He allegedly used his five bank accounts together with his wife’s to facilitate the flow of $222,000 from the victims. Read more at straitstimes.com. ( read original story ...)
71-year-old man charged after Internet love scam victims transfer money to his bank accounts
SINGAPORE: A 71-year-old man was charged on Friday (Aug 5) after Internet love scam victims allegedly transferred money to his bank accounts. The accused, Lai Chee Keong, was charged with money ... ( read original story ...)
Porsche IPO deal a tick for Citi’s green push
Less than three years after starting a specialist sustainability investment banking division, Citi is getting runs on the board, says the Australian who runs it. ( read original story ...)
Stock Market LIVE Updates: Sensex and Nifty50 likely to open higher today — all eyes on RBI
Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to start the last session of the week in the green, with the RBI's Monetary Policy Committee due to announce a key interest rate decision ... ( read original story ...)
Stock Market Live Updates: SGX Nifty signals a positive start; Tokyo stocks trade higher
Tokyo stocks traded higher Friday following tech gains on Wall Street while more businesses reported that higher raw material prices were weighing on profits. The benchmark Nikkei 225 index opened ... ( read original story ...)
MAS prices Singapore’s $2.4 bil 50-year inaugural sovereign green bond
The Monetary Authority of Singapore (MAS) has priced Singapore’s $2.4 billion 50-year inaugural sovereign green bond with a 3.04% per annum (p.a.) coupon. The bond will mature in August 2072. Of the ... ( read original story ...)
Hong Leong Finance sees profits rise to S$45.1m in H1
It has also announced an interim dividend of S$0.0375 in its latest bourse filing. Hong Leong Finance reported net attributable profits of over S$45.1m for the first six months of the year, a 1% ... ( read original story ...)
Revolut starts crypto service in Singapore
Revolut has started offering cryptocurrency services to users in Singapore, the global fintech firm said on Thursday. See related article: How a market slump may be helping Singapore’s stance against ... ( read original story ...)
DBS profit beat overshadowed as rich clients stay on sidelines
SINGAPORE: DBS Group Holdings Ltd says wealth management and investment banking fees dropped in the second quarter as wealthy clients turned cautious amid the global market turmoil, overshadowing net ... ( read original story ...)
DBS Q2 profit tops estimates as banks benefit from rising interest rates
Singapore's DBS Group reported a 7% rise in quarterly net profit that came in slightly above market estimates and gave a robust outlook as Southeast Asia's largest lender gains from sharply higher ... ( read original story ...)
DBS says not in discussions for buying stake in IDBI Bank
His comments come after Indian media reported that DBS was considering purchasing a stake and held discussions with finance ministry officials in New Delhi. Among Singapore banks, DBS has been the ... ( read original story ...)
Ascendas Reit to acquire Philips APAC Center in Singapore for S$104.8 million
The acquisition will improve the overall resilience of the portfolio with its high occupancy of 95.7% and long WALE of 4.5 years ... ( read original story ...)
DBS Q2 profit tops estimates as rising interest rates boost banks
Singapore's DBS Group reported a 7 per cent rise in quarterly net profit that came in slightly above market estimates and gave a robust outlook as Southeast Asia's largest lender gains from sharply ... ( read original story ...)
Under scrutiny: proposed merger of Singapore’s offshore and marine heavyweights
The Competition and Consumer Commission of (CCCS) is inviting public feedback on the proposed merger of the nation’s leading offshore and marine companies of Sembcorp ... ( read original story ...)
Woman, teen to be charged for allegedly sharing SingPass, bank details with scammers
SINGAPORE - A woman, 31, and a 16-year-old boy will be charged on Friday (Aug 5) for their suspected involvement in knowingly disclosing their Singpass and bank account details to scammers who later ... ( read original story ...)
Southeast Asia’s largest bank says wealth management, capital markets business face challenges
"Business momentum is a bit mixed. Our corporate lending activities are actually doing quite well. And so the balance sheets continue to grow," DBS Group CEO Piyush Gupta said. ( read original story ...)