Singapore remains the world’s third largest FX centre with daily trading volumes reaching US$1.5 trillion in April 2025, BIS survey finds.
Banking Circle Taps Ex-Ripple Exec as Chief Digital Assets Officer
Banking Circle announced in a LinkedIn post that it has appointed Kirit Bhatia as its new Chief Digital Assets Officer.
Singapore Court Dismisses Liquidators’ Case Against Banks in 1MDB Scandal
Singapore's High Court has rejected a case by liquidators against Standard Chartered Bank and BSI Bank, linked to the 1MDB scandal. The alleged transactions occurred before relevant laws were in place ...
DBS, UOB and OCBC Push Singapore Dividend Payouts Beyond US$8 Billion This Year
Dividend growth in Singapore was led by DBS, UOB and OCBC, with the three banks pushing total payouts above US$8 billion in 2025.
Singapore court blocks foreign liquidator bid to sue Standard Chartered, BSI Bank over 1MDB links
Singapore's High Court has dismissed a bid by foreign liquidators to sue Standard Chartered Bank and BSI Bank in Singapore over transactions alleged to be linked to the scandal-hit Malaysian sovereign ...
Trump-Linked World Liberty Financial to Launch Debit Card as Early as This Year
Zach Witkoff, Co-Founder and CEO of World Liberty Financial delivers remarks, as Eric Trump applauds, before ringing the opening bell to celebrate the closing of ALT5’s $1.5 billion offering and ...
Foreign student whose bank account was used in fake SAF bulk order scams gets jail, in first such sentencing
SINGAPORE: A foreign student in need of money sold her bank account details. It was later used to funnel almost S$18,000 (US$13,980) in scam proceeds, with most of the money coming from a fake ...
Singapore Mint launches its first investment-grade gold bullion
The Lion Bullion is the first investment-grade gold bullion by the Singapore Mint, and can be purchased only through the institution. With regard to products stored in the mint’s vault, transactions ...
More companies to IPO in Singapore as confidence, liquidity grows, market insiders say
Four preliminary prospectuses were lodged with the SGX since Monday, following two listings in September. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore court rejects US$2.7 billion 1MDB-linked suit against Standard Chartered, BSI
The judge dismissed the liquidators’ suit as the alleged transactions happened before Singapore’s cross-border insolvency law took effect.
Singapore overtakes London in ranking of top 20 IPO markets
Singapore jumped to 9th place with US$1.44 billion raised, driven by property trust listings. Read more at straitstimes.com. Read more at straitstimes.com.
DBS, UOB, OCBC lead dividend growth as Singapore companies pay out US$8.2 billion in H1
DBS was among the top 13 banking contributors to H1 dividend growth, says Capital Group Read more at The Business Times.
CICT overtakes Hong Kong’s Link Reit to become Asia’s largest real estate investment trust
A main factor behind this is the strength of the Singapore dollar, which has gained 5.4% against the greenback so far this year, while the Hong Kong dollar has fallen 0.2% Read more at The Business ...
Khazanah’s chief investment officer urges investors to ‘co-parent’ Asian firms amid weak returns
He says public market investors can play a more active role, while private equity can acquire underperforming assets Read more at The Business Times.
World Liberty Financial to launch debit card as early as this year
World Liberty Financial, a crypto venture backed by the family of U.S. President Donald Trump, plans to launch a debit card that would "bridge crypto assets with everyday spending", its CEO Zach ...
Investment strategist Phua Zhenghao and portfolio manager Grace Yan join asset management team at CGSI
Phua will oversee the CGSI’s public markets investment strategies, while Yan will “play a key role” in advancing the firm’s equity and thematic strategies.