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Month: August 2024

Posted on 30/08/2024

HSBC’s wealth head to exit bank after missing out on CEO job

HSBC Holdings’s wealth unit head Nuno Matos is leaving the bank weeks after missing out on the chief executive officer’s role. Read more at The Business Times.

Posted on 30/08/2024

HSBC’s Next CEO Plans to Trim Middle Management to Save Costs

Georges Elhedery, is considering a significant organizational transformation intended to streamline the company’s operations, according to a Bloomberg report. After taking over as the new CEO on Sept.

Posted on 30/08/2024

Trio of Firms Score Roles as Warburg Pincus, LendLease Buy Singapore Portfolio For $1.2B

The transaction marks the first acquisition for the companies’ life sciences real estate platform, Vita Growth Partners, which Warburg Pincus and Lendlease jointly established last month. The venture ...

Posted on 30/08/2024

Singapore jails man who threatened woman with chopper to force her to have sex

The defendant, who pleaded guilty to multiple charges, previously threatened to share nude photos of the woman.

Posted on 30/08/2024

Exploring the Impact of Green Spaces on Property Value in Singapore’s Real Estate Market

Green spaces play a crucial role in enhancing the aesthetic appeal and livability of urban environments, particularly in densely populated areas like Singapore. As a ... Read more ... ( read original story ...)

Posted on 30/08/2024

China’s ex-convict jailed six years in Singapore for S$6.7M crypto scam

SINGAPORE: Yang Bin (杨斌), a Jiangsu-born Dutch national and once China’s second-richest man, was sentenced to six years in prison and fined S$16,000 (US$12,284) on Monday (26 August) for orchestrating ...

Posted on 30/08/2024

Singapore tries to shore up disillusioned middle class before election

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Singapore’s National Day rally is traditionally an opportunity for the prime minister to outline domestic policy plans, but Lawrence Wong this year used his first ...

Posted on 29/08/2024

With T-bills’ cut-off yield down 21bps to 3.13%, time to ‘segue’ into S-REITs: Bank of Singapore

BOS analyst Andy Wong prefers logistics and industrial, hospitality, retail and office S-REITs — in that order.

Posted on 29/08/2024

Singapore Exchange’s head of capital markets Song to depart

Singapore Exchange’s head of capital markets, Matthew Song, is departing from the bourse, about a year after he took on the role following a revamp, according to people familiar with the matter. Read ...

Posted on 29/08/2024

Singapore Exchange’s head of capital markets Matthew Song leaving bourse

Singapore Exchange’s head of capital markets, Matthew Song, is departing from the bourse, about a year after he took on the role following a revamp, according to people familiar with the matter. Read ...

Posted on 29/08/2024

Number of Crypto Millionaires Doubled to 172,300 Over the Last Year, Study Finds

The U.S. ranked fourth in Henley & Partners’ analysis of global crypto hubs, which takes into account regulation, infrastructure adoption, technology prowess, and tax-friendliness, among other factors ...

Posted on 29/08/2024

Evonik’s expanded Singapore methionine facility becomes world’s largest

The expansion brings total DL-methionine production capacity to 340,000 tonnes per year, up by 40,000 tonnes a year.

Posted on 29/08/2024

Singapore sorts valuable metals from PCBs

Scientists at Nanyang Technological University (NTU) in Singapore are pioneering a sorting solution for end-of-life e. This could be a huge win ...

Posted on 29/08/2024

EnterpriseSG investment arm SEEDS Capital seeks new partners to co-invest in S’pore-based deep-tech start-ups

SEEDS Capital has set aside $150 million to catalyse similar co-investments with the private sector over the next three years.

Posted on 29/08/2024

Tata said to shelve media unit IPO after buying out Temasek

Tata Group has shelved plans for an initial public offering of its entertainment content distribution platform after buying out minority investors, according to people familiar with the matter. Read ...

Posted on 29/08/2024

Tata Play IPO: Tata may seek $1 bn valuation – Details

Plans for an IPO of Tata Play could still be revived in the future, sources said. Tata may seek a valuation of more than $1 billion for the entertainment business in any potential ...

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