Kaisa Group received a winding-up petition in Hong Kong from a Singapore-based hedge fund for non-repayment of a yuan-denominated debt and accrued interest. The stock crashed to a record low.
Sluggish loan growth, economic uncertainties cloud Singapore’s banking prospects: RHB
RHB Research has cut its weighting for the banking sector to “neutral” from “overweight” as it foresees waning business and consumer sentiment, along with low demand for credit, to partially offset ...
SCB WEALTH embraces becoming a ‘Digital Bank with Human Touch,’ winning Best Private Bank for Digitally Empowering RMs award
SCB WEALTH embraces becoming a ‘Digital Bank with Human Touch,’ winning Best Private Bank for Digitally Empowering RMs award, strengthening wealth platform innovation leadership Dr. Sathit Pongtanya, ...
Durian vendor tackles man who snatched $600 from elderly woman in Tampines
A durian vendor went to the rescue of an elderly woman when she was robbed of $600. The incident took place near a POSB ATM at Block 827, Tampines Street 81, after the woman withdrew cash from the ...
DBS upskills relationship managers on sustainable financing
Singapore-based lender DBS has upskilled more than 1,600 institutional banking relationship managers (RMs) and 170 credit risk managers (CRMs) to deepen their knowledge in sustainable financing ...
Gaming firm Razer hit by potential breach, hacker offering stolen data for RM466,750 in crypto
Gaming hardware company Razer has allegedly suffered a data breach, after a seller on a hackers’ forum offered stolen data for US$100,000 (RM466,750 or S$134,898) in cryptocurrency on July 8.
Singapore rolls out initiatives to capture new digital jobs in supply chain management
There will be 700 new digital jobs for PMETs in supply chain management from now till 2025, a study forecast. Read more at straitstimes.com.
What is ‘GIFT Nifty’ — the new avatar of the India-Singapore joint stock exchange, now in Gujarat
The cross-border initiative connecting India & Singapore’s capital markets will now be traded from GIFT city in Gandhinagar, the country's 1st international financial services centre.
Indian-origin Presidential Candidate Tharman Says Singapore May Take Few Decades To Create Rich Local Culture
Indian-origin Presidential candidate Tharman Shanmugaratnam has expressed confidence that multi-national Singapore can create a rich local culture, even if it might take a few decades.
Dream of being the next musical superstar? Singapore announces first ever K-pop high school programme
Ever dream of following in your favourite K-pop artist's footsteps to become a star? Well, your dreams of musical stardom can now come true! Right here in our little red dot. The School of Performing ...
Raffles Hotel makes around $39,000 a day just by mixing Singapore Slings
SINGAPORE: Raffles Hotel made the news over the weekend due to the considerable profit it yields because of one drink—the legendary Singapore Sling. An Australian news site, news.com.au, wrote on ...
Singapore home prices fall on the back of the latest property curbs
Price momentum may finally be easing after a buoyant run that saw the city-state’s red-hot property market defy a global slowdown from London to Shanghai. ( read original story ...)
DBS upskills sustainable financing knowledge of 1,600 relationship managers
The bank will incorporate the workshops as part of its training curriculum for incoming RMs. DBS upskills sustainable financing knowledge of 1,600 institutional relationship managers (RM) and 170 ...
Singapore Hedge Fund Files Wind-Up Case Versus China’s Kaisa
A Singapore-based hedge fund has filed a winding-up petition in Hong Kong against Kaisa Group Holdings Ltd., potentially complicating the Chinese builder’s debt-restructuring effort.
Why Singapore’s GIC is bullish about India
GIC manages Singapore government's financial assets and has a long impressive track record of consistent profits ...
Singapore Hedge Fund Files Wind-Up Case Against China’s Kaisa
A Singapore-based hedge fund has filed a winding-up petition in Hong Kong against Kaisa Group Holdings Ltd., potentially complicating the Chinese builder’s debt-restructuring effort.