February, Bao Fan, one of China’s best-known investment bankers, had reportedly been looking for a safe place to park his wealth. Bao, the founder of China Renaissance, was in the process of ...
Global Financial Centres Index 2023: Singapore continues to lead in Asia, ahead of Hong Kong
Z/Yen in London and the China Development Institute (CDI) in Shenzhen collaborated to publish the 33 rd edition of the Global Financial Centres Index (GFCI 33). Overall, the top five financial centres ...
Dollar Steady as Banking Crisis Fears Keep Investors Jittery
The dollar was firm on Monday, while the yen hovered near its seven-week peak as investors assessed moves made by authorities and regulators to rein in worries over the global banking system. The ...
Crypto groups expand in Hong Kong in bid to tap mainland China demand
Cryptocurrency companies are rushing to Hong Kong in the hope that the city’s high-profile push to become a hub for digital assets will help them to capture demand from mainland China to buy and sell ...
Singapore condo owners add rooms to earn more rent
SINGAPORE: With rents continuing to rise in 2023, property investors have found a quick way to earn more rent by simply carving out more rooms in their condominium units.
Expect market volatility to continue, but also be on the lookout for opportunities
SINGAPORE - Although markets ended a tumultuous week on a positive note, the fear of contagion in the banking sector continues to weigh on sentiment, and will continue to do so for the foreseeable ...
Virgin Australia begins non-deal IPO roadshow in Singapore
IPO got underway last week with CEO Jayne Hrdlicka, Chief Development Officer David Marr, and new CFO Race Strauss introducing the airline to Singapore's financial glitterati, which according to ...
A Budget for one Singapore
SINGAPORE - Singapore’s national Budgets are not just the Government’s revenue and spending plans for the current year but also part of a longer-term plan to position the country for the future. Read ...
Singapore Price Pressures Top Hong Kong With Quicker Reopening
Singapore’s overtaking of Covid-battered Hong Kong in the last two editions of the Global Financial Centres Index may have come with some costs: The city-state’s inflation has outpaced its rival’s in ...
Facebook, Carousell users tricked into working for scammer who posed as property agent
He allegedly paid the social media users $50 each to share fake listings on their real accounts. Read more at straitstimes.com. ( read original story ...)
Singapore businesses focus on tech as cyberattack fears rise
Asia-Pacific Small Business Survey found nearly half (45.2 per cent) of all small businesses in Singapore believe a cyberattack on their business is possible this year.
Court dismisses man’s suit against dad over family’s supermarket business
SINGAPORE - After his family’s supermarket business closed down, a man made a series of demands against his father for monies and assets, and threatened to air their dispute in public. Read more at ...
Unabiz signs with LORIOT to add MIOTY to hybrid Sigfox-LoRaWAN fold
Unabiz's pursuit of a total LPWAN mashup continues via a new deal with Swiss outfit LORIOT to add MIOTY to its roster of hybrid Sigfox and LoRaWAN solutions.
Thais in Singapore bid farewell to Golden Mile Complex | Video
With just about one month to go before the doors at Golden Mile Complex shut for good, around 80 per cent of shops have already moved out, according to a store still operating there. Other businesses ...
Global IPO market revival undermined by banking, recession risks
Banking turmoil and recession risks are spelling trouble for the global IPO market, keeping it mired in a slump even after investors started the year thinking that the worst of the stocks rout might ...
U.S. Bank Failures Pose Risk to Global Growth
SINGAPORE—Turmoil in the U.S. banking sector isn’t just a problem for the U.S. It also increases the risks of a global recession. Many economists expected a significant downturn in global economic ...