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Category: FINANCE

Posted on 22/11/2022

Singapore defends its treatment of Binance after FTX ‘debacle’

Singapore's central bank has responded to criticism of its treatment of two of the world's largest crypto exchanges, explaining why Binance was on an investor watch list while FTX, which has filed for ...

Posted on 22/11/2022

Singapore’s first digitally-native bank, Trust Bank, partners with Perx Technologies to jump-start dynamic mobile-first customer engagement

Mr. James Ong, Chief Commercial Officer of Trust Bank, said, "Our partnership with Perx Technologies has enabled us to create an instantly rewarding digital banking experience, adding value to the ...

Posted on 22/11/2022

Stock Market LIVE Updates: Sensex and Nifty to open higher amid mixed global cues

Indian equity benchmarks BSE Sensex and NSE Nifty50 are expected to open in the green on Tuesday amid mixed cues from global markets. Singapore Exchange Nifty futures, an early indicator of the Nifty ...

Posted on 22/11/2022

SGX Nifty rises 43 points: Mixed Asian markets, Kaynes Tech IPO, Vedanta dividend & more

Nifty futures on the Singapore Exchange quoted 43.50 points, or 0.24 per cent, higher at 18,248.50, hinting at a positive start for the domestic market on Tuesday.

Posted on 22/11/2022

Citi Singapore and NUS Business School Redesign Transaction Banking Course to mark 10 Years of Collaboration

To meet the needs of the future economy, Citi Singapore's Treasury and Trade Solutions (TTS) and the National University of Singapore's (NUS) Business School today announced the revamp of its 13-week ...

Posted on 22/11/2022

HSBC taps former Citi head to lead its wealth and personal banking business

Ashmita Acharya will take over the post on 18 January 2023. HSBC Singapore has named international banking expert, Ashmita Acharya, as its new head of Wealth and Personal Banking Business (WPB).

Posted on 22/11/2022

Singapore’s Regulators Clarify FTX-Binance Issue, Says Investors Not Protected

While the MAS addressed numerous points with regard to FTX and Binance, Singapore’s central bank and regulator emphasized the risks of crypto trading and the uncertainty around crypto exchanges. It ...

Posted on 21/11/2022

Singapore’s central bank says not possible to protect local users from FTX fallout

The Monetary Authority of Singapore (MAS) said on Monday that it was not possible for the central bank to protect local users from FTX’s collapse as the crypto exchange operated offshore and was not ...

Posted on 21/11/2022

BT, UOB partner to launch Sustainability Impact Awards

UOB and The Business Times (BT) are coming together to launch an award recognising individuals and companies in Singapore that demonstrate leadership in sustainability. Dubbed the Sustainability ...

Posted on 21/11/2022

Singapore stocks fall amid regional declines; STI down 0.7%

SINGAPORE stocks finished Monday (Nov 21) with a loss of 0.7 per cent, with the Straits Times Index (STI) falling 21.61 points to 3,250.62. Read more at The Business Times.

Posted on 21/11/2022

Singapore stocks fall amid regional declines

SINGAPORE - Singapore stocks finished Monday (Nov 21) with a loss of 0.7 per cent, with the Straits Times Index (STI) falling 21.61 points to 3,250.62. Read more at straitstimes.com.

Posted on 21/11/2022

Applying World Cup wisdom to the stock market

SINGAPORE - With the World Cup under way in Qatar, there is plenty at stake for the 32 countries contesting for the top prize in international football. It is not just glory and fame at stake for the ...

Posted on 21/11/2022

Ex-DBS officer jailed for using bank’s system to find out people’s salaries, leaking details

Accessed customer info even though he was not supposed to According to CNA, Liong was a DBS collections officer between July 2016 and December 2018. As part of his job scope, he was given access to ...

Posted on 21/11/2022

StanChart sees Asia, Middle East as bright spots in weak global economy

Standard Chartered expects Asia and the Middle East to outperform other regions even as spiralling inflation and a spike in borrowing costs risk tipping major global economies into a recession next ...

Posted on 21/11/2022

Former DBS officer jailed for illegally accessing and leaking customer details

SINGAPORE - A former DBS officer was sentenced to 16 weeks’ jail on Monday for accessing customer details without authorisation and disclosing them to others. Read more at straitstimes.com.

Posted on 21/11/2022

Singapore’s ‘loss and damage’ fund contributions to be negotiated: Grace Fu

On expanding Singapore’s climate change contributions, Minister for Sustainability and the Environment Grace Fu said the country believes in multilateralism, and will participate in the new fund with ...

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