Articles by Elffie Chew and Andrea Tan

Singapore Monetary Authority Defends Allianz’s $1.7B Plan to Buy Income Insurance

Singapore ministers addressed concerns about Allianz SE’s plan to buy a majority stake in Income Insurance Ltd., saying it would be held to account on its commitments and that the potential deal isn’t expected to adversely impact competition in the …

Hong Kong Insurer FWD Group Eyes Singapore Listing

Hong Kong billionaire Richard Li’s FWD Group is considering listing in Singapore with a dual-class structure, as the insurer moves ahead with its initial public offering preparations, people with knowledge of the matter said. FWD is discussing with advisers the …

CFA Institute Adds Cryptocurrency, Blockchain to Curriculum

It might be the definitive sign that cryptocurrencies have arrived on Wall Street. CFA Institute, whose grueling three-level program has helped train more than 150,000 financial professionals, is adding topics on cryptocurrencies and blockchain to its Level I and II …

Timeline: More Than $1 Billion in Cryptocurrency Thefts Since September 2012

Investors’ shaky confidence in virtual currencies took another hit after crypto exchange Bithumb, ranked seventh in the world by traded value on Coinmarketcap.com, suffered a hack that saw about 35 billion won ($32 million) worth of coins stolen. The South …

Timeline: Growing List of Major Cryptocurrency Heists

The $500 million heist of digital tokens from Japanese exchange Coincheck Inc. on Friday is remarkable for its sheer size, but thefts in the lightly regulated world of cryptocurrencies are woefully frequent. In less than a decade, hackers have stolen …

Jardine Lloyd Sues Rival Howden Over Mass Resignation in Singapore

Jardine Lloyd Thompson Group plc sued Howden Insurance Brokers in a bid to thwart plans by the rival to poach 17 of its Singapore staff. The broking arm of Hyperion Insurance Group, headhunter Huntington Search Partners Pte, JLT Singapore Managing …

Malaysia Jet’s Mystery Disappearance Leaves Liability Riddles

As the final hours of Malaysian Air Flight MH370 remain wrapped in mystery, the question of who bears full liability for the jet’s disappearance is also unresolved. This much is clear: Families of the 227 passengers aboard the flight that …