Fan Yifei, vice governor of the People's Bank of China (PBOC), attends a news conference during the ongoing session of the National People's Congress (NPC) in Beijing, China March 10, 2019. REUTERS/Ja ...
Hyundai’s Singapore plant opening further delayed to Q4
HYUNDAI Motor is now expected to open its plant in Singapore in the fourth quarter – one year after its original target date. Read more at The Business Times.
SGX: What Lies Ahead for UOB’s Share Price?
The SGX-listed United Overseas Bank (SG:UOB) share price has been down by 8% in the last six months. Analysts are moderately bullish on the ...
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Singapore tops list of costliest cities for goods, services aimed at the wealthy
Cars and essential health insurance in Singapore are 133% and 109% more expensive than the global average, among 12 consumer goods and eight services that reflect the spending patterns of ...
First Criminal Convictions For Wirecard Fraud Scandal Handed Down In Singapore
The once celebrated German payments firm collapsed spectacularly in 2020 after it acknowledged around $2 billion of listed assets probably didn’t exist.
Singapore hands down first Wirecard criminal convictions
Singapore has handed down prison sentences to two former senior Wirecard finance executives, the first criminal convictions related to the collapse of the once high-flying German ...
Probation for teen who receives over $85k in bank account from scams targeting OCBC customers
SINGAPORE - A 17-year-old boy, who allowed scammers to use his bank account to receive $85,220 stolen from OCBC Bank customers, also recruited his friends to commit similar offences. Cash totalling ...
DBS upgrades Sheng Siong to ‘buy’ on ‘attractive industry dynamics and reasonable valuation’
Sheng Siong’s new stores are also well-positioned to support a steady revenue and earnings growth. The group has opened one new store year-to-date (ytd) and is expected to open at least two new stores ...
Live news: Two former Wirecard executives sentenced to prison in Singapore
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Singapore is most expensive city for high net worth individuals to live well: Julius Baer report
SINGAPORE has, for the first time, risen to become the most expensive city for high net worth individuals (HNWIs) to live well, said a report by Swiss private bank Julius Baer on Tuesday (Jun 20).
Dyson doubles down on Singapore and ramps up hiring globally
Dyson's £2.75 billion global investment includes a slate of new generation of products and a giant battery plant in Singapore.
Singapore takes top spot as Asia is the world’s most expensive region according to spending patterns of the super-rich: report
The Global Wealth and Lifestyle Report says Asia remains the most expensive region in the world, with spending patterns of high-net-worth individuals confirming it is the most costly region to live we ...
Two former execs get Singapore jail terms in first conviction for Wirecard case
TWO individuals have been sentenced to jail in the first Wirecard-related conviction in Singapore and globally. They pled guilty to charges for their role in the scandal. James Aga Wardhana, who was ...
Duo jailed for helping finance vice-president embezzle funds in first Wirecard conviction
The alleged mastermind, Wirecard Asia vice-president of controlling and international finance Edo Kurniawan, escaped Singapore before he could be apprehended. He is at large, with an Interpol red ...
Two Ex-Wirecard Asia Employees in Singapore Sentenced to Jail
Two former employees of Wirecard Asia Holdings Pte were handed prison terms in Singapore for their roles in conspiring to misappropriate money.