SINGAPORE (THE BUSINESS TIMES) – DBS is tokenising bonds to help investors better diversify their debt instruments. The bank on Monday announced that it has priced a S$15 million digital bond as its digital exchange’s first security token offering. The DBS Digital Bond, which comes with a six-month tenor and coupon rate of 0.6 per cent per annum, will be […]

100 years ago, Tulsa Race Massacre destroyed a community Monday marks the 100th anniversary of the Tulsa Race Massacre, one of the worst incidents of racial violence in American history. A white mob’s attack on the city’s affluent Greenwood neighborhood, home to about 10,000 people and a business district known as “Black Wall Street”, left the community in ruins. While […]

BEIJING (Reuters) -China’s factory activity growth slowed slightly in May as raw materials costs grew at their fastest pace in over a decade, weighing on the output of small and export-oriented firms.FILE PHOTO: A worker wearing a face mask works on a production line manufacturing bicycle steel rim at a factory, as the country is hit by the novel coronavirus […]

China: Cyber attack on the UK would be ‘foolish’ claims expert When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. According to […]

Loss making healthcare company Me Today has signed a deal to acquire manuka honey producer King Honey for $36 million and plans to raise $15.75m from third party investors to help fund the purchase. King Honey was founded by Sky TV co-founder Terry Jarvis. It has a network of 18,000 beehives across the North Island and in Marlborough. The business […]

In recent weeks, the Fed has pressed Deutsche Bank to enhance its anti-money-laundering controls. The Fed may resort to fines, the Wall Street Journal reported, citing sources familiar with the matter. The bank has been under regulatory scrutiny for years, and its CEO has acknowledged that more work is needed. See more stories on Insider’s business page. Tensions between Deutsche […]

New York (CNN Business)A nasty surprise awaits the 34 million drivers expected to hit US roads this Memorial Day weekend — the highest gas prices in seven years. And that could be the least of the problems for the those taking to the highways for summer vacations. The gas shortages experienced earlier this month when a key pipeline shut down […]

A college education can set students up for a lifetime of professional success. But the reality is that getting into a good school is difficult, as many top tier schools are highly selective and prohibitively expensive. Yet there are a number of publicly-funded schools that offer high-quality education that are more affordable and more accessible than smaller, private schools. These […]

Two people died and an estimated 20 to 25 people were injured in a shooting outside a banquet hall in South Florida early Sunday, police said. The gunfire erupted at the El Mula Banquet Hall in northwest Miami-Dade County, near Hialeah, police said. The banquet hall had been rented out for a concert. Three people got out of an SUV […]