An alleged boardroom coup attempt, a lawsuit between a family patriarch and his son, and accusations of corporate governance lapses — even by the standards of Asian succession drama, the family feud ...
Singapore’s Department Store Metro to Support Stablecoin Payments
Metro now accepts stablecoins like USDT and USDC for payments in Singapore, expanding digital transaction options for shoppers.
Singapore’s Metro Department Store to Accept USDT, USDC, and Other Stablecoins for Payments
Metro, one of Singapore’s leading retail chains, has announced its readiness to let customers make payments using stablecoins.
Father-Son Feud Plunges Singapore’s Richest Family Into Crisis
An alleged boardroom coup attempt, a lawsuit between a family patriarch and his son, and accusations of corporate governance lapses — even by the standards of Asian succession drama, the family feud ...
Basel Medical opens at $4.19, IPO priced at $4 per share
Basel Medical (BMGL) filed for an initial public offering of 2.205M ordinary shares. Cathay Securities is acting as the underwriter for this ...
Singapore department store Metro debuts stablecoin payments: Report
Metro, a publicly-listed department store chain in Singapore, has reportedly enabled its customers to pay for products using stablecoins like Tether’s USDt. Metro has partnered with Singapore-licensed ...
Father-son feud and an alleged ‘attempted coup’ rock one of Singapore’s largest property developers
Kwek Leng Beng, the chairman of City Developments Limited, is accusing his son Sherman Kwek, who is the CEO, of "serious lapses of corporate governance".
CDL through the years: From humble roots to family rift at Singapore’s largest listed developer
The dispute has culminated in a High Court hearing on Feb 26 to hear Kwek Leng Beng’s lawsuit against his son and several board directors. Read more at straitstimes.com.
Indonesian man caught at Singapore ferry terminal to be charged with money laundering, failure to declare cash
SINGAPORE: An Indonesian man is set to be charged with money laundering and failure to declare cross-border movement of cash on Thursday (Feb 27), after he entered Singapore with US$20,000 (S$26,800) ...
A look at Singapore’s most innovative architectural designs in 2025
Modern and modern aesthetic: One Marina Gardens is a perfect example of Singapore's love of modernism. These two 34-storey tall towers are built using windows and sleek lines and a natural flow that ...
Chinese students applying to Singapore prefer STEM fields
Singapore has also become a preferred destination for Chinese companies expanding globally, providing abundant internship and employment opportunities for graduates, according to the report.
Singapore property magnate seeks to oust son in boardroom battle
Kwek family feud between octogenarian chair and CEO offspring leads to share suspension of real estate developer ... ( read original story ...)
Singapore banks declare multi-billion dollar capital returns; OCBC Q4 profit misses
Singapore's second-largest bank, Oversea-Chinese Banking Corp , on Wednesday joined rivals in declaring multi-billion capital returns alongside their 2024 record earnings but warned of an uncertain ...
OCBC CEO Helen Wong thinks AI will create more banking jobs
As part of its earnings report, OCBC revealed that it will return 2.5 billion Singapore dollars to shareholders over two years through dividends and buybacks.
Singapore shares fall as company earnings disappoint; STI down 0.2%
The fallout left the Straits Times Index (STI) down 0.2 per cent or 7.82 points to 3,908.05 but gainers just beat losers 330 to 236 after 1.5 billion securities worth $1.7 billion changed hands.
Singapore Tycoon Kwek accuses son of boardroom coup attempt
The billionaire Kwek, 84, said in a statement that he had sought to dismiss his son, Sherman Kwek, from the CEO position earlier in February due to what he alleged were “serious lapses of corporate ...