Deutsche Bank AG new Asia chief executive officer will be based in Singapore, picking the city over Hong Kong at a volatile time for the Chinese territory. ( read original story ...)
SMIC scores mainland China’s biggest IPO in a decade
SMIC, valued at $31bn on Wednesday, will become one of the China’s top 50 most valuable public companies after the listing. It has already sold roughly half its placement to institutions, raising ... ( read original story ...)
Rapyd takes all-in-one payment package to India
Rapyd partners with India’s leading payment providers to expand its Global Payments Network into the Indian market, and create a first-of-its-kind payment solution that spans credit and debit cards, ... ( read original story ...)
Standard Chartered Bank, Singapore Branch — Moody’s announces completion of a periodic review of ratings of Standard Chartered Bank
© 2020 Insider Inc. and finanzen.net GmbH All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer | Commerce Policy ... ( read original story ...)
HSBC, Standard Chartered reinstate work-from-home measures as ‘third wave’ of coronavirus hits Hong Kong
After serving as a test run globally for how to return to the office safely, banks in Hong Kong reinstated work-from-home arrangements for many of their staff this week as a “third wave” of ... ( read original story ...)
Singapore Researchers Look to Intel Neuromorphic Computing to Help Enable Robots That ‘Feel’
National University of Singapore demonstrates the promise of event-based vision and touch sensing in combination with Intel’s neuromorphic processing. ( read original story ...)
Gojek lets DBS PayLah in on the ride
Customers of ride-sharing operator Gojek can now book and pay for their fares with DBS Bank's digital payment app, PayLah. ( read original story ...)
Ex-bank exec gets 12 weeks’ jail for possession of obscene films, child pornography
During a police raid at the home of a former senior bank executive, DVDs and other electronic devices containing 245 obscene films were seized.. Read more at straitstimes.com. ( read original story ...)
Singapore’s Wavemaker Closes Third Venture Fund at $111 Million
(Bloomberg) -- Wavemaker Partners LLC, an early-stage venture capital firm, has closed its third investment fund for Southeast Asia at $111 million.The Singapore-based firm exceeded its initial target ... ( read original story ...)
DBS’s weak Q2 showing may be cycle’s bottom for bank: Citi
Citi Research expects DBS to report a "cycle-low" return on equity (ROE) of 7.5 per cent in Q2, with the projected weak earnings likely the worst of it in a season that has been seriously rattled by a ... ( read original story ...)
DBS and Gojek further push digital payment with PayLah! partnership
Singapore’s financial services company DBS Bank has partnered with ride-hailing company Gojek to integrate Gojek’s services into its PayLah! platform. Aimed at boosting the adoption of digital ... ( read original story ...)
Singapore stock watch: Biolidics, Frasers Property, Sembcorp, OCBC, Great Eastern, Sri Trang Agro
The following companies saw new developments that may affect trading of their securities on Wednesday (July 15):. Read more at straitstimes.com. ( read original story ...)
Singapore Shares Poised To End Losing Streak
The Singapore stock market has finished lower in three straight sessions, sliding almost 50 points or 1.9 percent along the way. The Straits Times Index now rests just above the 2,620-point plateau ... ( read original story ...)
More than 10,600 companies tap S$9.4b of loans through Enterprise Singapore over last 4 months: Chee Hong Tat
SINGAPORE: More than 10,600 companies have taken up loans ... work processes that are currently conducted manually by our colleagues (who are) doing admin, finance, all the way down to sales and ... ( read original story ...)
Singapore economy contracts 41% on quarterly basis
Singapore’s economy entered recession in the April-June quarter, contracting 12.6% from the same period a year earlier. Preliminary data reported Tuesday showed the ... ( read original story ...)
Singapore GE2020: PSP chooses assistant secretary-general Leong Mun Wai and vice-chairman Hazel Poa as NCMPs
SINGAPORE - The Progress Singapore Party (PSP) has chosen assistant secretary-general Leong Mun Wai and vice-chairman Hazel Poa to fill the two Non-Constituency MP positions it secured in the recent ... ( read original story ...)