Zach Witkoff, Co-Founder and CEO of World Liberty Financial delivers remarks, as Eric Trump applauds, before ringing the opening bell to celebrate the closing of ALT5’s $1.5 billion offering and ...
Foreign student whose bank account was used in fake SAF bulk order scams gets jail, in first such sentencing
SINGAPORE: A foreign student in need of money sold her bank account details. It was later used to funnel almost S$18,000 (US$13,980) in scam proceeds, with most of the money coming from a fake ...
Singapore Mint launches its first investment-grade gold bullion
The Lion Bullion is the first investment-grade gold bullion by the Singapore Mint, and can be purchased only through the institution. With regard to products stored in the mint’s vault, transactions ...
More companies to IPO in Singapore as confidence, liquidity grows, market insiders say
Four preliminary prospectuses were lodged with the SGX since Monday, following two listings in September. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore court rejects US$2.7 billion 1MDB-linked suit against Standard Chartered, BSI
The judge dismissed the liquidators’ suit as the alleged transactions happened before Singapore’s cross-border insolvency law took effect.
Singapore overtakes London in ranking of top 20 IPO markets
Singapore jumped to 9th place with US$1.44 billion raised, driven by property trust listings. Read more at straitstimes.com. Read more at straitstimes.com.
DBS, UOB, OCBC lead dividend growth as Singapore companies pay out US$8.2 billion in H1
DBS was among the top 13 banking contributors to H1 dividend growth, says Capital Group Read more at The Business Times.
CICT overtakes Hong Kong’s Link Reit to become Asia’s largest real estate investment trust
A main factor behind this is the strength of the Singapore dollar, which has gained 5.4% against the greenback so far this year, while the Hong Kong dollar has fallen 0.2% Read more at The Business ...
Khazanah’s chief investment officer urges investors to ‘co-parent’ Asian firms amid weak returns
He says public market investors can play a more active role, while private equity can acquire underperforming assets Read more at The Business Times.
World Liberty Financial to launch debit card as early as this year
World Liberty Financial, a crypto venture backed by the family of U.S. President Donald Trump, plans to launch a debit card that would "bridge crypto assets with everyday spending", its CEO Zach ...
Investment strategist Phua Zhenghao and portfolio manager Grace Yan join asset management team at CGSI
Phua will oversee the CGSI’s public markets investment strategies, while Yan will “play a key role” in advancing the firm’s equity and thematic strategies.
Singapore Court Blocks Foreign Liquidators’ Bid to Sue Standard Chartered, BSI Bank
Singapore's high court has blocked a bid by foreign liquidators to sue Standard Chartered Bank and BSI Bank over transactions allegedly tied to 1Malaysia Development Bhd.
Singapore Strengthens Position as Third-Largest Global Forex Center
Singapore has strengthened its position as the third-largest global foreign-exchange center behind the U.K. and the U.S., the Monetary Authority of Singapore said Wednesday.
Singapore Stops 1MDB Liquidators from Suing StanChart, BSI Bank
Singapore’s High Court has stopped foreign liquidators from suing Standard Chartered Plc and BSI Bank Ltd. over transactions allegedly linked to the Malaysian sovereign wealth fund 1Malaysia ...
Wealthy clients increasingly seek private market funds to diversify from traditional assets: OCBC
The bank is exploring offering other types of alternative investments such as tokenised assets. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore overtakes London in list of top 20 IPO markets
The pool of UK-listed firms continues to decline as private equity funds snap up undervalued companies Read more at The Business Times.