Marina Bay Sands is seeking a loan of around S$12 billion ($9 billion), in what would be the largest financing from Singapore, as the company looks to fund the planned expansion of its casino resort ...
HSBC asks hundreds of managers to reapply for jobs in bank revamp, sources say
SINGAPORE/LONDON – HSBC Holdings has asked hundreds of managers to reapply for jobs in the firm’s newly formed corporate and institutional banking (CIB) division as chief executive Georges Elhedery ...
Assets worth S$1.85 billion surrendered by 15 fugitives in Singapore’s largest money laundering case
Assets worth S$1.85 billion have been surrendered by 15 fugitives in Singapore’s largest money laundering case, bringing total recovered assets to S$2.8 billion. The individuals agreed to surrender ...
NTPC Green Energy IPO GMP: What grey market premium signals as issue opens on Tuesday, November 19 – 10 key things to know
The initial public offering of NTPC Green Energy, the renewable energy arm of PSU NTPC, will open for public subscription today (Tuesday), November 19. As the issue opens Tuesday, the shares of the ...
NTPC Green Energy IPO: Anchor Investors Buy Shares Worth Rs 3,960 Crore
NTPC Green Energy Ltd. allocated 36.66 crore shares to 107 anchor investors at Rs 108 each, including LIC, which secured a Rs 500 crore stake. The IPO aims to raise Rs 10,000 crore via a fresh issue.
Cash Management Accounts in Singapore: StashAway, Syfe, Endowus, Mari Invest, and More
We all know that stashing your savings away in a run-of-the-mill POSB savings account is a waste due to dismal interest rates. High-interest savings accounts (like the UOB One, DBS ...
17.5 years jail for OK Lim in one of Singapore’s ‘most serious cases of trade financing fraud’
The tycoon will appeal against the sentence, and his lawyer says that his $4 million bail has also been extended ...
Singapore’s Crypto Gateway: OKX Teams Up with Banking Giant DBS
OKX launches instant Singapore dollar transfers through DBS Bank using PayNow and FAST payment systems, coinciding with Bitcoin's rise above $90,000 and the exchange's recent regulatory approval in ...
Singapore oil trader sentenced to 17 years for ‘cheating’ HSBC over $112mn
Lim was originally charged in 2020 after confessing to hiding $800mn in losses from creditors — including HSBC and Singapore’s biggest lender DBS — and directing the company’s finance department not ...
How did Singapore’s richest man grow his wealth?
Eduardo Saverin, the richest man in Singapore with a net worth of US$30.4 billion, co-founded Facebook - now internet giant Meta Platforms - and invested in several successful startups.
Disgraced Singapore oil tycoon sentenced to nearly 18 years for fraud
The founder of a failed Singapore oil trading company was sentenced Monday to nearly 18 years in jail for cheating banking giant HSBC out of millions of dollars in one of the country's most serious ...
Singapore oil tycoon OK Lim sentenced to nearly 18 years for cheating HSBC out of millions of dollars
The founder of a failed Singapore oil trading company was sentenced Monday to nearly 18 years in jail for cheating banking giant HSBC out of millions of dollars in one of the country's most serious ...
UOB credit, debit card services restored after ‘intermittent disruption’
Customers were asked to use the QR code payment function on the app to pay for their transactions. Read more at straitstimes.com.
UOB announces collaboration with Disney Cruise Line
UOB is the first regional bank to offer special benefits to its cardholders booking Disney Adventure cruise vacations.
Rally May Stall For Singapore Stock Markets
The Singapore stock market has moved higher in three straight sessions, collecting more than 30 points or 0.8 percent along the way.
Disgraced Singapore oil tycoon to be sentenced for fraud
The founder of a failed Singapore oil trading company will be sentenced Monday for cheating banking giant HSBC out of millions of dollars in one of the country's most serious ...