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Posted on 10/10/2024

Bank of Singapore winds down Luxembourg operations

Bank of Singapore is winding down its operations in Luxembourg as it pivots all its focus to expanding its UK presence.

Posted on 10/10/2024

Head of digital marketing Hiren Desai closes chapter at Standard Chartered Bank

Hiren Desai, Standard Chartered Bank's head of digital marketing for Singapore, ASEAN and South Asia, has stepped down from the role after six years in the company, he told MARKETING-INTERACTIVE.

Posted on 10/10/2024

Singapore’s second-largest bank imposes restrictions on Russia

Singapore's financial corporation OCBC will cease all financial operations related to Russia, with the restrictions set to take effect on November 1, Bloomberg informs. According to a statement ...

Posted on 10/10/2024

State invites Singapore to be RR summit’s ‘partner country’

Rajasthan's industries minister Rajyavardhan Rathore extends invitation to Singapore to become a partner country for the Rising Rajasthan investment summit, seeking collaboration in various sectors ...

Posted on 10/10/2024

Singapore’s second-largest bank to halt transactions involving Russia

From 1 November, Singapore's Oversea-Chinese Banking Corporation (OCBC) will no longer handle any transactions involving Russia. Source: Bloomberg Details: In a message to its corporate and private ...

Posted on 09/10/2024

Looking for Reliable Singapore Blue-Chip Stocks? Here are 4 That You Can Consider for Your Portfolio

The lender’s standing as one of the three big banks in Singapore should provide investors with the assurance that it can weather future economic storms. The bank reported a stellar set of earnings for ...

Posted on 09/10/2024

Over US$2.4m awarded to finance veteran for wrongful dismissal in likely Singapore record

Justice Chua Lee Ming awarded damages of over US$2.4 million (S$3.1 million) in Mr Alexander Hoeptner’s favour on Sept 23 for the suit brought against Three Fins. Mr Hoeptner was employed by Three ...

Posted on 09/10/2024

Singapore’s OCBC to Stop Russia-Linked Transactions to Cut Risk

Oversea-Chinese Banking Corp. will stop handling any transactions involving Russia as it moves to cut exposure to the nation hit with global sanctions.

Posted on 09/10/2024

DBS head of institutional banking group in Hong Kong to depart

DBS Group Holdings’ head of institutional banking group Hong Kong, Wallace Lam, will be leaving South-east Asia’s biggest lender, according to a spokesperson. Read more at The Business Times.

Posted on 09/10/2024

Malaysian ringgit rides high on foreign investment wave, impacting Singdollar’s purchasing power

Large multinational companies like Microsoft, Google, ByteDance, Intel, and Amazon Web Services have made substantial financial commitments to the country ...

Posted on 09/10/2024

Best Fixed Deposit Rates in Singapore (Oct 2024)—Rates Up To 3.45%, Minimum Deposits From $500

If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...

Posted on 09/10/2024

Bitcoin Startup Bitlayer Raises $9 Million In Series A Extension Backer By Franklin Templeton

Bitlayer, a Bitcoin startup, secures $9 million in Series A extension funding led by Franklin Templeton, aiming to enhance its innovative financial solutions.

Posted on 09/10/2024

Singapore’s Hidden Gems: A New Perspective on Jewelry as an Investment

Global Trends: In cities like Singapore, there’s a growing interest in colored diamonds, reflecting an international trend. For investors, opting for rarer colors can be strategic, as these stones are ...

Posted on 09/10/2024

Abu Dhabi tops trillion-dollar sovereign wealth league, ahead of Oslo and Singapore

SINGAPORE - Abu Dhabi has claimed the top spot in a new global ranking of cities based on the capital managed by their sovereign wealth funds, with US$1.7 trillion (S$2.2 trillion) in assets as at ...

Posted on 09/10/2024

Singapore stocks rose on Wednesday morning—STI increased by 0.8%

The broad-based S&P 500 increased by 1% to 5,751.13. The tech-heavy Nasdaq Composite gained 1.5%, ending at 18,182.92 ...

Posted on 09/10/2024

Hyundai Motor Group and Singapore Strengthen Joint Research in Sustainable Energy and Manufacturing Solutions

Hyundai Motor Group (the Group) has signed a collaborative research agreement with Nanyang Technological University, Singapore (NTU) in the field of new energy at the Singapore-Korea Business Forum, ...

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