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Category: FINANCE

Posted on 01/06/2024

Marketnode completes Series A funding led by HSBC and Temasek

The digital market infrastructure operator Marketnode has completed its Series A investment round led by HSBC and existing shareholder Temasek. Marketnode said it will use the funding to scale its ...

Posted on 01/06/2024

Building a lasting legacy: Why securing your family’s financial future should start sooner rather than later

LEGACY planning is not just for the older generation. Young people are actively engaging in protecting their wealth and this shift is driven by several factors: a growing awareness of legacy planning ...

Posted on 31/05/2024

S’pore names Shell, ExxonMobil among 9 entities critical to national security under new investment law

The list of entities designated under the newly legislated Significant Investments Review Act (Sira) 2024 include the Singapore-based subsidiaries of global oil giants ExxonMobil and Shell. The ...

Posted on 31/05/2024

ExxonMobil, Shell, ST Engineering units among 9 entities designated under Singapore’s Significant Investments Review Act

EXXONMOBIL Asia Pacific, Shell Singapore and four ST Engineering units are among nine corporate entities that have been designated as “critical entities” and thus face ownership and control ...

Posted on 31/05/2024

DBS denies claims that it is an Ether whale with $650M ETH

SINGAPORE: Singapore’s largest bank, DBS, is an Ether (ETH) whale with $650 million ETH, according... The post DBS denies claims that it is an Ether whale with $650M ETH appeared first on The Independ ...

Posted on 31/05/2024

Singapore tops Southeast Asia in private capital investment with $3.7B

Singapore led Southeast Asia in private capital investment last year, with US$3.7 billion secured, comprising 41.1% of the region’s private equity deal value in 2023, a new report has found.

Posted on 31/05/2024

Mexican-themed fast food chain Guzman y Gomez will seek an IPO

One of the most highly anticipated and hotly speculated sharemarket floats in years will finally happen after Mexican-themed fast-food chain Guzman y Gomez pushed the button on a $2.2bn IPO to help ...

Posted on 31/05/2024

Man behind global malware network objects to extradition to US after arrest in S’pore

The Singapore Police Force had earlier indicated that Washington has made an extradition request for Wang after his arrest. The US has an extradition treaty with Singapore. His lawyer Ng Yuan Siang, ...

Posted on 31/05/2024

Billion-dollar money laundering case: Woman gets 15 months’ jail, forfeits S$154 million in seized assets

These assets were worth almost S$170.6 million. Some of assets include: Thirteen bank accounts - from Citibank Singapore, DBS Bank, Industrial and Commercial Bank of China, and RHB Bank. These ...

Posted on 31/05/2024

ST Explains: Why is S’pore investing $700m in quantum computing?

The move would extend the influence of the little red dot in developments such as the discovery of new drugs. Read more at straitstimes.com.

Posted on 31/05/2024

CapitaLand India Trust secures S$200 million sustainability-linked loan from International Finance Corporation

Increases CLINT's sustainable finance to 79% of its loans, demonstrating its commitment to Net ZeroSingapore - May 30, 2024 — (L-R) ...

Posted on 31/05/2024

Singapore expands scope of guidelines on fair dealing

Singapore’s central bank has updated its guidelines on fair dealing, expanding its scope to apply to all financial institutions (FIs) and all the products and services offered to customers. The update ...

Posted on 31/05/2024

How Banks Can Leverage Transactional Data for Unparalleled Customer Engagement

How banks can leverage vast transactional data to drive customer engagement, increase customer lifetime value, and amplify business impact.

Posted on 31/05/2024

Brief: SEA stock exchanges need to play larger role to move region’s PE market; OCBC to invest HK$1.5 bil in facilities

In other news, Singapore will invest close to $300 million in quantum tech, to add 300MW in data centre capacity.

Posted on 31/05/2024

The HSBC Rain Vortex, Changi Airport, Singapore

Singapore Changi Airport has been awarded the title of the best airport in the world several times. In 2023 alone, it was named as the number one airport by Condé Nast Traveller Magazine, SKYTRAX, ...

Posted on 31/05/2024

China national arrested in Singapore for creating malware that allowed criminals to steal billions

Dozens of his assets and properties may be seized, the DOJ said. They include a Singapore-registered 2022 Ferrari F8 Spider, bank accounts with CIMB Bank, Citibank Singapore and banks in Thailand, a ...

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