HSBC

Durapower will use the loan for its lithium-ion energy storage solutions.

The report expects MAS to keep its current policy. 

This provides 70% risk-sharing to support lending by partner FIs.

This will allow sharing of customer and transaction data on money laundering cases.

The policy is expected to normalize in April 2022. 

The two hope to dispense over US$1b of loans over the next five years.

And POFMA issues correction direction to Facebook over false claims on 3-year-old girl’s death.

Customers’ immediate family can enjoy a suite of benefits with no minimum balance required.

Overall inflation rose to 2.4% in May, the highest since November 2013.

Clients can buy and sell securities in 10 markets worth up to US$10m daily.

CEO Wong joins as executive director, and a retired EY partner also joins the board.