Investors were divided over the respective capital return plans of DBS, UOB and OCBC, which come as they attempt to lower excess capital resulting from changes to global bank capital requirements.
Malaysia probes alleged Nvidia chips moved from Singapore, vows ‘necessary action’ against local firms involved
Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz made the pledge as he gave updates on investigations into an alleged fraud case involving servers exported from Singapore that may have ...
Singapore Considers Caning for Financial Scammers
Singapore is considering caning financial scammers to deter scams, which saw a 70% increase in losses last year. The government is also tackling malicious websites.
UOB chairman Wong Kan Seng ups his stake in bank by 10,050 shares for total cost of $385,000
This brings Wong’s total stake to over 75,000 shares or 0.004% of total number of ordinary votes. Wong was the former deputy prime minister of Singapore.
Committee of Supply 2025 debate, Day 3: Keith Chua on IPOS’ support for SMEs and Singapore as an arbitration hub
Many small- and medium-sized enterprises (SMEs) may not be aware of the opportunity to unlock the value of their intangible assets and intellectual property rights. Successful businesses should ensure ...
Children, students in SE Asia to benefit as UOB pledges $30m for education and support
The initiative will help through four key programmes providing digital learning tools, financial aid and scholarships. Read more at straitstimes.com.
Nvidia’s stock sinks, wiping out six months of gains as the AI trade unravels
AI stocks in general are taking a beating Monday, but some Nvidia-specific issues are also worrying investors.
Penny stock crash appeal hearing off to bumpy start for accused
The appeal hearing of convicted market manipulators Soh Chee Wen and Quah Su-ling got off to a bumpy start for the defence, with the apex court rejecting several arguments put forward to quash the ...
Banking Job Positions in Singapore: Career Opportunities in the Financial Sector
Singapore is a global financial hub, offering a wide range of job opportunities in the banking industry. With its strong economy, well-regulated financial system, and presence of international banks, ...
Singapore to develop new counter-drone capabilities as part of strategic military upgrades
Singapore is accelerating its military capabilities with a series of strategic upgrades. The Singapore Armed Forces will deepen investments in modernising its hardware to safeguard national security ...
Singapore Probes Potential Fraud in Nvidia AI Chip Shipments
Singapore is investigating whether Dell Technologies and Super Micro Computer servers shipped to Malaysia housed Nvidia chips barred from China.
HSBC Women’s World Championship: Lydia Ko wins in Singapore, eyes ‘even better’ year
New Zealander follows her memorable 2024 by lifting title at Sentosa Golf Club, with Jeeno Thitikul and Ayaka Furue in tie for second.
DBS launches forex rate lock-in for SMEs on payments up to US$1 million
SMALL and medium-sized enterprises (SMEs) banking with DBS can now secure their preferred foreign exchange rates for five currency pairs up to one month in advance when making local and overseas ...
FEMA Violation: Paytm’s OCL made investments in Singapore without reporting to RBI, says ED
Paytm subsidiary allegedly made certain Singapore investments without informing the RBI, claimed the Enforcement Directorate amid FEMA violation charges on the parent company One 97 Communications.
Officers, leaders involved in NRIC unmasking saga may face financial consequences
The Ministry of Digital Development and Information (MDDI) and the Accounting and Corporate Regulatory Authority (ACRA) also laid out steps that they will be taking to improve processes.
Singapore banks recalibrate ASEAN strategies
The three banks stand to see growth opportunities in the Johor- Singapore SEZ. Singaporean banks are recalibrating their regional strategies, with a renewed focus on the ASEAN region, according to a ...