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Category: FINANCE

Posted on 05/03/2025

Here’s the prize money payout for each golfer at the LPGA’s 2025 HSBC Women’s World Championship

The LPGA’s latest Hall of Famer has showed no signs of slowing down, dominating the HSBC Women’s World Championship to win her 23rd career LPGA title. She collected the $360,000 first-place prize money payout at Sentosa Golf Club in Singapore, topping both Ayaka Furue and Jeeno Thitikul by four shots.

Posted on 05/03/2025

Singapore banks return capital but draw mixed sentiments; earnings stay resilient in Q4

Investors were divided over the respective capital return plans of DBS, UOB and OCBC, which come as they attempt to lower excess capital resulting from changes to global bank capital requirements.

Posted on 05/03/2025

Malaysia probes alleged Nvidia chips moved from Singapore, vows ‘necessary action’ against local firms involved

Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz made the pledge as he gave updates on investigations into an alleged fraud case involving servers exported from Singapore that may have ...

Posted on 04/03/2025

Singapore Considers Caning for Financial Scammers

Singapore is considering caning financial scammers to deter scams, which saw a 70% increase in losses last year. The government is also tackling malicious websites.

Posted on 04/03/2025

UOB chairman Wong Kan Seng ups his stake in bank by 10,050 shares for total cost of $385,000

This brings Wong’s total stake to over 75,000 shares or 0.004% of total number of ordinary votes. Wong was the former deputy prime minister of Singapore.

Posted on 04/03/2025

Committee of Supply 2025 debate, Day 3: Keith Chua on IPOS’ support for SMEs and Singapore as an arbitration hub

Many small- and medium-sized enterprises (SMEs) may not be aware of the opportunity to unlock the value of their intangible assets and intellectual property rights. Successful businesses should ensure ...

Posted on 04/03/2025

Children, students in SE Asia to benefit as UOB pledges $30m for education and support

The initiative will help through four key programmes providing digital learning tools, financial aid and scholarships. Read more at straitstimes.com.

Posted on 04/03/2025

Nvidia’s stock sinks, wiping out six months of gains as the AI trade unravels

AI stocks in general are taking a beating Monday, but some Nvidia-specific issues are also worrying investors.

Posted on 04/03/2025

Penny stock crash appeal hearing off to bumpy start for accused

​The appeal hearing of convicted market manipulators Soh Chee Wen and Quah Su-ling got off to a bumpy start for the defence, with the apex court rejecting several arguments put forward to quash the ...

Posted on 04/03/2025

Banking Job Positions in Singapore: Career Opportunities in the Financial Sector

Singapore is a global financial hub, offering a wide range of job opportunities in the banking industry. With its strong economy, well-regulated financial system, and presence of international banks, ...

Posted on 04/03/2025

Singapore to develop new counter-drone capabilities as part of strategic military upgrades

Singapore is accelerating its military capabilities with a series of strategic upgrades. The Singapore Armed Forces will deepen investments in modernising its hardware to safeguard national security ...

Posted on 04/03/2025

Singapore Probes Potential Fraud in Nvidia AI Chip Shipments

Singapore is investigating whether Dell Technologies and Super Micro Computer servers shipped to Malaysia housed Nvidia chips barred from China.

Posted on 03/03/2025

HSBC Women’s World Championship: Lydia Ko wins in Singapore, eyes ‘even better’ year

New Zealander follows her memorable 2024 by lifting title at Sentosa Golf Club, with Jeeno Thitikul and Ayaka Furue in tie for second.

Posted on 03/03/2025

DBS launches forex rate lock-in for SMEs on payments up to US$1 million

SMALL and medium-sized enterprises (SMEs) banking with DBS can now secure their preferred foreign exchange rates for five currency pairs up to one month in advance when making local and overseas ...

Posted on 03/03/2025

FEMA Violation: Paytm’s OCL made investments in Singapore without reporting to RBI, says ED

Paytm subsidiary allegedly made certain Singapore investments without informing the RBI, claimed the Enforcement Directorate amid FEMA violation charges on the parent company One 97 Communications.

Posted on 03/03/2025

Officers, leaders involved in NRIC unmasking saga may face financial consequences

The Ministry of Digital Development and Information (MDDI) and the Accounting and Corporate Regulatory Authority (ACRA) also laid out steps that they will be taking to improve processes.

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