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Category: FINANCE

Posted on 25/08/2022

Keppel consortium to acquire 80% majority stake in 800 Super Holdings for $304 mil

800 Super, one of three licensed public waste collectors in Singapore, is a leading integrated environmental solutions provider and has four main operating segments, waste management, waste treatment, ... ( read original story ...)

Posted on 25/08/2022

Funder backs Singapore investor’s claim against China

A Singaporean group has secured third-party funding for a US$170 million treaty claim against China over the curtailment of its phosphate mining activities to make way for a panda reserve. ( read original story ...)

Posted on 25/08/2022

Banks seek clarity on new rules about roundtripping in overseas investment

Under the new rules, Indian entities can make investments in foreign companies that have Indian subsidiaries provided the whole investment structure doesn't have more than two layers. Now, there are ... ( read original story ...)

Posted on 25/08/2022

Singapore High Court Recognizes Three Arrows Capital Liquidation Order

The liquidators of Three Arrows Capital secured a crucial court decision in Singapore, which will give them the ability to probe the local assets of the defunct crypto hedge fund, a high court ... ( read original story ...)

Posted on 24/08/2022

Singapore hawkers feel the heat of spiking inflation

In Singapore, hawker centers are one segment of the service economy directly affected by the city-state’s rising inflation. The city-state’s famed low-cost eateries were forced to raise prices at the ... ( read original story ...)

Posted on 24/08/2022

Three Arrows liquidators get Singapore court nod to probe crypto fund

Liquidators get authority to request access to any financial records the fund kept locally, say sources. Read more at straitstimes.com. ( read original story ...)

Posted on 24/08/2022

Singapore Financial Regulator Imposes $9 Million Fine on Commodity Trader Noble Group

Commodity trader Noble Group Ltd will pay a S$12.6 million ($9.03 million) penalty for releasing 'misleading' information in its financial statements between 2012 and 2016, the Monetary Authority of ... ( read original story ...)

Posted on 24/08/2022

Singapore Concludes Noble Group Saga With Fine and Warnings

Noble Group Ltd., the commodity trader whose losses, spectacular collapse, court dramas and multibillion dollar restructuring dominated headlines in Singapore over several years, was fined by local ... ( read original story ...)

Posted on 24/08/2022

Singapore’s central bank chief says era of cheap money, energy is over

SINGAPORE: Singapore’s central bank chief said that global interest rates are unlikely to return to near zero, joining a chorus of policymakers signalling that inflation is likely to remain high while ... ( read original story ...)

Posted on 24/08/2022

Singapore’s Menon says era of cheap money, energy is over

The era of cheap money, cheap labour and cheap energy is over,” said Ravi Menon, managing director of MAS said. ( read original story ...)

Posted on 24/08/2022

Inflation in Singapore hits 13-year high, expected to continue rising

SINGAPORE - Consumer prices in Singapore continued to climb in July and core inflation hit a 13-year high, with economists saying respite is still months away.Core inflation, which excludes costs of ... ( read original story ...)

Posted on 24/08/2022

CEO Wee in the market for UOB shares with $2 million spent over three trading days

UOB shares closed Aug 23 at $27.51, up 0.66% for the day and up 2.15% year to date. See Also: Click here to stay updated with the Latest Business & Investment News in Singapore ... ( read original story ...)

Posted on 24/08/2022

Which new bank wins the race of digital banking licences?

An analyst says GXS Bank stood out amongst fresh entrants. GXS Bank prevailed amongst the winners of Singapore’s digital banking licences who rolled out their new digital bank in the middle of the ... ( read original story ...)

Posted on 24/08/2022

3 Dividend-Paying Singapore Stocks I Would Buy With S$20,000

AEM provides comprehensive test solutions for the semiconductor and electronics sector and has manufacturing plants in countries such as Singapore, Malaysia, Indonesia, and the US. The group recently ... ( read original story ...)

Posted on 24/08/2022

Singapore Sees More US-Listed Chinese Firms Coming to Its Shores

Singapore Exchange Ltd. sees more listings in coming months by Chinese issuers that already trade American depository receipts, even as it grapples with delayed deals amid a global valuation ... ( read original story ...)

Posted on 24/08/2022

This global bank is ‘obsessed with creating exceptional client experiences’

Mr Brendan Carney, chief executive officer of Citibank Singapore, outlines the philosophy that drives his bank’s business: "At Citibank Singapore, we are obsessed with creating exceptional client ... ( read original story ...)

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