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Posted on 03/04/2023

Bank sub-bonds worth buying despite recent write-off of Credit Suisse’s bonds, says Citi

SINGAPORE – Despite the recent jitters and volatility caused ... this asset class has emerged as a notable pocket of value as the recent banking crisis blows over. Citibank chief investment officer ...

Posted on 03/04/2023

Over 40% Singaporeans Own Crypto:Survey Shows

The survey shows 43% of the 1,500 Singaporean respondents own some cryptocurrency. In comparison, last year’s research showed that the figure was around 40%, whereas the adoption levels were 43% in ...

Posted on 03/04/2023

Hong Kong’s crypto comeback should make the U.S. uneasy

Hong Kong's pivot back to crypto comes as the U.S. risks overplaying its hand when it comes to global financial regulation.

Posted on 03/04/2023

Singapore can benefit as StanChart records ‘really good net new money inflows’: CEO

Singapore is a “magnet for wealthy people from everywhere, including from China”, says StanChart group CEO Bill Winters. Read more at straitstimes.com.

Posted on 03/04/2023

American extradited to Singapore, charged over S$18 million fraud investment scheme

SINGAPORE: A 50-year-old man was extradited from the United States to Singapore and charged on Monday (Apr 3) over an S$18 million (S$13.5 million) fraud investment scheme. Michael Philip Atkins, a US ...

Posted on 03/04/2023

Singapore to launch one-stop mobile and contactless transport ticketing platform

In addition to the implementation of a single ticketing and travel card services app, the integration will also support the further development of Singapore’s SimplyGo open loop contactless fare ...

Posted on 03/04/2023

Hong Kong’s ‘moneymaking genes’ help it trump charmless Frankfurt, LA and Singapore, says tycoon Ronnie Chan

While some international cities that are well-equipped with hotels and airports are "artificial" and "super boring", Hong Kong is also "full of charm", which makes it a favourable destination for ...

Posted on 03/04/2023

HSBC Bank (Singapore) names new board directors

HSBC Bank (Singapore) has appointed Sam Liew and Colin Bell as directors of its board, effective April 4. Liew is managing partner, government strategic business group, at Singtel NCS Group. In this ...

Posted on 03/04/2023

“Embarrassed” DBS chairman bows to apologise and sets up special committee to look into service disruption

SINGAPORE: Expressing embarrassment over the latest digital banking service outage, DBS CEO Piyush Gupta and chairman Peter Seah apologised to stakeholders at the bank’s annual general meeting (AGM) ...

Posted on 03/04/2023

Singapore stocks rise as markets leave banking woes behind; STI up 0.7%

SINGAPORE - The Straits Times Index (STI) rose 0.7 per cent or 22.18 points to close at 3,281.08 points on Monday, amid buoyant trading across Asia. Read more at straitstimes.com.

Posted on 03/04/2023

Singapore to start importing eggs from Indonesia

This brings the number of countries and regions accredited to export chicken eggs to Singapore to 18, up from 12 in 2019, said the Singapore Food Agency.

Posted on 03/04/2023

Tencent backs Singapore’s Horizon Quantum Computing in $18M round

Quantum computers have the potential to carry out highly complicated calculations in minutes that would have taken classical computers thousands of years to work out. But much of the industry is still ...

Posted on 03/04/2023

AI tools like Home Loan Report are revolutionising the mortgage industry

AI like Home Loan Report, has revolutionised several industries, and the mortgage broker business in Singapore is no exception. The post AI tools like Home Loan Report are revolutionising the mortgage ... ( read original story ...)

Posted on 03/04/2023

3 Things To Know Before Committing to Co-Borrowing on Mortgage

In Singapore, it’s common to co-borrow on a mortgage with your parents or spouse to strengthen your loan application. When ... ( read original story ...)

Posted on 03/04/2023

Tight Rental Market Fuels Rental Scams, Singapore Among Top Cities for Ultra-prime Residential Sales, and More

Almost all 320,000 HDB flats that were built up to 1986 have been upgraded under the Home Improvement Programme (HIP). Meanwhile, demand for assisted co-living arrangements in public housing flats is ... ( read original story ...)

Posted on 03/04/2023

HSBC Singapore announces new board of directors

Their appointments is effective starting 4 April. Sam Liew and Colin Bell have been appointed as new directors to the board of HSBC Bank (Singapore). Liew is presently the managing partner of the ...

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