Singapore: OCBC Wing Hang Bank sells stake in Hong Kong Life for S$425.8m


OCBC Wing Hang is divesting its stake in Hong Kong Life Insurance Limited.

Singapore to launch blockchain project for interbank payments

In a major move to explore the use of digital currency in Singapore, the city state’s central bank plans to launch a pilot project with the country’s stock exchange and eight local and foreign banks to use blockchain technology for interbank payments.