The Monetary Authority of Singapore said the outage was "unacceptable" and the lender had "fallen short of expectations."SINGAPORE — Shares of Southeast Asia's largest bank DBS Group were down 1.4% on ...
Manulife US Reit says lenders mainly from Singapore’s local banks
“Manulife US REIT’s lenders comprise mainly local Singapore banks and international banks ... linked loan facility had been fully drawn to refinance its Phipps mortgage loan worth $139.47 (US$105). ( read original story ...)
Hong Kong and Singapore regulators seek to reassure AT1 bondholders
AT1 bonds in Singapore are offered via the wholesale market to institutional ... Hong Kong’s requirements also align with the same international standards. A spokesperson for Standard Chartered ...
Singapore Regulator Says Latest DBS Digital Outage Unacceptable
Singapore’s financial regulator will take action against DBS Group Holdings Ltd after a second digital banking outage in less than two years, calling the disruption “unacceptable.” The Monetary ...
Confidence in crypto slides in Singapore, but 4 in 10 polled in survey still invested in it
Singaporeans polled said at least a tenth of their investment portfolios consisted of crypto. Read more at straitstimes.com.
First Mover Asia: Will CFTC’s Action Against Binance Benefit Crypto’s Asia Narrative?
Effectively, it was a framework for crypto similar to what the Monetary Authority of Singapore has developed, or what authorities in Hong Kong and Taiwan are also working on: rules made in the 2020s ...
BMW, Mercedes Boom in Singapore as Rich Shrug Off Higher Taxes
A luxury car tax in Singapore is helping push the cost of owning a BMW or Mercedes to almost the equivalent of a typical local family’s entire income for the year.Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureNew Yorkers Are Moving to These Three Florida Cities$335,
SAG Holdings, Singapore auto parts distributor, sets terms for $15M US IPO
Spartan Capital is serving as lead bookrunner. SAG first filed for the IPO in October 2022. Incorporated in the Cayman Islands, SAG operates through subsidiaries in Singapore and Malaysia. The company ...
GLOBAL MARKETS-Asian stocks rally as bank jitters calm, Alibaba lifts mood
SINGAPORE, March 29 (Reuters) - Asian shares surged on Wednesday as easing concerns over the banking sector revived risk appetite, while Alibaba’s plans to split into six units lifted Chinese tech stocks. MSCI’s broadest index of Asia-Pacific shares ...
Bank of Singapore appoints Ranjit Khanna as global market head of Middle East
INDUSTRY veteran Ranjit Khanna will join Bank of Singapore as its global market head of Middle East and chief executive of its Dubai International Financial Centre (DIFC) branch, the bank announced on Wednesday (Mar 29). Khanna was most recently the chief ...
DBS, POSB digibank app and PayLah back to normal: DBS
SINGAPORE – Singapore's biggest bank, DBS, has said that its digital services – DBS/POSB digibank Mobile and Online, DBS PayLah and DBS mTrading – have returned to normal as of 5.45pm on Wednesday (29 ...
DBS’ second outage in 16 months ‘unacceptable’, bank has ‘fallen short’ of expectations: MAS
SINGAPORE — The disruption of DBS bank’s digital services on Wednesday (March 29) is “unacceptable", coming a year after a similar incident in November 2021, the Monetary Authority of Singapore (MAS) ...
DBS service outage ‘unacceptable’, says MAS
SINGAPORE: The disruption of DBS' digital services on Wednesday (Mar 29) was "unacceptable" and the bank has "fallen short" of expectations, said the Monetary Authority of Singapore (MAS). The ...
Be there for your little one at every moment with Arlo
Can’t bear leaving your little one at home even for just a second? Arlo can help! SINGAPORE - Media OutReach - 29 March 2023 - Parents with small children understand all too well the anxiety every ...
Singapore, Britain launch negotiations on new investment treaty
The UK-Singapore Bilateral Investment Treaty (UKSBIT) as it is called will supersede the existing pact that came into force in 1975. The new treaty will include robust and up-to-date rules on the ...
DBS digital banking services, including PayLah!, restored after day-long outage
SINGAPORE — Digital services of Singapore's largest bank came back online on Wednesday evening (March 29) after an outage lasting most of the day. DBS customers had been unable to log in to online ...