SINGAPORE: The Monetary Authority of Singapore said on Thursday that Singapore's foreign exchange and money markets continue to function normally.
MAS ‘stands ready to curb excessive volatility in the Singapore dollar’
From an overnight rate of around $1.3429 SGD to the USD, the rate spiked to US$1.3488 by 8.00 am before easing back to $1.3429 by around 1.00 pm.
Singapore mother jailed 19 years for abusing daughter to death, helping burn body
A woman who abused her four-year-old daughter for over a year until the child died, then helped burn her body, was sentenced to 19 years in jail today.
OCBC to deploy £10 billion investment from Asia into UK
Singapore’s OCBC has signed an agreement with the UK government to deploy £10 billion (US$13 billion) of investments across the United Kingdom’s energy, infrastructure, and real estate sectors by 2030 ...
What are Trump tariffs and why Singapore dodged brunt of them
SINGAPORE] US President Donald Trump roiled global markets with his “Liberation Day” tariffs. On Wednesday (Apr 2), he announced a 10 per cent baseline tax on imports and higher tariff rates on dozens ...
S’pore seen spared from worst case scenario on Trump tariffs, but may be hit by global trade slowdown
There is still threat of a 25 per cent tariff on US imports of semiconductors and pharmaceuticals. Read more at straitstimes.com.
Trump tariffs: Hitting close ally Singapore ‘a surprise’, says ex-senior US trade official
WASHINGTON: Framing it as a declaration of economic independence, United States President Donald Trump announced sweeping tariffs on Wednesday (April 2) in an attempt to replace free trade with "fair" ...
Singapore detains teenage boy allegedly planning to kill 100 Muslims
A Singaporean teenager allegedly planning to kill dozens of Muslims outside several mosques has been detained, the city-state's Internal Security Department said on Wednesday.
Singapore mum who abused four-year old daughter in sadistic ways jailed 19 years
SINGAPORE: The mother of four-year-old Megan Khung who had been abused and humiliated for more than a year before she died was on Thursday (April 3) sentenced to 19 years' jail.
Jefferies Moving to Bigger Singapore Office Amid Expansion Push
Jefferies Financial Group Inc. is set to move to a larger office space in Singapore, according to people familiar with the matter, in a further signal of the Wall Street firm’s expansion drive in Asia ...
OCBC prices 500 million euro bonds due 2028 at 2.481%
SINGAPORE] OCBC said on Thursday (Apr 3) that it has priced 500 million euros (S$733.8 million) in fixed-rate covered bonds due 2028. The covered bonds will bear interest at a fixed rate of 2.481 per ...
UOB ‘humming along nicely’ and RHB sticks with $41.60 target price
RHB’s team met UOB management in a “recent meeting”, and the bank’s leaders are reportedly comfortable with their guidance for FY2025.
Singapore’s DSTA, Thales to develop AI tech for combat systems
Singapore’s Defence Science and Technology Agency (DSTA) and Thales have established a joint laboratory aimed at advancing AI-enabled technologies to enhance the combat systems used by the Singapore ...
OCBC aims to fund $17 bil over five years to support FDI into the UK
The agreement seeks to promote the UK as a hub for businesses, investors and services involved in the energy transition.
OCBC to finance £10 billion in UK investments by 2030 under new partnership
SINGAPORE] OCBC plans to deploy £10 billion (S$17.4 billion) in financing over the next six years to support foreign direct investment into the United Kingdom, the bank said on Wednesday (Apr 2). Read ...
Panin Bank a good fit for DBS’ Indonesia operations; Singapore bank’s surplus capital could fund this buy: analysts
DBS Bank's strong track record of turning around unprofitable targets could benefit Indonesia’s Panin Bank through the potential acquisition.