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Posted on 07/06/2024

Banks Tap Complex Mortgage Product to Fight Deposit Flight Risk

Banks are ramping up investments in a complex part of the mortgage bond market that offers shorter-term securities, as they cope with the growing risk of their losing deposits amid high rates.Most ... ( read original story ...)

Posted on 06/06/2024

Man allegedly behind global malware network continues to resist extradition from S’pore

SINGAPORE - A man wanted by the US for his alleged role in the world’s largest botnet, which allowed criminals to steal billions of dollars, again resisted his extradition in court here. Wang Yunhe is ...

Posted on 06/06/2024

Singapore yet to resume import of live pigs from Indonesian farm on Bulan

Imports stopped on April 19, 2023 after African swine fever was detected in a consignment of pigs. Read more at straitstimes.com.

Posted on 06/06/2024

Richard Li’s FWD keeps ‘close eye’ on market amid rumours insurer will refile for IPO

FWD Group Holdings said it is keeping ‘a close eye’ on market conditions amid speculation its owner, tycoon Richard Li Tzar-kai, wants to revive his plan to raise capital through an IPO in Hong Kong.

Posted on 06/06/2024

Fund managers give cool reception to prospect of Shein London IPO

Richard Buxton, a former long-standing UK equity fund manager, told the Financial Times: “Whilst the LSE may be rejoicing at attracting such a large listing, I suspect that the uncertainties about ESG ...

Posted on 06/06/2024

After Singapore summit, a question of US priorities in Asia’s ‘hot zone

Taiwan's independence and disputed territory in the South China Sea have long been tense subjects, but which is more likely to lead to a conflict?

Posted on 06/06/2024

World’s 50 Best Restaurants: One Singapore restaurant makes it to the top 50

The results for The World’s 50 Best Restaurants 2024 are out, and one Singapore restaurant makes the cut. Coming in 24th among some of the most illustrious dining establishments in the world is none other than Odette at the National Gallery Singapore.

Posted on 06/06/2024

Singapore District Map: Your comprehensive guide to all 28 districts!

The term District is used to refer to the 28 postal districts established in the 1950s. While this classification system is no longer in use for post, property agents and the real estate market still ... ( read original story ...)

Posted on 06/06/2024

OCBC initiates ‘buy’ on Frencken with fair value of $1.74

Analyst Donovan Tan of OCBC Investment Research has initiated “buy” on Frencken Group . He has also given the group a fair value (FV) of $1.74.

Posted on 06/06/2024

McDonald’s Unveils ‘My Happy Place’ Metaverse in Singapore

McDonald's has teamed up with Bandwagon Labs, a subsidiary of an entertainment media company focused on the metaverse.

Posted on 06/06/2024

Singapore group to export green ammonia from a plant in India to Japan

Work towards a front-end engineering design award for the project in India is underway following the completion of the feasibility study. Land for the facility in India has been secured, said Sembcorp ...

Posted on 06/06/2024

Business park near Singapore airport rapidly emptying out, hurting its regional hub ambitions

Vacancy rate at Changi Business Park, once home to global firms, has climbed to 40 per cent due to lay-offs and hybrid working model Singapore's commercial real estate market has been a stand-out ...

Posted on 06/06/2024

Nomura’s Head of Markets Returns to Singapore After Revamp

Rig Karkhanis, head of global markets at Nomura Holdings Inc., is moving back to Singapore after a short stint in London revamping the business and making a slew of executive hires, according to a ...

Posted on 06/06/2024

Singapore carves out a space in the chip supply chain with a new $7.8 billion plant from Europe’s NXP and a TSMC-backed manufacturer

Singapore is winning over chipmakers thanks to government policy, a strong chip ecosystem and a customer drive for geographic diversity.

Posted on 06/06/2024

Vanguard International and NXP to build and operate 300mm fab in Singapore

NXP and Vanguard International Semiconductor are to create a manufacturing joint-venture VisionPower Semiconductor Manufacturing Company (VSMC) which will build a new 300mm semiconductor wafer ...

Posted on 06/06/2024

TSMC-Backed Vanguard and Dutch Firm NXP to Construct $7.8 Billion Wafer Plant in Singapore

Vanguard International Semiconductor Corporation, a company supported by Taiwan Semiconductor Manufacturing Co. (TSMC), and ...

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