This comes after German insurance giant’s S$2.2 billion bid for a controlling stake in Income fell through Read more at The Business Times.
Allianz to acquire HSBC Life Singapore and enter a new long-term distribution partnership with HSBC Singapore
Allianz to acquire HSBC Life Singapore, a composite insurer with a strong presence in the local life and health insurance market • Allianz and HSBC Singapore will enter into an exclusive 15-year ...
Allianz to acquire HSBC Life Singapore under broader EUR2 billion deal
(Alliance News) - Allianz SE on Friday announced a new distribution agreement with HSBC Holdings PLC along with a deal to acquire HSBC Life Singapore.
Singapore Pushes Back as US Levies Hit on Forced-Labor Claim
Singapore’s top diplomat said there was no economic justification for the US to impose tariffs on the city-state, adding that it seeks to avoid becoming “collateral damage” in Washington’s broader ...
HSBC sells Singapore insurance business to Germany’s Allianz in $2.09 billion deal
July 24 (Reuters) - HSBC said on Friday it will sell its Singapore life and health insurance business to Germany's Allianz, in a deal valuing the unit at S$2.7 billion ($2.09 billion). The disposal is ...
Singapore’s GIC plans to invest $30 billion in hedge funds over next three years
The sovereign-wealth fund has tripled its hedge-fund investments over the past decade and aims to build on this track record, it said.
Singapore’s GIC banks on hedge funds to weather market volatility, rides AI boom
By Yantoultra Ngui, Rae Wee and Xinghui Kok SINGAPORE, July 24 (Reuters) - Singapore sovereign wealth fund GIC plans to deploy an additional $30 billion into hedge funds and is spreading its bets ...
Singapore Oceanarium launches new behind-the-scenes shark feeding experience
Ever wondered how sharks are fed at the Singapore Oceanarium? A new programme gives visitors an exclusive behind-the-scenes look at shark feeding operations, as well as the chance to get up close with ...
Singapore Core Inflation Quickens to 1.6% Ahead of MAS Decision
Singapore’s core inflation accelerated last month as higher global energy costs are beginning to filter through to consumer prices.
China’s JD.Com unit, two other firms plan $1 billion Singapore REIT: Sources
JD Property, Partners Group, and EZA Hill are planning to launch a Singapore-based REIT potentially valued at over $1 billion, targeting industrial properties in Southeast Asia. The REIT, expected to ... ( read original story ...)
DBS PayLah! hit by service disruption, bank says affected transactions will be refunded
SINGAPORE: DBS Bank said on Thursday evening (Jul 23) that its PayLah! service was experiencing a disruption and that it was working to restore the service. In a Facebook post shortly after 9pm, the ...
‘World Cup distracts high-value gaming patrons’: DBS maintains ‘hold’ on Genting Singapore
Chee Zheng Feng from DBS Group Research foresees RWS to report soft gaming performance in 2Q2026, with the impact potentially extending into 3Q2026 given that the World Cup runs from June to July.
Singapore Retains Title as World’s Most Powerful Passport in 2026, Offering Access to 192 Destinations
While Singapore remained firmly in first place, the United Arab Emirates (UAE) emerged as the biggest climber in the latest rankings.
Keeping Singapore’s maritime approaches secure and open ‘a matter of survival’: Shanmugam
Singapore relies on the sea for much of its need, including energy, food and trade, and hence it is a "fundamental national priority" for the city state to keep its maritime approaches open and secure ...
Singapore fines DBS, Cition Wirecard AG scandal
SINGAPORE’S financial regulator imposed penalties amounting to a total of S$3.8 million ($2.8 million) on four financial institutions for breaches related to the Wirecard AG scandal. DBS Group ...
Singapore passport crowned world’s most powerful for third year running
Singaporeans continue to enjoy some of the world's greatest travel freedom, with the Republic retaining the title of the world's most powerful passport for the third consecutive year. The Singapore ...