This comes after German insurance giant’s S$2.2 billion bid for a controlling stake in Income fell through Read more at The Business Times.
Allianz to acquire HSBC Life Singapore and enter a new long-term distribution partnership with HSBC Singapore
Allianz to acquire HSBC Life Singapore, a composite insurer with a strong presence in the local life and health insurance market • Allianz and HSBC Singapore will enter into an exclusive 15-year ...
Allianz to acquire HSBC Life Singapore under broader EUR2 billion deal
(Alliance News) - Allianz SE on Friday announced a new distribution agreement with HSBC Holdings PLC along with a deal to acquire HSBC Life Singapore.
Singapore’s GIC plans to invest $30 billion in hedge funds over next three years
The sovereign-wealth fund has tripled its hedge-fund investments over the past decade and aims to build on this track record, it said.
Singapore’s GIC banks on hedge funds to weather market volatility, rides AI boom
By Yantoultra Ngui, Rae Wee and Xinghui Kok SINGAPORE, July 24 (Reuters) - Singapore sovereign wealth fund GIC plans to deploy an additional $30 billion into hedge funds and is spreading its bets ...
DBS PayLah! hit by service disruption, bank says affected transactions will be refunded
SINGAPORE: DBS Bank said on Thursday evening (Jul 23) that its PayLah! service was experiencing a disruption and that it was working to restore the service. In a Facebook post shortly after 9pm, the ...
‘World Cup distracts high-value gaming patrons’: DBS maintains ‘hold’ on Genting Singapore
Chee Zheng Feng from DBS Group Research foresees RWS to report soft gaming performance in 2Q2026, with the impact potentially extending into 3Q2026 given that the World Cup runs from June to July.
Singapore fines DBS, Cition Wirecard AG scandal
SINGAPORE’S financial regulator imposed penalties amounting to a total of S$3.8 million ($2.8 million) on four financial institutions for breaches related to the Wirecard AG scandal. DBS Group ...
Foundation Healthcare jumps 16% this week; UBS makes multiple stabilisation trades
SINGAPORE] Shares of Foundation Healthcare has jumped around 16 per cent since the start of the week, with stabilisation manager UBS making multiple share purchases. The counter rose as much as 7.8 ...
Launching a Financial Services or Fintech Business in Singapore: What Foreign Investors Need to Know
Launching a financial services or fintech business in Singapore requires choosing the right license, corporate structure, and capital commitment. Learn what foreign investors need to know.
Singapore To Invest $3.1 Billion In Air Traffic Management Modernization
SINGAPORE—The Civil Aviation Authority of Singapore (CAAS) will invest SG$4 billion ($3.1 billion) over the next 15 years to expand the capacity of the country’s air navigation services, including the ...
SpaceX, Grab, Sea Begin Trading on Singapore Exchange Through SDRs — Update
The Singapore Exchange has introduced depository receipts for Elon Musk's SpaceX, ride-hailing firm Grab and tech company Sea, as the city-state pushes to bolster the appeal of its stock market. The ...
Singapore to invest S$4 billion in air navigation over 15 years
Singapore will invest S$4 billion on air navigation services over the next 15 years, as air travel demand continues to grow. The Civil Aviation Authority of Singapore will replace and upgrade more ...
Singapore to invest S$800 million in transport research under RIE2030
SINGAPORE: Singapore will invest S$800 million (US$619 million) in transport research over five years, more than doubling its previous outlay, as it aims to remain a global transport hub. About ...
Singapore’s Temasek joins race for a slice of the $18.5 billion IPL
Singapore's Temasek is exploring investment opportunities within India's Indian Premier League. The league attracts sovereign wealth funds and private equity firms seeking high returns. Recent ...
UOB rolls out Visa Infinite Privilege and Private tiers across ASEAN
The rollout follows Visa's recent update to its Visa Infinite proposition in Asia Pacific, which introduced a three-tier structure designed for affluent customers. The bank said m ...