prone to extreme boom-and-bust cycles. When demand is strong, profits are…
Antonio Filosa attends the presentation of the new Fiat 500 Hybrid at the Stellantis FIAT Mirafiori plant in Turin, Italy, on November 25, 2025.Nurphoto | Nurphoto | Getty ImagesAuto giant Stellantis on Thursday reported its first-ever annual loss after booking substantial write-downs amid a major strategic shift.The multinational conglomerate, which owns household names including Jeep, Dodge, Fiat, Chrysler and Peugeot, posted a full-year 2025 net loss of 22.3 billion euros ($26.3 billion), compared to full-year profit of 5.5 billion euros a year ago.The net loss was impacted by 25.4 billion euros in write-downs, Stellantis said, as the firm sharply scales…
Chris Costa, president and CEO of Knapp Properties, has been named the 2026 Commercial Real Estate Professional of the Year by the Business Record. He will be honored at the Business Record’s Commercial Real Estate Forum, scheduled for Thursday, April 23, at the Hilton Des Moines Downtown. The award is designed to highlight an outstanding CRE professional from Central Iowa for their professional accomplishments and community engagement. Costa’s impact on the commercial real estate sector is evident in the letters of recommendation from those who supported his nomination for the award. Gerry Neugent, co-chairman of Knapp Properties, said Costa’s leadership…
