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Posted on 17/11/2022

Singapore man linked to scams that duped over 50 victims of $3.7m arrested in Malaysia

The suspect is believed to have procured Singapore bank accounts through various chat platforms such as Telegram and Facebook. Read more at straitstimes.com.

Posted on 17/11/2022

UOB, DBS, OCBC raise fixed home loan rates to up to 4.5%, highest in almost two decades, say analysts

Home loan rates went past the 4 per cent mark on Tuesday (Nov 15) after three major banks here raised their fixed rate packages, with the United Overseas Bank (UOB) being the highest at 4.5 per cent ...

Posted on 17/11/2022

Singapore takes strong stance against crypto speculation and trading, says Lawrence Wong

Even before FTX's implosion happened, Singapore had been looking at tightening rules on crypto trading and retail investors’ access to crypto, says the Deputy Prime Minister.

Posted on 17/11/2022

Man in Singapore gets 23 years’ jail for raping intellectually disabled daughter after wife stopped being intimate

After his wife stopped being intimate with him, a 58-year-old man turned to raping his intellectually-disabled daughter multiple times over the course ...

Posted on 17/11/2022

Singapore versus Hong Kong’s 62 IPOs in 2022

As a case in point, this year, when growth in both China and Hong Kong slowed on the back of multiple Covid lockdowns, and mainland and Hong Kong capital made their way to the Lion City, for the 10 ...

Posted on 17/11/2022

Singapore’s deputy PM: FTX case has raised ‘serious allegations’

The collapse of crypto exchange FTX has raised "very serious allegations that amount to potential fraud", Singapore's finance minister and deputy prime minister said on Thursday.

Posted on 17/11/2022

Singapore’s Wong Says Xi-Biden Meet Start of a Long Journey

Singapore’s prime minister-in-waiting said this week’s meeting between US President Joe Biden and Chinese counterpart Xi Jinping was “a good start,” but the fundamentals between the competing ...

Posted on 17/11/2022

Stock Market LIVE Updates: Sensex sheds 150 points, Nifty below 18,400; IRFC jumps 4%, Tata Motors sheds 2%

The fact that Sensex and Nifty are at record closing highs tells us that the Buy on Dips strategy has worked well in this market. Therefore, this strategy can be expected to work, ...

Posted on 17/11/2022

Singapore Firm Weighs $146 Million IPO, Ending Listing Drought

Legend Logistics Ltd. is exploring an initial public offering in Singapore to raise as much as S$200 million ($146 million), according to people with knowledge of the matter, in what would be the ...

Posted on 17/11/2022

Indian National Bhambri Kunal Jailed In Singapore For ‘illegally Withdrawing Fraud Money’

A 26-yr-old Indian citizen, Bhambri Kunal was sentenced to 9 weeks in prison in Singapore after he pleaded guilty to three charges for withdrawing fraud money ...

Posted on 17/11/2022

Singapore’s deputy PM: FTX case has ‘very serious allegations’ that amount to potential fraud

The collapse of crypto exchange FTX has "very serious allegations that amount to potential fraud", Singapore's finance minister and deputy prime minister said on Thursday. Lawrence Wong said recent ...

Posted on 17/11/2022

Singapore-China green finance agreement signals regional trend

A set of new sustainable development initiatives is establishing Singapore as a green finance hub and hints at Beijing’s intentions in the region.

Posted on 17/11/2022

HSBC eyes ‘substantial’ expansion plans from its new Singapore headquarters

The bank’s new office measures more than 140,000 square feet with a 4,000-strong local workforce. It aims to double its wealth business in Singapore by 2025.

Posted on 17/11/2022

OCBC slashes Sats’ target price by about 30% as rights issue an ‘overhang’

Long term investors may stay invested in Sats, but Chu warns that a rights issue could weigh on its near-term share price.

Posted on 17/11/2022

Singapore’s Wong Says Xi-Biden Meet Is a Start of a Long Journey

Singapore’s prime minister-in-waiting said that the meeting between US President Joe Biden and Chinese counterpart Xi Jinping was “a good start,” but that the fundamentals between the competing ...

Posted on 17/11/2022

Singapore writes down $275 million in FTX, calls belief in Sam Bankman-Fried ‘misplaced’

Singapore has become the latest backer of crypto exchange FTX to admit being burned by its spectacular collapse.

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