The abrupt suspension of Ant Group's initial public offering in Shanghai and Hong Kong has greater impact for Asia than the U.S. election result, says CIO of Reyl Singapore. ( read original story ...)
Former Global Head of Trade Finance, Farooq Siddiqi, joins fintech platform #dltledgers as CEO
PRNewswire/ -- Leading cross-border trade digitisation platform #dltledgers has hired veteran banker Farooq Siddiqi as ... ( read original story ...)
UPDATE 1-Singapore lender DBS third-quarter profit skids 20%, OCBC’s profit falls 12%
DBS Group Holdings Ltd , Southeast Asia's biggest lender, reported a 20% fall in third-quarter profit on Thursday, hit by lower net interest income, but the results came above market estimates. ( read original story ...)
Abrupt halt to Ant IPO stuns investors in S’pore and abroad
Investors in Singapore and globally were stunned by the abrupt suspension of Ant Group's listing on the Shanghai Stock Exchange (SSE) less than two days before the world's largest initial public ... ( read original story ...)
Investment veterans’ SPAC Tiga Acquisition files for a $200 million IPO
The article Investment veterans' SPAC Tiga Acquisition files for a $200 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com. Investment ... ( read original story ...)
Hong Kong ‘rare whiskey brokerage’ targets Singapore wealth
Described by specialist drink retailer the Whiskey Exchange as having the "perfect balance of fruit, peat and power," the Black Bowmore 1964 Islay Single Malt Scotch Whisky holds legendary status ... ( read original story ...)
Best cashback credit cards in Singapore 2020
The best cashback credit cards in Singapore help you save money on your ... Get $150 cashback when you apply and spend on one of these five DBS/POSB credit cards: DBS Altitude (Visa), DBS Live ... ( read original story ...)
Boosting the Baby Bonus Scheme with the Baby Support Grant (2020) — What is the Total Payout?
During the Pioneer and Merdeka generations, it was normal to use your children as free labour at your hawker stall or provision shop. But now that child labour is outlawed, you need to find some other ... ( read original story ...)
S’pore High Court acquits Filipino domestic helper, 50, accused of stealing from elderly employer, 91
She walked free on Oct. 30 after a High Court judge found that reasonable doubt had been raised on the charges against her. ( read original story ...)
Many Singapore investors in a “state of shock” over abrupt suspension of Ant Group’s US$37 billion IPO
Brokers say there had been a lot more interest than usual in the US$37 billion dual listing from Singapore investors. Read more at straitstimes.com. ( read original story ...)
UPDATE 1-Singapore lender UOB’s Q3 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 ...)
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 ...)
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 ...)
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 ...)
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 ...)