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Category: FINANCE

Posted on 03/10/2025

Global investment firm Arena Investors to shut Singapore office, sources say

Move comes as the US$1.7 trillion global private credit market faces mounting headwinds.. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 03/10/2025

Global investment firm Arena Investors to shut Singapore office

[SINGAPORE] Global multi-strategy investment firm Arena Investors is shutting its Singapore office and seeking to reallocate resources elsewhere, according to sources familiar with the matter.

Posted on 03/10/2025

4 Singapore Dividend-Paying Blue-Chip Stocks Paying Out Additional Dividends

Income investors take note: these four blue-chip stocks are paying out more than just their core dividends. The post 4 Singapore Dividend-Paying Blue-Chip Stocks Paying Out Additional Dividends ...

Posted on 03/10/2025

Hopes of US Fed rate cut spur STI and DBS to new records

Benchmark index closes up 1.7% at 4,395.21 points; lender rises 2.4% to $52.84. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 03/10/2025

Singapore stock rally continues; STI up 0.7%

Across the broader market, gainers beat decliners 329 to 249, after 2.1 billion securities worth S$1.8 billion change hands Read more at The Business Times.

Posted on 03/10/2025

Singapore and Hong Kong increase FX trades – BIS survey

The survey, published on September 30, showed that Singapore had strengthened its position as the world’s third-largest FX centre. Hong Kong also increased its share of the FX market and remained the ...

Posted on 02/10/2025

HSBC raises income requirement for new credit card applications in S’pore to $65,000

The move is from Oct 1; other banks are sticking to their income criterion of $30,000. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/10/2025

Underpinned by rate-cut optimism, STI and DBS break records

Benchmark index closes up 1.7% at 4,395.21 points; lender rises 2.4% to S$52.84. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/10/2025

Singapore Holds Third Spot in Global FX Rankings as Daily Volumes Reach US$1.5 Trillion

Singapore remains the world’s third largest FX centre with daily trading volumes reaching US$1.5 trillion in April 2025, BIS survey finds.

Posted on 02/10/2025

Banking Circle Taps Ex-Ripple Exec as Chief Digital Assets Officer

Banking Circle announced in a LinkedIn post that it has appointed Kirit Bhatia as its new Chief Digital Assets Officer.

Posted on 02/10/2025

Singapore Court Dismisses Liquidators’ Case Against Banks in 1MDB Scandal

Singapore's High Court has rejected a case by liquidators against Standard Chartered Bank and BSI Bank, linked to the 1MDB scandal. The alleged transactions occurred before relevant laws were in place ...

Posted on 02/10/2025

DBS, UOB and OCBC Push Singapore Dividend Payouts Beyond US$8 Billion This Year

Dividend growth in Singapore was led by DBS, UOB and OCBC, with the three banks pushing total payouts above US$8 billion in 2025.

Posted on 02/10/2025

Singapore court blocks foreign liquidator bid to sue Standard Chartered, BSI Bank over 1MDB links

Singapore's High Court has dismissed a bid by foreign liquidators to sue Standard Chartered Bank and BSI Bank in Singapore over transactions alleged to be linked to the scandal-hit Malaysian sovereign ...

Posted on 02/10/2025

Trump-Linked World Liberty Financial to Launch Debit Card as Early as This Year

Zach Witkoff, Co-Founder and CEO of World Liberty Financial delivers remarks, as Eric Trump applauds, before ringing the opening bell to celebrate the closing of ALT5’s $1.5 billion offering and ...

Posted on 02/10/2025

Foreign student whose bank account was used in fake SAF bulk order scams gets jail, in first such sentencing

SINGAPORE: A foreign student in need of money sold her bank account details. It was later used to funnel almost S$18,000 (US$13,980) in scam proceeds, with most of the money coming from a fake ...

Posted on 02/10/2025

Singapore Mint launches its first investment-grade gold bullion

The Lion Bullion is the first investment-grade gold bullion by the Singapore Mint, and can be purchased only through the institution. With regard to products stored in the mint’s vault, transactions ...

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