United Overseas Bank Ltd reported a 40% drop in quarterly profit on Wednesday as Singapore's third-largest-listed lender bulked up loan loss provisions in pandemic-hit markets and its net interest ... ( read original story ...)
UOB Q3 profit falls 40% to $668 million on higher provisions
United Overseas Bank posted a 40 per cent drop in third-quarter net profit to $668 million from $1.12 billion a year earlier as the bank built up on allowances for potential bad loans amid the ... ( read original story ...)
Little change to US-Singapore relations under either Trump or Biden: Experts
who is now the chief executive of Export Now and is based in Singapore. "In general, these two countries look at the world in very much the same way. So there’s no burning bilateral crisis." But as ... ( read original story ...)
Singapore central bank says to prioritise curbing disclosure breaches, money laundering
Singapore's central bank said on Wednesday it would prioritise combatting disclosure breaches, mis-selling of financial products, and money laundering in a report on financial markets oversight. ( read original story ...)
Singapore c.bank says to prioritise curbing disclosure breaches, money laundering
Singapore's central bank said on Wednesday it would prioritise combatting disclosure breaches, mis-selling of financial products, and money laundering in a report on financial markets oversight. ( read original story ...)
Singapore to Prioritize Misselling, Money Laundering Crack Down
(Bloomberg) -- Singapore’s financial regulator is prioritizing its crack down on disclosure breaches, the misselling of financial products and anti-money laundering this year and next as the city ... ( read original story ...)
Singapore to stop printing S$1,000 banknotes
Singapore will stop printing S$1,000 banknotes from Jan 1 next year, its central bank said on Tuesday, to curb the risk of them being used for money laundering and to finance terrorism. ( read original story ...)
Singapore Shares Tipped To Open Higher On Wednesday
The Singapore stock market has moved higher in two straight sessions, rallying almost 75 points or 3 percent along the way. The Straits Times Index now sits just beneath the 2,500-point plateau and it ... ( read original story ...)
Singapore bank UOB’s Q3 net profit skids 40% as loan loss provisions rise
United Overseas Bank Ltd reported a 40% drop in quarterly profit on Wednesday as Singapore's third-largest-listed lender bulked up loan loss provisions in pandemic-hit markets and its net interest ... ( read original story ...)
Covid-19: What’s Singapore’s Refreshed Economic Strategy & How Does It Benefit Us?
We’re fast approaching the end of 2020, yet it appears that Covid-19 may stay with us for some time longer. It’s been one tough year — although our daily cases are now controlled, we need to stick it ... ( read original story ...)
In Singapore, more millennials are choosing to rent as values shift
A lack of privacy triggered by Covid-19, long wait times for new flats and changing values are some reasons Singaporeans are leaving the nest. ( read original story ...)
Flow of goods and services between Singapore and Malaysia remains smooth: Chan Chun Sing
Mr Chan added that Singapore is able to withstand unexpected disruptions through a combination of strategies, such as stockpiling essential items, diversifying import sources and increasing local ... ( read original story ...)
9 new Covid-19 cases in Singapore, with 7 of them imported
There were nine new coronavirus cases confirmed yesterday, taking Singapore's total to 58,029.. Read more at straitstimes.com. ( read original story ...)
Abrupt halt of Ant Group’s mega-IPO leaves investors guessing
Investors were left reeling by the suspension of Ant Group's $37 billion (£28 billion) stock market listing on Tuesday, with many having spent weeks studying the deal and lobbying bankers for shares ... ( read original story ...)
Singapore to stop printing S$1,000 banknotes from next year
Singapore will stop printing S$1,000 banknotes from Jan. 1 next year, its central bank said on Tuesday, to curb the risk of them being used for money laundering and to finance terrorism. SINGAPORE, ... ( read original story ...)
Singapore-based top hedge fund soars 275% with huge bet in Chinese education companies
QQ says assets under management rose to about US$1 billion ($1.37 billion) last month, with most of the money coming from Qian. ( read original story ...)