ZURICH: Siemens will spend €2 billion (US$2.16 billion) on a new global investment plan, the German engineering and technology group said on Thursday (Jun 15), as it gears up to meet increased demand ...
Siemens to invest $2.2 bln to ramp up global production
Siemens will spend 2 billion euros ($2.16 billion) on a new global investment plan, the German engineering and technology group said on Thursday, as it gears up to meet increased demand triggered by ...
Eight arrested in SG over links to mobile phone malware which resulted in unauthorised banking transactions
Eight people, aged between 19 and 35, were arrested for their alleged involvement in a recent spate of banking-related malware incidents.
8 individuals arrested for alleged involvement in spate of banking-related malware incidents
Unauthorised transactions were made from victims’ banking accounts even though they did not divulge their OTP to anyone. Read more at straitstimes.com.
‘Greenest’ of the three, OCBC also has dividend upside
In terms of business direction, OCBC is said to have the sharpest Greater China focus among the local banks. Hong Kong, China and Macau account for 24.6% of OCBC’s loan portfolio. However, Wong sees ...
UOB deepens its roots in Asean ‘phygitally’
In 2011, even before President Xi Jinping of China launched his Belt and Road Initiative (BRI), UOB had already foreseen the potential of Asean by forming its Foreign Direct Investment (FDI) Advisory ...
Vote for Ah Lian? Michelle Chong shows off ‘presidential campaign flyers’, wants to make Singapore tok kong again
Do we have a new contender for Singapore's upcoming Presidential Election?While Michelle Chong is unlikely to give Senior Minister Tharman Shanmugaratnam and entrepreneur George Goh a run for their ...
Supertanker freight rates jump as Mideast crude exports to Asia rise
The costs of chartering supertankers to move crude oil from the Middle East to Asia have jumped to the highest since April as more cargoes are being booked in June, according to industry sources and ...
Singapore’s Venture Corp. Rises Amid Appetite for Tech Stocks — Update
By Yi Wei Wong Shares of Singapore technology services group Venture Corp. are up early Thursday, extending a bullish run this week and putting the stock ...
Singapore Home Sales Climb to One-Year High Even After Curbs
Singapore’s home sales surged to the highest in a year, showing that the government’s latest cooling measures have done little to curtail demand.
8 arrested for suspected involvement in banking-related malware crimes
Four men and four women have been arrested by the police for their alleged involvement in a recent spate of banking-related malware incidents.
‘Premature’ to assume MAS will take risk-based approach to monetary policy: HSBC
According to an HSBC Global Research report, some onlookers have been left wondering if the central bank will take a risk-based approach — turning hawkish again after a pause on tightening monetary ...
SIA’s share price soars above pre-pandemic levels, OCBC increases target price to $7.94
SIA’s first mover advantage while the aviation industry emerged from the pandemic has resulted in record revenue performance ...
What are the eligibility criteria of private sector candidates for Singapore’s Presidential Election and does George Goh qualify?
Now that businessman George Goh has thrown his hat into the ring as a potential candidate for the upcoming Presidential Election, attention has turned ...
Two Crypto Platforms Halt Withdrawals in an Echo of the Sector’s 2022 Woes
Two South Korea-linked crypto platforms halted withdrawals in the space of 24 hours, a reminder of the ongoing risks in the digital-asset sector following a spate of blowups sparked by a market rout ...
Singapore teacher jailed for upskirt videos of minors
Due to the allegations, the teacher had been suspended since 2018, but he was reportedly still employed as a teacher at the school, according to Singapore’s Ministry ... Authorities said the teacher ...