A 75-year-old married woman was sentenced to five weeks’ jail on Oct 22 after she opened a bank account on behalf of her “online boyfriend” whom she had met on WhatsApp.
HSBC unveils sweeping overhaul, names first female CFO
Singapore | Beijing | Hong Kong | HSBC chief executive Georges Elhedery has announced an overhaul of the bank that will split it into four divisions and create a new geographic set-up separating east ...
Brokers’ take: OCBC initiates coverage on PropNex with ‘buy’
OCBC Investment Research has initiated coverage on PropNex with a “buy” call and a fair value estimate of S$0.91. It anticipates that upcoming project launches in the second half of 2024 and first ...
Singaporean bank UOB issues 3-year panda bond worth 5 bln yuan
Singapore's third-largest bank, said on Tuesday it had raised 5 billion yuan ($702.00 million) from a three-year panda bond and priced it at 2.3%, marking its first such issuance since 2019. Panda ...
WazirX Redirected $74M in Crypto to Other Exchanges After Major Hack: CoinSwitch
CoinSwitch's CEO accused WazirX of transferring $74m in users' crypto to Bybit and KuCoin after its $234m cyber attack.
Son of founder of modern Singapore says he is now a political refugee
Lee Hsien Yang, the youngest son of the founder of modern Singapore Lee Kuan Yew and estranged brother of former premier Lee Hsien Loong, said on Tuesday he is now a political refugee from Singapore ...
Singapore says ‘no basis’ to allegations of criminal prosecution against Lee Hsien Yang, in response to his asylum status
SINGAPORE: Mr Lee Hsien Yang said on Tuesday (Oct 22) he has applied for political asylum in the UK. In a statement on Facebook, he said he had sought asylum protection in 2022. "I sought asylum ...
Jail for elderly married woman who opened bank account on behalf of ‘online boyfriend’
SINGAPORE – A 75-year-old married woman was sentenced to five weeks’ jail on Oct 22 after she opened a bank account on behalf of her “online boyfriend” whom she had met on WhatsApp. Kang Pue Hua then ...
OCBC unveils Disney-themed cards as part of 5-year strategic collab
OCBC and Disney are releasing themed bank cards. The cards feature popular Disney IPs such as Marvel and Disney Princess and characters such as Stitch, Black Panther, Spider-Man, Captain America, Elsa ...
Singaporeans’ inflation expectations flatten in response to global cues: SMU and DBS survey
Within the survey by SMU and DBS the overall consumer price index inflation expectations (CPIEx), after adjusting for potential component-wise behavioural biases and re-combining across components, ...
Singapore grants conditional approval for 1.75 GW of power imports from Australia
Singapore's Energy Market Authority (EMA) said on Tuesday it has granted conditional approval to Sun Cable to import 1.75 gigawatt (GW) of clean power from Australia. The conditional approval for the ...
Singapore grants conditional approval for Sun Cable to import 1.75GW of electricity from Australia
The project to transmit solar power from Australia to Singapore has been revived more than 20 months after Sun Cable went into voluntary administration.
Singapore gives conditional nod to import solar power from Australia via 4,200km of subsea cables
SINGAPORE: Singapore has granted conditional approval to Sun Cable’s US$24 billion (S$31.5 billion) import of 1.75 gigawatt of solar power from Australia’s Northern Territory, which will begin after 2035,
Singapore doubling down on plans to decarbonise power sector, enhance grid infrastructure
Singapore is doubling down on plans to decarbonise its power sector and enhance grid infrastructure to be more responsive to changes in supply and demand. Deputy Prime Minister Gan Kim Yong announced these at the Singapore International Energy Week.
Singapore Stock Market May Give Up Support At 3,600 Points
The Singapore stock market on Monday ended the two-day winning streak in which it had advanced almost 50 points or 1.4 percent. The ...
DBS CEO Gupta says only half of banks making enough tech progress
SINGAPORE: The head of Singapore’s biggest lender says only about half of companies in the banking industry have made sufficient progress in transforming their businesses to embrace digitalisation and ...