... Justice Department's court filing shows much of the wealth in question was moved through offshore dealings and bank accounts in Singapore, Switzerland, Luxembourg and the U.S. The evidence cited includes details of wire transfers of hundreds of ... ( read original story ...)
Asia Falls after Dow Hits Milestone
The bank's stock fell 7.6% by late afternoon local time ... Shares of Toshiba closed down 0.8% On the earnings front, Singapore's CapitaLand reported total profit after tax and minority interests for the second-quarter was S$579.3 million ($425.7 million ... ( read original story ...)
Five iconic cities trip from Nations Trust Bank American Express
and London and the winning Blue Cardmember and the companion will get a fully paid vacation to Singapore and Dubai. Speaking about the promotion Niluka Gunatilake, Head of Cards at Nations Trust Bank said,"This is probably one of the grandest promotions ... ( read original story ...)
Malaysia central bank urged to reopen probe
... Justice Department's court filing shows much of the wealth in question was moved through offshore dealings and bank accounts in Singapore, Switzerland, Luxembourg and the US. The evidence cited includes details of wire transfers of hundreds of millions ... ( read original story ...)
The range bound ringgit
After having started his trading career with NatWest Bank, he is currently based in Singapore as a Senior Currency Trader and Analyst with OANDA, focusing on the movement of the Aussie Dollar and ASEAN Currencies. Stephen has an extensive trading ... ( read original story ...)
Standard Chartered eyes New York energy trading, bucks Wall St trend -sources
NEW YORK/SINGAPORE, Aug 2 (Reuters) - Standard Chartered is planning to launch an energy trading business in New York, two sources familiar with the matter said, in what appears to be the first major bank move into the sector in the United States after ... ( read original story ...)
Nigeria, Singapore trade volume hits N846bn in 2015, says Adeosun
She said Nigeria’s relations with Singapore had been on the increase since 2012, culminating in the first Nigeria-Singapore Business and Investment Forum in 2013. She said negotiations for the agreement on avoidance of double taxation was held in ... ( read original story ...)
Singapore Market May Run Out Of Steam
(RTTNews.com) - The Singapore stock market has tracked higher in back-to-back sessions, advancing almost 20 points or 0.6 percent along the way. The Straits Times Index now rests just beneath the 3,350-point plateau, although it may be stuck in neutral on ... ( read original story ...)
Singapore Property Market Is ‘Bottoming Out,’ Says Biggest Developer’s CEO
Singapore’s biggest developer, CapitaLand Ltd., detects signs that the city’s residential property market is “bottoming out” after a run of price declines, Chief Executive Officer Lim Ming Yan said. Many investors are seeing Singapore as relatively ... ( read original story ...)
Singapore property bottoming out, says CapitaLand’s Lim
SINGAPORE -- Singapore’s biggest developer, CapitaLand Ltd, detects signs that the city’s residential property market is “bottoming out” after a run of price declines, Chief Executive Officer Lim Ming Yan said. Many investors are seeing Singapore ... ( read original story ...)
CapitaLand Q2 profit soars 97% amid revaluation gains, divestments
Revenue fell 12.3 percent to S$992.4 million from the previous year, primarily due to lower contribution from Singapore development projects, but partially mitigated by higher contribution from China development projects and higher rental income from newly ... ( read original story ...)
Sunway group names new CMO for property arm
Sunway has confirmed the move to A+M. Kho who starts the new role in August, will report to Sarena Cheah, managing director of property division for Malaysia and Singapore at Sunway Berhad. A+M understands this is a newly created role. Kho will be heading ... ( read original story ...)
Building a S$16 mil gem on Singapore’s Emerald Hill
Toh had been investing in property for more than 20 years ... The travertine had been shipped from Italy to the factory in Singapore, where it was cut again, and then transported to the house. The travertine cost about S$250,000, and Toh estimates that ... ( read original story ...)
Singapore central bank sets up Payments Council to boost e-payments trend
Member firms from the banking sector include Citibank, DBS, OCBC, Standard Chartered, and UOB. Hailing from the payment service providers side are Mastercard, NETS, PayPal, and Visa. Businesses like Grab, Lazada Singapore, Sea, Sheng Siong, and YCH Group ... ( read original story ...)
New lease of life for malls?
Mobile commerce will be the largest contributor to e-commerce's growth in Singapore, and mobile shopping spending here is expected to increase by 42 per cent this year, amounting to more than $1.2 billion. But e-commerce does not necessarily spell gloom ... ( read original story ...)
LaunchPad attracts more high-tech start-ups
The LaunchPad was established in 2015, to support young start-ups in Singapore. The study also found that while the LaunchPad was dominated by start-ups in the areas of Internet and mobile services in the beginning, this has shifted to more high-tech start ... ( read original story ...)