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When Lawrence Wong succeeds Lee Hsien Loong as Singapore’s new prime minister next month, he will inherit not only a healthy economy but also robust local assets from a rallying currency to ...

Paxos launches USDG, a Singapore-compliant stablecoin, partnering with DBS Bank for US dollar reserves in line with Singapore’s MAS framework. Regulated blockchain infrastructure company Paxos ...

In times of uncertainty, investors turn to safe-haven assets — gold, Treasuries as well as currencies such as the Japanese yen, U.S. dollar and the Swiss franc. These assets are expected to retain or ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The StraitsX stablecoin, XSGD, serves as a new option on ...

0251 GMT — The Singapore dollar strengthens slightly against its U.S. counterpart in the Asian session on a likely technical recovery after reaching a five-month low overnight. Meanwhile, any further ...

Singapore dollar has seen low volatility, the country has shown fiscal prudence, and it's economy has been solid, experts say. The way the city-state manages its currency, however, limits large-scale ...