Last October, we were caught by surprise by the suspension of the implementation of the first-ever sovereign wealth fund of the country. Intriguingly though, that a major contributor wasn’t part of ...
India resumes imports of Venezuelan oil, Reliance seeks direct deal
Indian refiners have resumed buying Venezuelan oil through intermediaries, with Reliance set to meet executives from state firm PDVSA next week to discuss oil sales following the easing of U.S.
Singapore teen admits to killing River Valley High schoolmate with axe more than 2 years after case shook city state
The depressed student intended to hurt more pupils, but could not bring himself to after killing Ethan Hun Zhe in 2021.
Gujarat CM holds talks with Singapore trade-industry minister, discusses investments
A release from the Gujarat government said Patel and Yong discussed trade and investments between the two nations. Yong elaborated that India has a lot of potential to grow and firms from Singapore ...
Virginia Rep Demands Accountability In Wake of Shein IPO News
Government officials want scrutiny of labor practices as the fast-fashion behemoth's potential IPO looms on the horizon.
Singapore bank sues money laundering suspect for RM70mil
Oversea-Chinese Banking Corp (OCBC). has sued a suspect involved in Singapore’s biggest money laundering case, marking the first known case of a lender in the city-state taking action to recover ...
HSBC SG’s Tancy Tan on balancing risk and innovation in AI adoption
COO Tancy Tan says the bank currently runs over 100 use cases for generative AI. Generative artificial intelligence (AI) may be all the rage in the banking industry right now, but for HSBC, it is just ...
OCBC sues suspect in SG money laundering case for $19.7M
SINGAPORE: Oversea-Chinese Banking Corp., OCBC sues suspect of Singapore money laundering case for $19.7 million.... The post OCBC sues suspect in SG money laundering case for $19.7M appeared first on ...
DBS says customers may face delays in mobile banking access
DBS Group Holdings’ customers may face slight delays in accessing their mobile banking accounts due to “higher-than-normal concurrent logins,” the bank said in a Facebook post on Friday (Dec 1). Read ...
VTAC shareholders vote to buy live-streaming app 17Live for Singapore’s first Spac merger
SINGAPORE – Shareholders of Temasek-backed Vertex Technology Acquisition Corporation (VTAC) have voted to merge with Taiwanese live-streaming platform 17Live to become Singapore’s first special ...
Singapore stocks end higher amid mixed regional trading, STI up 0.6%
Key regional indexes had mixed trading, despite November being Wall Street’s best month in over a year. The Nikkei 225 and Australian shares both fell 0.2 per cent, the Hang Seng was down 1.3 per cent ...
Tropical datacenter now up and running in Singapore
A datacenter set up to operate in tropical climates is now up and running in Singapore, offering a facility for researchers and industry players to develop energy-efficient cooling technologies.
Singapore real incomes fell in 2023 amid high inflation, resident employment rate declined: MOM
Nominal income for Singapore workers rose while real income dipped due to high inflation. How much was the decline?
Singapore office to strengthen QIC’s partnerships across Asia
SINGAPORE, Dec. 1, 2023 /PRNewswire/ -- Queensland Investment Corporation (QIC) has expanded its international presence with a new Singapore office established to support a greater focus on ...
Singapore could mobilise $57.5b retail capital inflows for climate change initiatives
Standard Chartered said around 94% of Singaporean investors are keen on climate investing, with 80% inclined to increase capital flows towards climate in a bid to reduce portfolio and make a positive ...
OCBC seeks almost $20m from suspect in $2.8b money laundering case
OCBC has filed a claim in Singapore's High Court, seeking at least $19.7 million from money-laundering accused Su Baolin, as well as possession of his mortgaged Sentosa Cove villa. The bank filed a ...