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Category: FINANCE

Posted on 04/04/2023

Man who left S’pore 9 years ago charged over alleged involvement in fraudulent investment scheme

The 50-year-old American citizen was extradited to Singapore after his whereabouts were traced with the help of US authorities. Read more at straitstimes.com.

Posted on 04/04/2023

Daily Markets Briefing: STI up 0.68%; Genting Singapore is top gainer

Amongst the top gainers are Genting Singapore, Jardine C&C, and Thai Bev. The losers are DFI Retail Group with 1.98% down, SGX with 0.43% down, and UOB with 0.40% down.

Posted on 04/04/2023

Benefits of investing in the Singapore Real Estate industry: A guide for Irish investors

Singapore's real estate market has long been a popular destination for foreign investors. For instance, in 2021, Chinese investors accounted for the largest share of foreign buyers of Singapore ...

Posted on 03/04/2023

Man who skipped bail extradited to S’pore, charged over bogus investment scheme that took S$18m from investors

A 50-year-old United States citizen who jumped bail about nine years ago has been extradited to Singapore and charged on Monday (April 3) with running a bogus investment scheme.

Posted on 03/04/2023

Man who left Singapore nine years ago charged for alleged involvement in fraudulent investment scheme

SINGAPORE, April 3 (The Straits Times/ANN): A man who fled the country while on bail almost nine years ago was charged in court on Monday for allegedly being involved in a fraudulent multi-million ...

Posted on 03/04/2023

Bank sub-bonds worth buying despite recent write-off of Credit Suisse’s bonds, says Citi

SINGAPORE – Despite the recent jitters and volatility caused ... this asset class has emerged as a notable pocket of value as the recent banking crisis blows over. Citibank chief investment officer ...

Posted on 03/04/2023

Hong Kong’s ‘moneymaking genes’ help it trump charmless Frankfurt, LA and Singapore, says tycoon Ronnie Chan

While some international cities that are well-equipped with hotels and airports are "artificial" and "super boring", Hong Kong is also "full of charm", which makes it a favourable destination for ...

Posted on 03/04/2023

HSBC Bank (Singapore) names new board directors

HSBC Bank (Singapore) has appointed Sam Liew and Colin Bell as directors of its board, effective April 4. Liew is managing partner, government strategic business group, at Singtel NCS Group. In this ...

Posted on 03/04/2023

“Embarrassed” DBS chairman bows to apologise and sets up special committee to look into service disruption

SINGAPORE: Expressing embarrassment over the latest digital banking service outage, DBS CEO Piyush Gupta and chairman Peter Seah apologised to stakeholders at the bank’s annual general meeting (AGM) ...

Posted on 03/04/2023

HSBC Singapore announces new board of directors

Their appointments is effective starting 4 April. Sam Liew and Colin Bell have been appointed as new directors to the board of HSBC Bank (Singapore). Liew is presently the managing partner of the ...

Posted on 03/04/2023

DBS’ latest digital service disruption unacceptable, says MAS

Singapore’s largest lender DBS is expected to face new regulatory action following a lengthy outage of its digital banking services last week.

Posted on 03/04/2023

DBS CEO, who received S$15.4 million in pay in 2022, feels embarrassed over technical disruption

DBS CEO Piyush Gupta felt embarrassed at the Annual General Meeting due to the bank's digital banking service disruption for the second time in 16 months. DBS Chairman Peter Seah also apologized to ...

Posted on 03/04/2023

RHB cuts DBS’s target price by 5% after service disruption last week

The glitch has hurt DBS’s reputation and warnings of supervisory action could keep its share price range-bound, says RHB.

Posted on 03/04/2023

Singapore jumps to 9th spot in Kearney’s 2023 FDI Confidence Index

The nation remains strong on factors that are most important to investors, including government transparency and technological innovation,” says Kearney’s Asia Pacific regional head and chairman Arjun ...

Posted on 03/04/2023

Stock Market Live: Sensex, Nifty 50 expected to open with gains

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open higher on first trading day of the week tracking global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty ...

Posted on 03/04/2023

Malaysia and Singapore’s QR Code Payments Linkage Has Gone Live

The cross-border QR code payment linkage between Singapore and Malaysia has gone live, enabling customers of participating financial institutions to make payments by scanning NETS QR and DuitNow QR ...

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