SINGAPORE/HONG KONG - Georgia's former prime minister Bidzina Ivanishvili alleged on Monday a trust unit of Credit Suisse had failed to take steps to prevent him from losing US$1.27 billion (S$1.78 ... ( read original story ...)
No recession but slower manufacturing output growth expected in 2023: UOB
This is due to the faltering performance of electronics. There is more likely a slower manufacturing output headline growth next year as the dismal electronics sector performance poses risks of ... ( read original story ...)
HSBC Sheds Post-Acquisition AXA Singapore Staff
HSBC has reportedly laid off more than 20 workers in the Axa Singapore unit it bought last year as part of a post-acquisition retrenchment exercise. ( read original story ...)
Ex-Georgia PM blames Credit Suisse unit for $1.27 billion losses in Singapore case
Credit Suisse began its defence in a Singapore court on Monday against a lawsuit filed by former Georgian Prime Minister Bidzina Ivanishvili alleging the bank's local trust did not properly protect ... ( read original story ...)
Citibank names Aditya Sharma as head of custody
A veteran at Citi, Sharma has served the company for more than 19 years, most recently as head of securities for South Asia ... ( read original story ...)
Singapore-based Sembcorp sells India energy arm to Tanweer Infra for Rs 11700 crore
Singapore's Sembcorp Industries on Monday announced the sale of its India unit to a consortium of Omanese funds for Rs 11,700 crore as part of its decarbonisation plans. ( read original story ...)
Share Market Live Updates: Sensex jumps over 200 points in early deals, Nifty trades above 17,600
Asian shares slipped today while the euro took a fresh spill after Russia shut a major gas pipeline to Europe. ( read original story ...)
Porsche IPO central to funding electrification plans, VW CFO says
Attendees look at the 2022 Porsche 718 Cayman GT4 RS during the 2021 LA Auto Show in Los Angeles, California, U.S. November 17, 2021. REUTERS/Ringo Chiu ... ( read original story ...)
Investment banks rush to cut yuan forecasts, 7 per dollar at risk
Major investment houses have cut their yuan forecasts as its fall against the dollar accelerates, with some expecting a breach of the 7-per-dollar milestone before next month's politically sensitive ... ( read original story ...)
Credit Suisse defends lawsuit from ex-Georgian PM in Singapore court
Credit Suisse began its defence in a Singapore court on Monday against a lawsuit filed by former Georgian Prime Minister Bidzina Ivanishvili alleging the bank's local trust did not properly protect ... ( read original story ...)
Singapore’s Fmr. Foreign Minister Yeo on Geopolitical Risks
Former Singapore Foreign Minister George Yeo discusses his newly-published book comprising reflections on topics from politics to philosophy. He speaks with Bloomberg's Yvonne Man & David Ingles on ... ( read original story ...)
SIA, Genting S’pore and Suntec likely winners as consumers switch from products to services: DBS
SIA and Genting are set to benefit from tourism recovery, while Suntec Reit could ride on return of office workers. Read more at straitstimes.com. ( read original story ...)
GXS Bank forays into Singapore’s digital banking space
GXS Bank, a joint venture of Grab Holdings and Singapore Telecommunications, has announced the launch of a digital bank in Singapore. ( read original story ...)
Kazakhstan and Singapore Look to Boost Economic Links
Investment opportunities in the trade and commerce sectors, particularly related to transportation and the Middle Corridor, may prompt closer bilateral ties. ( read original story ...)
Share Market Live Updates: Sensex, Nifty likely to trade cautiously today; Tamilnad Mercantile Bank IPO opens today
Asian shares slipped today while the euro took a fresh spill after Russia shut a major gas pipeline to Europe. ( read original story ...)
Teh tarik and guitar session start the ball rolling for Singapore Deputy PM Lawrence Wong’s inaugural visit to Malaysia
Singapore’s Deputy Prime Minister and Finance Minister Lawrence Wong who arrived in Kuala Lumpur yesterday for a four-day working visit, started the ... ( read original story ...)