Singapore’s central bank said today it has penalised several top global financial institutions, including Citibank and Swiss lender UBS, for breaches ...
Singapore penalises Citi, UBS, others for money laundering breaches
SINGAPORE: Singapore’s central bank said today it has penalised several top global financial institutions, including Citibank and UBS, for breaches linked to the island-state’s biggest money ...
Singapore penalises nine financial institutions over 2023 money laundering case
Singapore's central bank has imposed penalties on nine financial institutions, including Citibank, Julius Baer and UBS, on Friday totalling S$27.45 million ($21.5 million) in relation to the country's ...
Exploring all the colours of Singapore 🥰 #shorts
Join us on a vibrant journey exploring all the colours of Singapore! Discover the rich tapestry of hues that paint this diverse city, from the iconic Peranakan shophouses to the bustling street ...
Singapore Stocks Light Up Amid Global Gloom
The FTSE Straits Times Index touched fresh intraday highs at least three times during the week and closed at a record level Thursday. It was last down 0.2% but remains up around 5.9% year to date, ...
UBS, Citi and other banks hit by $21.5mn penalty over Singapore money-laundering case
Scandal involving island-wide seizures of gold bars and luxury cars rocked city-state’s wealth management sector ...
Del Monte Foods’ bankruptcy rebounds on its Singapore-listed parent company
Yet the effect of Del Monte’s bankruptcy extends across the Pacific Ocean to Southeast Asia. Del Monte Foods’ parent company is Del Monte Pacific, based in the Philippines.
Singapore PM urges dialogue in Thai-Cambodian dispute
Singapore's prime minister has called on dialogue to resolve the ongoing border tensions between Thailand and Cambodia. Relations between the two countries have deteriorated after a military clash in ...
Singapore fines 9 firms US$22 million over mega money-laundering case
The firms have committed breaches linked to a US$2.36 billion money-laundering case, which led to the arrests of 10 people of Chinese origin.
Singapore fines nine banks including UBS and Citi in $1.6bn laundering case; HSBC sells UK life insurance business
Singapore has imposed a total of S$27.45mn ($21.5mn) in penalties on nine financial institutions, including UBS, Citi and Julius Baer, for breaches linked to a S$2bn money-laundering case that has ...
Singapore monetary authority penalises 9 banks, institutions for 2023 money laundering case
The Monetary Authority of Singapore penalised six banks and three other financial institutions a total of S$27.45 million ($21.5 million) on Friday in relation to the country's biggest ever money ...
Move Over, Toyota — BYD Is Singapore’s New Car King
Chinese electric vehicle (EV) manufacturer BYD has continued its dominance in Singapore's automotive market, beating out Toyota for the 14th consecutive month. Citing a report from Singapore's Land ...
Hong Kong positioned to absorb crypto liquidity as Singapore tightens rules
Hong Kong stands positioned to get hold of crypto liquidity as Singapore tightens regulations on unlicensed cryptocurrency companies.
Singapore retail sales up by 1.4%, driven by motor vehicle sales
More economic uncertainty could lead to further dampened retail sales in Singapore. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore shares slip as tariff pause will end soon; STI drops 0.2%
SINGAPORE] Singapore equities retreated along with some regional indexes on Friday (Jul 4) as Asia’s export-driven economies brace for the impact of the upcoming lifting of the pause in implementing ...
Singapore fraud losses rise as APP scams take over
The report revealed human-initiated attacks in Singapore surged 30% YoY, even as automated bot attacks declined by 27%. Singapore’s financial services sector bore the brunt of these attacks, with a 13 ...