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Category: FINANCE

Posted on 17/01/2024

Citibank to distribute Capital Group fund in HK, Singapore

Capital Group, a Los Angeles, California-headquartered investment manager with over US$2.3 billion in assets under management, has partnered with Citibank to offer its New Perspective Fund (LUX) (NPF) ...

Posted on 17/01/2024

7 charged with money mule offences after DBS bank customers fall for recent SMS phishing scams

An 18-year-old was also charged with disclosing his Singpass account details to an unknown person in exchange for commission.

Posted on 17/01/2024

Bitcoin ETFs not approved for retail investors in Singapore: MAS

People who choose to trade Bitcoin exchange-traded funds (ETFs) in overseas markets "must exercise extreme caution", says the Monetary Authority of Singapore.

Posted on 17/01/2024

Singapore’s ABC Impact secures first close of Fund II with support from new investors

ABC Impact Fund II launched in August 2023 with support from new investors that include a Southeast Asian sovereign wealth fund and existing partners.

Posted on 17/01/2024

Has Singapore Airlines Limited (SGX:C6L) Stock’s Recent Performance Got Anything to Do With Its Financial Health?

Singapore Airlines' (SGX:C6L) stock up by 5.5% over the past three months. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually ...

Posted on 17/01/2024

Fashion Giant Faces New IPO Hitch: China’s Cybersecurity Police

SINGAPORE—China’s powerful internet regulator is conducting a cybersecurity review of Shein’s data handling and sharing practices as the fast-fashion company seeks Beijing’s blessing for its planned ...

Posted on 17/01/2024

DBS, Marina Bay Sands and UOB top SG’s strongest brands in 2024 report

DBS, Marina Bay Sands and UOB has come out as Singapore's strongest brands in Brand Finance's Global 500 2024 report.

Posted on 17/01/2024

Mind the costs of investment screening

The provisions of the Significant Investments Review Bill should be invoked only as a last resort. Read more at straitstimes.com.

Posted on 17/01/2024

Elderly victim avoids losing $1.5m to investment scam after police, bank intervene

The 71-year-old had made payments to different bank accounts after a foreign acquaintance promised him "quick returns". Read more at straitstimes.com.

Posted on 17/01/2024

Singapore Introduces New Law To Regulate Significant Investments Critical To National Security Interests.

Singapore Introduces New Law To Regulate Significant Investments Critical To National Security Interests. Legal News and Analysis - Singapore - Regulatory & Compliance - ...

Posted on 17/01/2024

Rectitude Holdings Files for IPO of 2 Million Shares at $4-$6 Each

By Colin Kellaher Singapore-based safety-equipment supplier Rectitude Holdings has filed for a U.S. initial public offering of 2 million shares, with ...

Posted on 17/01/2024

Blackstone Doubling Singapore Team As Investors’ Leave Chinese Land: Report

Blackstone reportedly plans to expand its private equity business in Singapore by doubling its headcount to tap into growing deals and connect with investors.

Posted on 16/01/2024

Elderly man avoids losing S$1.5 million to investment scam after police, StanChart intervene

SINGAPORE: A 71-year-old who fell for an investment scam narrowly avoided losing S$1.5 million (US$1.12 million) after the intervention of Standard Chartered Bank (SCB) and Singapore ...

Posted on 16/01/2024

Will China IPOs Stage A Comeback In 2024?

Could 2024 be the year when China’s IPO market finally finds its footing? There are some grounds for optimism.

Posted on 16/01/2024

Elderly scam victim avoids losing $1.5 million after police and bank detect investment ruse

The 71-year-old had made payments to different bank accounts after a foreign acquaintance promised him "quick returns". Read more at straitstimes.com.

Posted on 16/01/2024

Malaysia’s anti-graft probe against Daim expands to Singapore’s defunct Malaysian stock-trading platform CLOB

The probe into Mr Daim’s financial affairs is now spreading to corporate personalities believed to be his business proxies and deals that he personally administered over when in government, including ...

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