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Category: FINANCE

Posted on 24/05/2024

15 months’ jail for seventh man who pleaded guilty in billion-dollar money laundering case

Chen Qingyuan's 15-month jail term is the longest among those dealt with so far and is on par with Zhang Ruijin.

Posted on 24/05/2024

Singapore Insurer Taps EY to Opine on OCBC’s $1 Billion Offer

Great Eastern Holdings Ltd. appointed EY as independent financial adviser for the S$1.4 billion ($1 billion) offer from Oversea-Chinese Banking Corp. to buy the remaining stake the lender does not ...

Posted on 23/05/2024

Singapore shares remained mostly flat on Thursday—STI dip 0.02%

SINGAPORE: Singapore shares remained mostly flat on Thursday morning, following a quiet trading session after... The post Singapore shares remained mostly flat on Thursday—STI dip 0.02% appeared first ...

Posted on 23/05/2024

3 Recent IPOs That Can Double in 3 Months

InvestorPlace - Stock Market News, Stock Advice & Trading Tips For investors as well as traders, it’s important to keep a close eye on ...

Posted on 23/05/2024

Infrastructure firm I Squared to invest $5 bln in Asia over next three years, executive says

Global infrastructure investor I Squared Capital is looking to invest $5 billion in the Asia Pacific from 2025 to 2027 as it seeks to tap into fast-growing sectors, including renewable energy, in the ...

Posted on 23/05/2024

The Ultimate Guide to the Best Priority Banking Accounts in Singapore

Whenever you go to your local bank in Singapore, you may notice words such as “Premier” or “Treasures” attached to the end of the bank. They’re not there just to look pretty. No, they indicate a ...

Posted on 23/05/2024

$3b money laundering case: 7th man jailed 15 months, forfeiting over $20m of assets to state

He was convicted of two money laundering charges and one forgery-related charge. Read more at straitstimes.com.

Posted on 23/05/2024

How to Cancel Credit Cards in Singapore Quickly and Stress-free

But some credit card issuers can be annoying in that they pull the best benefits once you’re in their ecosystem. If your credit card doesn’t serve you well, it’s time to get rid of it before you’re ...

Posted on 23/05/2024

Singapore’s interest in ESG investment wanes

Only 36% of Singapore investors hold ESG funds, down from 2021. The number of investors with ESG investments in Singapore decreased in 2023 compared to 2021. Data from AXA Investment Managers showed ...

Posted on 23/05/2024

SINGAPORE’S XSQUARE TECHNOLOGIES SECURES S$10.5M IN SERIES A FUNDING LED BY WAVEMAKER PARTNERS

XSQUARE Technologies (XSQUARE), a Singapore-based intelligent warehousing automation company, has successfully raised S$ 10.5 million in Series A funding. The round was led by Wavemaker ...

Posted on 23/05/2024

These countries will lead real estate investments in APAC this year

With an estimated US$761bn* sitting in global closed-ended funds at the start of the year ready for deployment into real estate, Savills forecasts investment volumes to rise in 2024.  In Asia Pacific, ...

Posted on 23/05/2024

Report shows ESG investing in Singapore declining

Biggest barrier to investing was skepticism about the performance of these funds. Singapore investors have become less active in ESG investing over the past year and have grown less hopeful about the ...

Posted on 23/05/2024

Singapore Bourse May Test Support At 3,300 Points

Ahead of Wednesday's holiday for Wesak Day, the Singapore stock market had ended the three-day winning streak in which it had ...

Posted on 23/05/2024

Singapore Airlines shares slip 1.3% after turbulent flight

Singapore Airlines shares fell more than 1% in early trade on Thursday, following a deadly turbulence-hit flight. One passenger died of a suspected heart attack and dozens were injured after flight ...

Posted on 23/05/2024

MAS bars ex-DBS rep from financial advisory work for 5 years

The Monetary Authority of Singapore has barred Muhammad Hafiz Bin Ismail from providing any financial advisory service or being involved to any financial advisory firm or capital market services firm ...

Posted on 23/05/2024

Citi Trader Got 711 Warning Messages Before Sparking Flash Crash

For one Citigroup Inc. trader in London, the morning of May 2, 2022 went from bad to worse. Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceOne Dead After Singapore Air ...

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