COO Tancy Tan says the bank currently runs over 100 use cases for generative AI. Generative artificial intelligence (AI) may be all the rage in the banking industry right now, but for HSBC, it is just ...
OCBC sues suspect in SG money laundering case for $19.7M
SINGAPORE: Oversea-Chinese Banking Corp., OCBC sues suspect of Singapore money laundering case for $19.7 million.... The post OCBC sues suspect in SG money laundering case for $19.7M appeared first on ...
DBS says customers may face delays in mobile banking access
DBS Group Holdings’ customers may face slight delays in accessing their mobile banking accounts due to “higher-than-normal concurrent logins,” the bank said in a Facebook post on Friday (Dec 1). Read ...
VTAC shareholders vote to buy live-streaming app 17Live for Singapore’s first Spac merger
SINGAPORE – Shareholders of Temasek-backed Vertex Technology Acquisition Corporation (VTAC) have voted to merge with Taiwanese live-streaming platform 17Live to become Singapore’s first special ...
Singapore stocks end higher amid mixed regional trading, STI up 0.6%
Key regional indexes had mixed trading, despite November being Wall Street’s best month in over a year. The Nikkei 225 and Australian shares both fell 0.2 per cent, the Hang Seng was down 1.3 per cent ...
Tropical datacenter now up and running in Singapore
A datacenter set up to operate in tropical climates is now up and running in Singapore, offering a facility for researchers and industry players to develop energy-efficient cooling technologies.
Singapore real incomes fell in 2023 amid high inflation, resident employment rate declined: MOM
Nominal income for Singapore workers rose while real income dipped due to high inflation. How much was the decline?
Singapore office to strengthen QIC’s partnerships across Asia
SINGAPORE, Dec. 1, 2023 /PRNewswire/ -- Queensland Investment Corporation (QIC) has expanded its international presence with a new Singapore office established to support a greater focus on ...
Singapore could mobilise $57.5b retail capital inflows for climate change initiatives
Standard Chartered said around 94% of Singaporean investors are keen on climate investing, with 80% inclined to increase capital flows towards climate in a bid to reduce portfolio and make a positive ...
OCBC seeks almost $20m from suspect in $2.8b money laundering case
OCBC has filed a claim in Singapore's High Court, seeking at least $19.7 million from money-laundering accused Su Baolin, as well as possession of his mortgaged Sentosa Cove villa. The bank filed a ...
DBS Says Customers May Face Delays in Mobile Banking Acesss
DBS Group Holdings Ltd.’s customers may face slight delays in accessing their mobile banking accounts due to “higher-than-normal concurrent logins,” the bank said in a Facebook post Friday.
Singapore ranked 3rd globally in digital competitiveness
The Republic rose to third place after ranking fifth during the pandemic in 2021. Read more at straitstimes.com.
3 Singapore stocks to watch out for in Dec 2023
SINGAPORE: As the year 2023 comes to a close, investors grapple with challenges such as surging interest rates and high inflation, leaving many sectors, including Real Estate Investment Trusts (REITs) ...
Singapore bank sues money laundering suspect for $15 million
SINGAPORE - Oversea-Chinese Banking Corporation (OCBC) has sued a suspect involved in Singapore's biggest money laundering case, marking the first known case of a lender in the city-state taking ...
OCBC seeking at least S$19.7 million, mortgaged Sentosa Cove villa from money laundering accused Su Baolin
OCBC has filed a claim in Singapore’s High Court seeking at least S$19.7 million ... He currently faces two charges related to forging bank documents with the intention to cheat Citibank and Standard ...
Singapore ranks 3rd in 2023 IMD World Digital Competitiveness Ranking
IMD World Digital Competitiveness Ranking (WDCR), released on Thursday (Nov 30), shows that Singapore has climbed up to take third place, following the United States and the Netherlands in first and ...