STANDARD Chartered CEO bill Winters on Tuesday (May 23) said the sale of Credit Suisse to UBS was “surprising” given the “unusual” terms of the deal, which prioritised shareholders over bondholders.
Trent sets up 50:50 JV with Singapore’s apparel maker MAS Amity
Trent and MAS Amity, have subscribed equally to 5 lakh equity shares of the new entity at a face value of Rs 10 each, amounting to a total of Rs 50 lakh, Trent said in the exchange filing.
S’pore retail investors can invest in Thai blue chips from May 30
The SDRs will trade on SGX during local trading hours; all trades and cash distributions will be denominated in the Singapore dollar; and the SDRs will be held in custody in the investor’s Central ...
Future Returns: Impact Investing Fund Expands to the Oceans of Latin America and the Caribbean
The Singapore-based impact investing fund Circulate Capital launched a US$65 million initiative on Tuesday to reduce plastic pollution in Latin America and the Caribbean. The strategy builds on ...
HSBC appoints new head of wealth and personal banking for South Asia
HSBC has appointed a new head of wealth and personal banking (WPB) for the South Asia region with effect from Jun 26, the bank said on Tuesday (May 23). Read more at The Business Times.
Singapore’s core inflation remains unchanged at 5% in April
SINGAPORE: Singapore’s core inflation held steady at 5 per cent year-on-year in April, with lower inflation for electricity and gas, food as well as retail and other goods. The lower inflation in ...
Singapore could miss out on demand if it doesn’t move to greener data centers, warns Keppel Corp
Keppel Corporation is calling for authorities to develop data centers running on green energy. Reported by Nikkei Asia, Keppel’s chief executive of its data center unit, Wong Wai Meng, warned that the nation's capacity cap is insufficient to meet current demand.
Stalin reaches Singapore as part of official visit to attract investors
Chief Minister M.K. Stalin, who left Chennai on an official overseas visit on Tuesday, landed in Singapore around 6.30 p.m. local time ...
Singapore’s PM Lee orders ‘expeditious’ probe on rental of state properties by 2 ministers
Party elder Teo Chee Hean will review whether proper processes were followed in the leasing of state-owned bungalows by ministers K Shanmugam and Vivian Balakrishnan PM Lee says the review, requested ... ( read original story ...)
‘I have nothing to hide’: Shanmugam welcomes legitimate questions, slams ‘outrageous’ allegations over rental of Ridout Road state property
Law and Home Affairs Minister K Shanmugam said he has "nothing to hide" about the black and white bungalow on Ridout Road he rented, adding that the allegations that have been made against him are ... ( read original story ...)
Shanmugam says he has ‘nothing to hide’ on Ridout Road property, calls allegations ‘outrageous’
I have nothing to hide. We should set out the facts, lay them before Parliament and the people. That's the only way to retain trust,” said Law and Home Affairs Minister K Shanmugam. ( read original story ...)
UPDATE 1-Singapore’s DBS expects yearly earnings to beat $7.5 bln in medium term
By Navya Mittal and Yantoultra Ngui May 22 (Reuters) - Singapore's biggest bank DBS Group on Monday said it expects to lift annual earnings to more than S$10 billion ($7.55 billion) within the next ...
Singapore media guide
Singapore's media are highly developed and tightly controlled. There are two major players. Singapore Press Holdings is linked to the ruling party and has a near-monopoly of the press. MediaCorp, owned by a state investment agency,
LTE IMSI Catcher
GSM IMSI catchers preyed on a cryptographic misstep in the GSM protocol. But we have LTE now, why worry? No one has an LTE IMSI catcher, right? Wrong. [Domi] is here with a software-defined base ...
Genting Singapore Ltd.
Market Cap is calculated by multiplying the number of shares outstanding by the stock's price. For companies with multiple common share classes, market capitalization includes both classes.
Singapore Orders Review After Outcry Over Ministers’ Home Rents
Bloomberg subscribers can gift up to 5 articles a month for anyone to read, even non-subscribers! Learn more Singapore Prime Minister Lee Hsien Loong ordered a review after questions were raised in parliament and on social media about colonial homes rented ...