Swiggy recently upsized its IPO to $1.4 billion, amid intensifying competition in the online grocery delivery space, where its platform Instamart competes with the likes of Zomato-owned Blinkit, Zepto ...
5 people arrested for alleged links to recent spate of banking-related malware scams
SINGAPORE - Four men and a woman, aged between 18 and 46, have been arrested for their suspected involvement in a recent spate of banking-related malware scam cases. Malware-enabled scams cost victims ...
Goldman Sachs-backed Blockdaemon eyes 2026 IPO as blockchain adoption grows in APAC
The company, valued at $3.3 billion, is monitoring market conditions, particularly in the US and Asia-Pacific regions, before making a final decision.
Singapore seeks asset details of S Alam Group in Bangladesh
Singapore’s Financial Intelligence Unit has urged the Bangladesh Financial Intelligence Unit to provide details on the local and foreign assets of S Alam Group and its owners.
Hiring at Citigroup Singapore to pick up, says global firm’s head of wealth
In a wide-ranging interview with CNA’s Elizabeth Neo, Mr Andy Sieg shared the importance of Asia to his firm’s growth.
OCBC builds largest $500 million office outside CBD to house up to 4,000 employees in Punggol Digital District
OCBC builds largest $500 million office outside CBD to house up to 4,000 employees in Punggol Digital District Singapore News ...
OCBC develops new Punggol Digital District hub, to base up to 4,000 staff there
Home-grown bank UOB is investing $500 million to build a 300,000 sq ft centre in the Punggol Digital District to house around 3,000 staff in technology, innovation and digital roles. The facility is ...
T-Bills vs SSB vs Fixed Deposits vs Cash Management Accounts: What Is The Best Way To Invest Your Cash Savings
You can grow cash savings for financial goals you want to achieve in the next 1 to 2 years in a low-risk investment that pays close to 3% interest.
Singapore stocks declined on Friday’s open—STI dropped 0.1%
On Wall Street, stocks closed higher on Thursday after the US Federal Reserve cut interest rates to support the labour market. The Dow Jones climbed 1.3%, closing at 42,025.19, its first close above ...
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Citigroup has hired Yeo Wenxian as head of wealth for Asia South region from Singapore's biggest lender DBS Group Holdings, according to a memo seen by Reuters. Yeo will also be the chief executive ...
DBS sees wealth management fees doubling by 2027 as rich shift more assets to Singapore and Asia.
DBS still hiring relationship managers with headcount up by 20 per cent since the middle of 2023. Read more at straitstimes.com.
Young South Koreans embrace DIY finance, driving the rise of YouTube-fuelled investors
Despite the growing interest, many young Koreans admit they lack sufficient financial knowledge, often relying on advice from YouTube or peers. This has led some to speculate, seeking high returns in ...
Singapore Stocks Rise to 17-Year High on Rate Hopes, Dividends
Singapore stocks climbed to their highest level since 2007 as the prospect of lower interest rates lifted the city-state’s real estate investment trusts, and boosted the appeal of the high-yielding ...
Stablecoins May Cushion Fed Rate Cut Impact on Treasury Tokens, Standard Chartered’s Regional Head Says
SC Ventures is an innovation arm of Standard Chartered.According to Fed funds futures, the market is currently pricing 100 basis points of rate cuts this year, which means the benchmark borrowing cost ...
Singapore Shares Poised To Open Under Pressure
The Singapore stock market on Wednesday snapped the seven-day winning streak in which it had surged more than 140 points or 3.9
Enhanced Security Tops Singapore Banking Customers’ Wishlist Amid Rising Fraud Fears: FIS Survey
Strengthening online security tops the innovation wishlist of Singapore banking customers surveyed, with "money lock" to prevent withdrawals emerging as the most sought-after innovation, ranking above ...